Brazilian Firms Find Agility, Resilience in Cloud Services
Brazil's private and hybrid cloud sector is witnessing significant growth due to escalating security and regulatory concerns. A report by ISG indicates that Brazilian enterprises are shifting towards managed services, hosting, and colocation services for enhanced resilience and agility in IT operations. The demand for low-latency networks, backup, and rapid deployment of services is driving the hybrid cloud strategy. Key players include AWS, Microsoft, and Google, improving standards for security and compliance. The report also highlights 40 providers across various service quadrants, naming edge.uol and Equinix as leaders.
- Rapid growth in Brazil's private/hybrid cloud services driven by security and regulatory concerns.
- Increased demand for managed services and colocation, indicating strong market adoption.
- Emergence of new managed hosting technologies enhancing competitive positioning of local providers.
- Cloud adoption among Brazilian banks due to open banking regulations, enhancing long-term revenue potential.
- None.
Rising security and regulatory concerns are contributing to strong growth in Brazil’s private/hybrid cloud industry, ISG Provider Lens™ report says
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud — Data Center Services and Solutions report for
“Brazilian companies require low-latency networks, backup and recovery and faster deployment of new services,” said
As a result, both the cloud and colocation markets are growing quickly in
Brazilian managed hosting providers, once considered threatened by the entrance of public cloud hyperscalers, are stronger than ever thanks to demand for new technologies, such as automated self-service platforms that mimic the public cloud service portfolio, the report says.
Companies are still modernizing their infrastructure to comply with the privacy and data protection requirements of the Lei Geral de Proteção de Dados (LGPD), which went into effect more than a year ago, the report says. In addition, open banking regulations imposed in 2021 have increased banks’ interest in cloud migration. All private banks in
The report also examines other trends in the Brazilian private/hybrid cloud market, including how new technologies such as machine learning and service automation are helping providers deliver better services despite rising costs and shortages of skilled labor.
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud — Data Center Services and Solutions report for
The report names edge.uol, Equinix and T-Systems as Leaders in three quadrants each and Ativy, Matrix and TIVIT as Leaders in two quadrants each. It names Ascenty, Capgemini,
In addition,
Customized versions of the report are available from inov.TI, Matrix, Scala, Skymail, Under, Unisys and V8 Consulting.
The 2022 ISG Provider Lens™ Next-Gen Private/Hybrid Cloud — Data Center Services and Solutions report for
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
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FAQ
What are the main drivers of growth in Brazil's cloud industry according to the ISG report?
Which companies are recognized as leaders in Brazil's private/hybrid cloud market?
What recent regulations have influenced cloud migration for Brazilian banks?
How many cloud data centers are currently operating in Brazil?