TechNavio today launched its report, IT Services Market in Latin America 2011-2015, based on an in-depth analysis focusing exclusively on Latin America. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s IT Services team said: ”Global firms such as IBM, HP, SAP and Microsoft are increasing their investment in cloud services. As a result of the recent economic crisis, the adoption of cloud services and solutions such as software as a service (SaaS) has been on the rise. Companies such as Microsoft and SAP have been targeting small and medium-sized enterprises (SMEs) and large corporations with Microsoft online services offerings and Business All-in-One Fast-Start, respectively. The increasing adoption of cloud computing services and solutions is also encouraging more software spending by SMEs.”
According to the report, the IT Services market in Latin America is offering huge potential to IT vendors to tap into the imminent growth opportunities. One of the main factors for this growth is the increasing government support to improve the IT infrastructure in the region. Various initiatives taken by the governments include providing policy incentives, establishing high-tech zones, and providing development funding.
Further, the report reveals that acquiring, retaining, and managing talent is one of the most challenging factors confronting organizations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/it-services-market-latin-america-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic market research reports on niche and emerging technologies. For more information on our IT Services research, please visit https://www.technavio.com/it-services
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TechNavio Announces the Publication of its Research Report – IT Services Market in Latin America 2011-2015
