The State of the Cloud - Latin America, 2024

Research Objectives and Methodology

Research Objectives and Methodology (continued)

Respondent Profile

Respondent Profile (continued)

Key Findings

Businesses Focus on Efficiency and Innovation to Expand in Latin America

AI, Cloud, and Automation Lead the Way in Latin America’s Investment Priorities

AI and ML Take Center Stage in Latin America

Data Growth Stabilizes for Most, While Expanding Rapidly for a Few

Latin America's Cloud Adoption Is Driving Growth and Global Competitiveness

Cloud-First Approach Grows as a Key to Agility and Competitiveness to Latin America’s Digitalized Economies

Latin American Businesses Still Recognize Cloud as Key to Success

Public Cloud Slows as On-Premises, Private Solutions Expand Their Influence

Cloud Adoption Still Faces Security, Cost, and Talent Challenges

Cloud Users See the Most Benefits in Efficiency, Sustainability, and Flexibility Over AI Innovations

On-Premises Solutions Keep a Stronghold as a Strategic Choice in the Cloud Era

Companies Shift Focus to Cloud Cost Control, Shaping the Future of Digital Transformation

Businesses Pursue Long-Term Cost Optimization in the Cloud

Balancing AI Adoption and Sustainability in Latin America

ESG Practices Gain Ground as Sustainability Becomes Central to Business Strategy

High Costs and Lack of Support Threaten to Hinder Sustainability Efforts in Latin America

Managed Service Providers Are Empowering Digital Transformation in Latin America

Latin American Businesses Turn to MSPs for Help as They Implement Complex Multicloud or Hybrid Environments

Cloud Cost Optimization and Mitigating Security Risks Lead Reasons for MSP Collaboration in Latin America

Growth Opportunities Fuel the Growth Pipeline Engine™

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

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