Info. Technology - Brazil

Brazil's cloud investments to rise 74%, with less than half of market adoption

Brazil's cloud investments to rise 74%, with less than half of market adoption

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Investments in cloud computing in Brazil are expected to reach US$302mn this year for 74% growth compared to 2012, but only 38.8% of local corporates have implemented or are implementing cloud projects, according to a new Frost&Sullivan survey on the issue.

In addition, 38.1% of the market has yet to deploy anything related to cloud computing, while 23.1% claim to be studying the technology.

The consultancy interviewed 121 CIOs or IT executives from medium and large Brazilian corporates to assess their cloud computing strategies for the coming years...

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