NEWS
Report shows growth in LATAM data center market slows
Despite these difficulties , the recap says LATAM countries continue to commission large amounts of power in hopes of Drawing further developments .
Although AI is a Driver in other global markets , LATAM , the recap says , will not likely be incapable of supporting AI implementation until 2025 – and may have to do so in secondary markets .
Looking forward , hyperscale growth will help LATAM ’ s overall industry development , though challenges with AI implementation could keep the region ’ s development behind others , the recap says .
Despite a recent period of high demand , growth in LATAM markets slowed in 3Q a new report reveals .
The 3Q 2023 Data center Market Recap shows the slowdown is due to the region ’ s overall economic challenges , supply chain struggles and power constraints .
Although primary markets such as Querétaro , Mexico , experienced a surge in growth prior to 3Q , the recap identifies them as now experiencing power constraints and construction delays .
Leveraging its proprietary standardized method , the datacenterHawk team provides real-time data to monitor trends and pricing across more than 35 markets in APAC , Europe , LATAM and North America . datacenterHawk ’ s most updated data and analysis are available in its 3Q summary .
“ The global data center industry is experiencing strong growth throughout 2023 , with increasing demand and the rise of AI requirements leading the development of new submarkets and opportunities in established and emerging regions ,” said David Liggitt , Founder and CEO , datacenterHawk .
Cirion Forum 2023 highlights trends for the future in Latin America
The Cirion Forum summit held by Cirion Technologies in seven Latin American countries has brought together companies , industry players and Cirion executives to reflect on how emerging technologies are dominating corporations ’ Digital Transformation agendas and their way of doing business .
The Cirion Forum 2023 : Inspiring the Future : Scalable Technologies took place in seven countries : Chile , Peru , Mexico , Ecuador , Colombia , Argentina and Venezuela , concluding with a turnout of more than 2,260 attendees .
The event featured over 70 presentations and saw participation from 26 international speakers and Cirion executives . After two on-going virtual events , this year ’ s forum was live , gathering a select group from each nation . They discussed four pressing topics : cloud , Artificial Intelligence , metaverse and cybersecurity . perspectives have recently changed as a result of the emergence of new digital solutions and cutting-edge technologies .”
“ Through this forum , we ’ ve been leading the discussion about technology and business for the past 15 years ,” said Emilio Madero , EVP of Marketing at Cirion .
“ However , this is the first time we ’ ve held this event under the Cirion brand , so it was important to understand and present how business
Promoting progress in Latin America via technology , the forum emphasized concepts like resilience , adaptability , innovation and sustainable growth . These are seen as pivotal for future business development . The present corporate ecosystem was examined , highlighting the potential of Artificial Intelligence , Edge Computing , digitization and cybersecurity . p
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