Report: Maturity and New Business Models Are Driving Latin American Data Center Services
Companies are growing aware of the benefits of outsourcing IT infrastructure, finds Frost & Sullivan.
Across Colombia, Mexico, and Venezuela, companies are increasingly realizing the value that outsourcing IT infrastructure services can bring to business processes, functioning, and revenues.
New analysis from Frost & Sullivan, “IT Infrastructure Outsourcing Services Market: Colombia, Mexico, and Venezuela,” estimates the market in Colombia to expand from $168.8 million to $309.5, in Mexico from $579.4 to $899.5 and in Venezuela from $103.6 million to $166.6 million over the 2012-2017 period. Colombia will be the fastest growing market with a compound annual growth rate of 13.3 per cent between 2011 and 2017.
"The Colombian market, especially big centers like Bogota or Medellin, are more likely to invest in outsourcing," said Bruno Tasco, research analyst, Frost & Sullivan ICT. "Large enterprises are beginning to understand the benefits of these business models and to trust service provider capabilities in guaranteeing availability."
Regular services, such as colocation and hosting, still have great demand. Promisingly, data centers are now willing to add more value to their offering with dedicated hosting, storage, and disaster recovery.
In Mexico, the data center market is growing and developing successfully. Similar to Colombia, a stable economy and the willingness to outsource non-core IT activities is boosting market prospects.
"The need for companies to find trustworthy data centers to store their information and applications will drive the market positively in the next years," remarked Tasco. "The Mexican data center market is experiencing a trend towards converged network infrastructure and improved computer and services offerings."
In Venezuela, as in Mexico and Colombia, companies are beginning to understand the importance of a third party to manage datacenter services so that they can focus on their core business.
Demand is growing and driven by cloud computing, mainly with virtual hosting and monitoring services, as a way to add more value to the offerings. Storage and security services are also gaining currency.
"Suppliers of outsourcing services should enhance and customize their offerings to meet the increasing corporate need for top quality, high performance, and completely secure IT services," advised Tasco. "This will help fully leverage the demand for data centers across Colombia, Mexico, and Venezuela."