U.S. technology giant IBM will invest $17 million in constructing what is calls a state-of-the-art data center in the Colombian capital of Bogota. The data center fits into the company’s broader plan to penetrate Latin America’s cloud computing and Big Data analytics market.
IBM has long been offering Big Data and cloud computing services to Latin American companies, suggesting that regional businesses use this technology to offer high-quality and personalized services to their clients. According to data from the National Chamber of Commerce, IBM counts a large majority of Colombia’s most important companies among its clients.
“Our new data center and our professionals aim to contribute to the private and public companies’ development and the country’s progress. This new investment showcases our clients’ trust in our expertise and services, as well as the commitment IBM has made to the country’s growth,” said Francisco Thiermann, General Manager of IBM Colombia.
This will be the second IBM data center in Colombia and it should be significantly larger than the first, which was built in 2011 at a cost of about $8 million.
IBM is targeting Colombia’s banking, healthcare, food, insurance and oil & gas industries, among others, offering services with Cloud, Smarter Systems and Big Data capabilities that help drive economic growth and sustainable development.
According to Colombian consulting firm Vision Growth Consulting, “Colombia is one of the fastest growing countries outsourcing data center services in Latin America, with an estimated 15.3% growth of the data center services market in Colombia in 2013, mainly driven by cloud computing, among others, which is already a reality in the country.”
IBM has made a number of multi-million-dollar investments in Latin America since 2009, opening nine IT Services Centers in Brazil, Mexico, Costa Rica, Chile, Colombia, Peru and Uruguay, which provide round-the-clock services.