The Colombian IT infrastructure outsourcing services market is experiencing high growth rates that are likely to continue in the medium to long term. Companies are increasingly realizing the benefits of outsourcing such as fixed cost, better infrastructure, specialized human resources and most importantly, the ability to focus on their core activities.
New analysis from Frost & Sullivan (itservicesandapplications.frost.com), Colombia IT Infrastructure Outsourcing Services Market, reveals that the market earned revenues of $115.9 million in 2006 and estimates this to reach $614.3 million in 2012.
If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of Colombia IT Infrastructure Outsourcing Services Market, then send an email to Jorgelina Peciña, Corporate Communications, at jorgelina.pecina[.]frost.com with your full name, company name, title, telephone number, fax number, email address, city and country. Upon receipt of the above information, an overview will be sent to you.
“With technology developing at a rapid pace and equipment and knowledge often becoming obsolete as a result, potential customers for IT infrastructure outsourcing services have become aware of the advantages of handing over this function to a third party with the relevant expertise”, says Frost & Sullivan Research Analyst Ana María Rojas. “This has helped pave the way for service providers to promote their solutions more easily to interested companies”.
Solutions are also becoming more flexible and comprehensive with the entry of new participants and rising competition between IT providers and telecommunications companies, which creates a healthy growth dynamic in the market. Customers are gradually adopting these services, typically opting for simple solutions such as collocation initially and later scaling up to value-added services such as storage and network management.
However, convincing potential clients to entrust their internal and confidential information to an outside party will continue to pose a major challenge to service providers. Cultural beliefs on this issue lead to skepticism among companies about allowing a third party to control their processes, while concerns also abound about the security of outsourcing IT infrastructure. High prices of the solutions are another key factor restraining greater adoption of these services.
Despite the prevailing uncertainty about security issues, the high costs of maintaining up-to-date IT infrastructure in-house and the importance of remaining competitive are compelling enough reasons for companies to contract IT services to recognized specialists with core competencies in this area.
“Thus, as the confidence levels of both potential and existing clients in outsourcing services continue to increase, the future market outlook appears promising indeed”, says Rojas. “The inclusion of medium-sized companies in the target customer base due to the introduction of flexible solutions and on-demand services is also likely to contribute to market growth”.
Recent trends suggest the growing participation of the mid-market as providers begin developing solutions aimed at addressing the unique needs of small and medium-sized businesses (SMBs). On their part, SMBs have become more aware of the critical role played by IT in their organizations, but are restrained by high prices. Therefore, solutions will have to become more affordable if service providers wish to leverage the considerable potential of the SMB segment.
Colombia IT Infrastructure Outsourcing Services Market, part of the IT Services & Applications Subscription, provides an overview of the IT outsourcing landscape in Colombia, including revenue forecasts for the country and a complete analysis of key market drivers, restraints and trends that are impacting this market. It also includes research in the following markets: Latin America ERP services markets and Brazil IT infrastructure outsourcing services markets. Interviews with the press are available.
Aboout Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics and demographics.