TechnologyDigital transformation: Peru is the fifth country that invested...

Digital transformation: Peru is the fifth country that invested the most in Latin America

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The COVI-19 pandemic motivated companies to accelerate their digital evolution, especially to guarantee remote work. Peru was not the exception. Several entities such as the World Bank have already pointed out this progress and, now, the recent IDC IT Services Tracker Peru 2021H2 study indicates that the Peruvian market experienced an improvement in the second half of 2021.

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Information Technology (IT) spending in Peru improved with an investment of US $1.1 billion in said services in the year 2021, placing it as the fifth country in Latin America that invested the most during the second half of 2021.

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READ ALSO: Electric cars: how did Argentina start producing them and what is missing for Peru to follow in its footsteps?

Within those expenses that were made in the business sector, we have in the first place Migration to the Cloud with US$ 426.6 million, followed by Big Data & Analytics with US$ 362.3 million, Cybersecurity with US$ 239.4 million and, finally, Artificial Intelligence with US$74.5 million.

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The report indicates that within the main IT managed service providers, a total of US$ 523.97 million was generated during 2021. Among them is CANVIA with a 15.3% share.

“Being able to develop new business models, based on digital capabilities, is one of the challenges that many companies in Peru face within the dynamics of accelerated change in today’s world,” said Hugo Goicochea, CEO of CANVIA. He considered that it is a good sign about the path that the business sector is taking.

READ ALSO: Google installs special offices to adapt to new post-pandemic ways of working

Likewise, the IDC IT Services Tracker 2021H2 Peru study reveals that CANVIA ranks first in services to the commerce and manufacturing sectors with a 28% share. In addition, it has maintained the first place as a Service Desk provider for 9 years and is in second place in Cloud Services (consolidating Private Cloud and Public Cloud).

Finally, the report indicates that the Peruvian market is still immature in the adoption of Big Data & Analytics software compared to other countries in the region. While investment in Latin America has exceeded US$8 billion, in Peru the amount is less than US$400 million. On the contrary, the report indicates that the main space for growth in the Peruvian market is in cybersecurity.

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Source: Elcomercio

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