The State of the Cloud: Maximizing Business Success through Cloud Computing, AI, and Data in Latin America

The State of the Cloud: Maximizing Business Success through Cloud Computing, AI, and Data in Latin America

Frost & Sullivan Cloud Survey 2023 Highlights

RELEASE DATE
01-Feb-2024
REGION
North America
Deliverable Type
Market Research
Research Code: K9D8-01-00-00-00
SKU: IT_2024_562
AvailableYesPDF Download
$4,950.00
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SKU
IT_2024_562
$4,950.00
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Description

In Latin America, businesses increasingly adopt cloud computing, artificial intelligence, and machine learning technologies to support their strategic business growth. Despite a projected slower economic growth in 2024, digital transformation remains robust. Companies seek external partners to assist them in their journey toward full digitization. Sustainability is also gaining relevance, leading businesses to choose technologies that promote energy efficiency and emission reduction. These are among the key findings from the 2023 Frost & Sullivan Cloud User survey of Latin American businesses. The data is derived from respondents operating in the 4 largest markets in the region: Brazil, Mexico, Argentina, and Colombia.

Table of Contents

Research Objectives and Methodology

Research Objectives and Methodology (continued)

Respondent Profile

Respondent Profile (continued)

Key Findings

Overview

Overview (continued)

Business Priorities Require New Technologies

Automation, AI, and Cloud are Top Tech Investment Priorities

Surge in Cloud Users Looking for Optimization and Edge Computing

Data Security is the Foremost Cloud Challenge for Latin American Companies

Cloud in Latin America—Diminishing Momentum Yet Highly Relevant

Cloud Holds Potential for Growth in the Region

Hybrid and Multi-cloud Shape Latin America's Digital Transformation

App Performance, Operational Efficiency, and Scalability Drive Public Cloud Usage

Private Infrastructure Helps Regional Businesses Maintain Control and Meet Specific Goals

Greater Control Drives the Usage of On-premises Infrastructure

Sustainability Drive—Cloud Adoption’s Crucial Role

Leveraging Eco-friendly Cloud for Competitive Advantage

Implementing Sustainable Practices Remains a Challenge for Latin American Companies

Third-party Engagements are Increasing in Latin America

Cost Reduction is the Primary Benefit of Third-party Partnerships in Latin America

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

Growth Opportunities Fuel the Growth Pipeline Engine™

List of Exhibits

Legal Disclaimer

In Latin America, businesses increasingly adopt cloud computing, artificial intelligence, and machine learning technologies to support their strategic business growth. Despite a projected slower economic growth in 2024, digital transformation remains robust. Companies seek external partners to assist them in their journey toward full digitization. Sustainability is also gaining relevance, leading businesses to choose technologies that promote energy efficiency and emission reduction. These are among the key findings from the 2023 Frost & Sullivan Cloud User survey of Latin American businesses. The data is derived from respondents operating in the 4 largest markets in the region: Brazil, Mexico, Argentina, and Colombia.
More Information
Deliverable Type Market Research
Author Mariano Gimenez
Industries Information Technology
No Index No
Is Prebook No
Keyword 1 Cloud Computing Solutions in Latin America
Keyword 2 Latin America AI Market Trends
Keyword 3 AI and Data Market Growth in Latin America
Podcast No
WIP Number K9D8-01-00-00-00