Intelligent CIO LATAM Issue 06 | Page 49

COUNTRY FOCUS : ECUADOR s commitment to

The SAP event highlighted interesting variables and perspectives on using emerging technologies and innovative trends that companies and the government can take advantage of for good .
According to the ICE Economic Climate Index , the business climate in Ecuador is the second that gains the most positions in the third quarter of 2021 , rising 26.2 points . This can be achieved by taking advantage of Artificial Intelligence , Big Data , Analytics and Automation by being transversal and generating new business models while making them more competitive .
Similarly , the cloud , the IoT and fiber optics become facilitators to improve data collection and decisionmaking in companies .
78 % of the country ’ s CEOs consider that the economic situation will improve thanks to the coming technological transformations .
Drawing a map that integrates technology
However , Ecuadorian companies must approach telecommunications ’ information technologies and integrate them into their business models to incorporate them .
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