Cloud services adoption and data center management increase need for IT services despite economic uncertainty
SAO PAULO, Jan. 25, 2018 /PRNewswire/ -- The latest Frost & Sullivan research, Brazilian IT Outsourcing Market, Forecast to 2021, sheds light on the impacts of recent technological innovations, critical business and economic considerations that are aiding and hampering the outsourcing model adoption. The information technology (IT) outsourcing segment corresponds today at 48.5% of the total IT industry in Brazil; it is expected to attain $US 7.96 billion by 2021, while it reached $US 6.68 billion in 2016.
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The Brazilian economic scenario influenced the performance of the services market, and forced companies to reduce expenditure and focus on maintaining the operation and increasing efficiency. As a result, the business has shifted from traditional IT services to new platforms and technologies that offer faster implementation at more competitive prices.
"IT investments have been primarily directed at cloud solutions, such as SaaS, as a way to reduce investments in the acquisition of hardware and software while optimizing the infrastructure by adapting the capacity of processing to demand," stated Renato Rosa, Information & Communications Technology Program Manager at Frost & Sullivan.
The study revealed that:
"Over the next few years, many companies will need to revise their business infrastructure and will be looking for companies that have IT services that align with their business needs," concluded Rosa.
Brazilian IT Outsourcing Market, Forecast to 2021 is part of Frost & Sullivan's Digital Transformation Growth Partnership Service program.
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Brazilian IT Outsourcing Market, Forecast to 2021
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