IBM invests US $17 million in new Bogota, Colombia data center facility

What: Multinational technology corporation IBM has invested US $17 million in a new data center facility in Bogota, Colombia.
Why is it important: Colombia is one of the fastest growing outsourcing datacenter services markets in Latin America, with estimated growth of 15.3% this year, and according to Fedesoft's president, Paola Restrepo, the total IT software and related services sector in Colombia reached some 4.2tn pesos (US $2.34bn) last year. This hefty IBM investment reflects the country's technological expected growth and reliability.

IBM recently announced it is investing $17 million in a new data center located in Bogota, Colombia. This new facility will provide Colombian companies with state-of-the-art cloud computing and big data services with which they will be able to meet the growing demands of local and international markets, focusing on industries including banking, insurance, healthcare, food and oil and gas. By means of these services, Bogota-based companies will have the ability to offer flexible, high quality, and personalized services to their customers.

This new data center facility will expand upon the $8 million investment IBM made in Colombia when it opened up its first data center, back in 2011.

According to Gustavo Mendez, IBM Latin America's VP of strategic outsourcing, "data center and service center investments in the region have been a key priority for the company, as part of its efforts to boost infrastructure and service outsourcing business". As a matter of fact, IBM has invested heavily in data centers in Latin America since 2009  (it has already opened nine IT service centers across the region) and earlier this year it also opened new data centers in Lima (Peru) and Santiago (Chile).

Sources: BN Americas, Dividend.com


Editorial Staff (@portada_online)

Portada is the leading source of news and analysis on the Latin Marketing and Media space. Credibility is our biggest asset: The Portada team is very passionate about producing high-quality independent content that helps drive forward the Latin Marketing and Media space.
El equipo editorial de Portada se apasiona por elaborar contenidos de alta calidad. La credibilidad es nuestro mayor activo. La misión de Portada es ayudar a profesionales de negocios y medios a comprender y alcanzar a consumidores latinoamericanos, del mercado hispano de EE UU y España.

MORE FROM PORTADA

Miami Tech Investors Provide LatAm Entrepreneurs with Path to Growth

Miami Tech Investors Provide LatAm Entrepreneurs with Path to Growth

We sit down with Raul Moas, the managing director of Accelerated Growth Partners (APG), a Miami-based angel investor network that provides capital to entrepreneurs in Miami, to discuss the city’s exciting startup scene, and how it has fostered the growth of Latin American businesses.


Ad-Tech Play The Trade Desk IPO’s at Higher than Expected Price

Ad-Tech Play The Trade Desk IPO’s at Higher than Expected Price

California-based ad tech company The Trade Desk, Inc. has officially gone public on The Nasdaq Stock Market.The Trade Desk debuted on the Nasdaq at US$28.75 as opposed to the company’s US$16-to-US$18-per-share projection.


How Brands Can Use Fan-Generated Video Content in Sports Marketing Campaigns

How Brands Can Use Fan-Generated Video Content in Sports Marketing Campaigns

Sports marketing experts talk about what self created fans’ video content represents to them, at Portada’s Hispanic Sports Marketing Forum, held in New York on September 14.