Cloud Computing, AI, and Data Trends in Latin America: Cloud Remains at the Center of Digital Transformation

DUBLIN, March 20, 2024 /PRNewswire/ — The “State of the Cloud in Latin America: Maximizing Business Success through Cloud Computing, AI, and Data” report has been added to ResearchAndMarkets.com’s offering.

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 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.

Key Topics Covered:

Key Findings

Enterprise Cloud Adoption in Latin America

Business Priorities Require New TechnologiesAutomation, AI, and Cloud are Top Tech Investment PrioritiesSurge in Cloud Users Looking for Optimization and Edge ComputingData Security is the Foremost Cloud Challenge for Latin American Companies

Cloud Remains at the Center of Digital Transformation

Cloud in Latin America – Diminishing Momentum Yet Highly RelevantCloud Holds Potential for Growth in the RegionHybrid and Multi-cloud Shape Latin America’s Digital TransformationApp Performance, Operational Efficiency, and Scalability Drive Public Cloud UsagePrivate Infrastructure Helps Regional Businesses Maintain Control and Meet Specific GoalsGreater Control Drives the Usage of On-premises Infrastructure

Sustainability Gains Prominence in Latin America

Sustainability Drive – Cloud Adoption’s Crucial RoleLeveraging Eco-friendly Cloud for Competitive AdvantageImplementing Sustainable Practices Remains a Challenge for Latin American Companies

Latin America’s Emerging Third-party Collaborations

Third-party Engagements are Increasing in Latin AmericaCost Reduction is the Primary Benefit of Third-party Partnerships in Latin America

For more information about this report visit https://www.researchandmarkets.com/r/t9k8gl

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SOURCE Research and Markets