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Latin America Emerges as Hotspot for Data Center Development, the Latin America Data Center Construction Market to Hit $2.32 Billion by 2029 – Arizton

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CHICAGO, April 3, 2024 /PRNewswire/ — According to Arizton’s latest research report, the global Latin America data center construction market is growing at a CAGR of 9.25% during 2023-2029. 

To Know More, Click: https://www.arizton.com/market-reports/latin-america-data-center-construction-market-size-and-analysis-2024
Browse In-depth TOC on the Latin America Data Center Construction Market      354 – Pages                28   – Tables                103 – Figures      
The Latin America Data Center Construction Market Report Scope   
Report Attributes   
Details    
Market Size – Investment (2029)   
USD 2.32 Billion
Market Size – Investment (2023)   
USD 1.36 Billion
CAGR – Investment (2023-2029)   
9.25 %
Market Size – Area (2029)
1,576 thousand Square Feet
Power Capacity (2029)
311 MW
Historic Year   
2020-2022   
Base Year   
2023
Forecast Year   
2024-2029   
Market Segmentation   
Infrastructure, Electrical Infrastructure, Mechanical Infrastructure, Cooling Systems, Cooling Techniques, General Construction, Tier Standard, and Geography
Geographic Analysis   
Brazil, Chile, Colombia, Mexico, Argentina, and Rest of Latin America
Market Dynamics    

Increase in Demand for Cloud-Based Data CentersBig Data & IoT Boosting Data Center InvestmentsImplementation of Tax Incentives Appeals to Data Center InvestmentsGrowth in the Digital Economy 
 
Brazil is a leading data center investment hub in Latin America, with São Paulo serving as a central location for developing various facilities, including hyperscale and cloud regions. This is followed by Rio de Janeiro and Fortaleza. Brazil is actively investing in digital transformations such as the 5G network rollout, which is slated to play a critical role in encouraging digital innovations, IoT, smart cities, and the fourth industrial revolution, leading to foreign investments in the country. Brazil stands out with 15 existing undersea cables that connect the country to other Latin American countries, as well as Portugal, Cameroon, Angola, and the US. The country is slated to witness the deployment of the Firmina submarine cable by Google; this submarine cable is poised to connect Brazil to Argentina, Uruguay, and the US.
In August 2023, ODATA launched RJ01, its first data center campus in Rio de Janeiro, Brazil; the facility is spread across a raised floor area of around 18,000 square meters and accounts for a power capacity of 24 MW. The company invested around $50 million in this project and is estimated to lease it out to major hyperscale customers.
In May 2023, Scala Data Centers opened the SGRUTB05 data center in the Tamboré campus in Barueri City, São Paulo, Brazil. The 6 MW facility is spread across 72,000 square feet and comprises 400 racks; it is leased to the major hyperscale clients. In addition, the company was projected to inaugurate the SGRUTB08 data center in Q1 2024.
Nowadays, data center operators spend their revenue on infrastructure, concentrating on improving redundant power infrastructure rather than on cooling systems throughout the Tier I and Tier II centers. Interestingly, mission-critical applications cannot be operated in these data centers since they account for a power capacity of less than 1 MW. According to the Uptime Institute’s design and construction standards, Argentina, Peru, Costa Rica, Mexico, Panama, Nicaragua, Jamaica, and the Dominican Republic are some of the locations in Latin America that account for the presence of those data center facilities that received the Tier II standard certification.
Data Center Investors Analysis
Digitalization is propelling data center investments across Latin America owing to the broad use of cloud-based services, rising internet penetration rates, the growth in social media usage, and the adoption of advanced technologies such as IoT and big data.In 2023, Latin America witnessed significant colocation investments from Scala Data Centers, KIO Networks, ODATA (Aligned Data Centers), Equinix, Ascenty, and Cirion Technologies. For instance, Scala Data Centers decided to invest in more than 30 data centers spread across the under-construction, planned, and announced stages.AWS, Microsoft, Oracle, IBM, Google, and Huawei Technologies are the global cloud operators actively involved in expanding their presence or developing new cloud data centers. For instance,In February 2024, AWS plans to launch the cloud region in early 2025. In addition, the company plans to invest around $5 billion in three data centers in the next 15 years in Queretaro, Mexico.Why Should You Buy this Report?
Market estimations by investment, area, and power capacity at the regional level and across key geographies (5+ countries covered).Assessment of investments by colocation, hyperscale, and enterprise operators.A detailed study of the existing market landscape, an in-depth industry analysis, and insightful predictions about the growth trajectory of the market and its sub-segments.A comprehensive analysis of the industry’s key market enablers, latest trends, restraints, and growth prospects.Data center market investments are classified into multiple segments and sub-segments (electrical, mechanical, and general construction services), with sizing and market forecast.Provide a business overview and product offerings of prominent construction contractors, support infrastructure providers, and investors operating in the industry.A transparent research methodology and the analysis of the demand and supply aspects of the industry.The Latin America Data Center Construction Market Report Encompasses Crucial Data, including:     
Market size and growth forecast for 10 years from 2020-2029             CAGR (Compound Annual Growth Rate) during the forecast period: This metric provides insights into the annual growth rate of the Latin America data center construction market over the specified time frame.               Detailed information on growth drivers: The report offers in-depth information on the factors that will propel the Latin America data center construction market growth from 2023 to 2029. This includes an analysis of various market influences.               Precise estimation of market size: Accurate assessments of the Latin America data center construction market size and its contribution, focusing on key market segments.               Predictions about upcoming trends and changes in consumer behavior: The report offers insights into anticipated trends and shifts in consumer behavior that are likely to impact the Latin America data center construction market, helping businesses prepare for future market dynamics.               Geographical market growth: The report covers the development of the Latin America data center construction market.Competitive landscape analysis: A thorough examination of the market’s competitive landscape is presented, including detailed information about companies operating in the Latin America data center construction market. This includes an overview of key players, their market share, strategies, and key developments.               Analysis of growth challenges: The report includes a comprehensive analysis of factors that may pose challenges to the growth of companies in the Latin America data center construction market, providing a well-rounded view of the market dynamics.        
Buy this Research @ https://www.arizton.com/market-reports/latin-america-data-center-construction-market-size-and-analysis-2024
The Report Includes the Investment in the Following Areas: 
Infrastructure
Electrical InfrastructureMechanical InfrastructureGeneral ConstructionElectrical Infrastructure
UPS SystemsGeneratorsTransfer Switches & SwitchgearPDUsOther Electrical InfrastructureMechanical Infrastructure
Cooling SystemsRacksOther Mechanical InfrastructureCooling Systems
CRAC & CRAH UnitsChillers UnitsCooling Towers, Condensers, and Dry CoolersEconomizers & Evaporative CoolersOther Cooling UnitsCooling Technique
Air-based CoolingLiquid-based CoolingGeneral Construction
Core & Shell DevelopmentInstallation & Commissioning ServicesEngineering & Building DesignFire Detection & SuppressionPhysical SecurityDCIM/BMS SolutionsTier Standard
Tier I & Tier IITier IIITier IVGeography
BrazilChileColombiaMexicoArgentinaRest of Latin AmericaCOMPETITIVE LANDSCAPE
Key Data Center Support Infrastructure Providers
ABBAlfa LavalAssa AbloyAxis CommunicationsBosch Security Systems (Robert Bosch)CaterpillarCumminsDaikin AppliedDelta ElectronicsEATONHoneywellJohnson ControlsLegrandMuntersMitsubishi ElectricPiller Power SystemsPanduitRittalRolls-RoyceSchneider ElectricSiemensSTULZVertivProminent Construction Contractors
AECOMAceco TIAfonso França EngenhariaConstructora SudamericanaCundallFluor CorporationGenslerHDOSHyphenHolder ConstructionJacobs EngineeringKMD ArchitectsModular Data CentersPQCQuarkSyska Hennessey GroupSobenTurner ConstructionTurner & TownsendThe Weitz CompanyZFB GroupZeittecProminent Data Center Investors
Amazon Web Services (AWS)AscentyAngola CablesAva TelecomBlue NAP AmericasCirion TechnologiesClaroVTRDigicelEntelEquinixEdgeUnoEdgeConneXElea DigitalGtd PeruHostDimeIPXON NetworksInterNexaKIO NetworksMicrosoftMillicom (Tigo Panama)NabiaxOxygenOnexODATA (Aligned Data Centers)QuânticoScala Data CentersSONDATelecom Italia SparkleV.talNew Entrants
CloudHQDHAmericasEVEOLayer 9 Data CentersSurfix Data CenterKey Questions Answered in the Report:   How big is the Latin America data center construction market?What is the growth rate of the Latin America data center construction market?What is the estimated market size in terms of area in the Latin America data center construction market by 2029?What are the key trends in the Latin America data center construction market?How many MW of power capacity is expected to reach the Latin America data center construction market by 2029?
Get the Detailed TOC @ https://www.arizton.com/market-reports/latin-america-data-center-construction-market-size-and-analysis-2024
Check Out Some of the Top-Selling Research Reports:             
Latin America Data Center Server Market – Industry Analysis and Forecast 2022-2027
Latin America Data Center Storage Market – Industry Outlook & Forecast 2022-2027
Latin America Data Center Market – Industry Outlook & Forecast 2023-2028
Latin America Data Center Colocation Market – Industry Outlook & Forecast 2023-2028
Why Arizton?                      100% Customer Satisfaction                      24×7 availability – we are always there when you need us                      200+ Fortune 500 Companies trust Arizton’s report                      80% of our reports are exclusive and first in the industry                      100% more data and analysis                      1500+ reports published till date                       
About Us:                                                           
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.                                                         
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.                                                          
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.                                                                
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Management ‘bought the AI hype’ and expect value but research shows lack of organizational readiness is primary hurdle: IFS

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IFS commissioned research shows value creation lags AI promise without the right planning and application
LONDON, April 23, 2024 /PRNewswire/ — New research from IFS, the global cloud enterprise software company, has found that executive and board leadership have ‘bought the AI hype’ but organizations are unable to deliver operationally on expectations. The new global study of 1,700 senior decision makers, Industrial AI: the new frontier for productivity, innovation and competition, found that the promise of AI is being held back by technology, processes and skills. Half of respondents remain optimistic that with the right AI strategy, value can be realized in the next two years, and a quarter believe in the next year.

Expectations failing to meet reality
84% of executives anticipate massive organizational benefits from AI, with the top three areas AI is expected to deliver value in being high-impact: product & service innovation, improved internal & external data availability, and cost reductions & margin gains. The hype has become so high that 82% of senior decision-makers acknowledge that there is significant pressure to adopt AI quickly. However, this same group of respondents state that they are concerned that a failure to plan, implement and communicate properly means AI projects will stall in pilot stage.
Many organizations have not prioritized elements of development, nor have the infrastructure required to reap the rewards or the skills to deliver on that promise. The study found that over a third (34%) of businesses had not moved to the cloud. While this is not essential to AI adoption, it is indicative of an unprepared enterprise unlikely to be able to scale AI across their business. According to IFS, a robust Industrial AI strategy requires a potent combination of cloud, data, processes, and skills. 80% of respondents agree that the lack of a strategic approach means they have insufficient skills in-house to successfully adopt AI. This sentiment is seen elsewhere in the research with 43% of respondents rating the quality of AI resources in their business, in terms of human skills, as passable and not where it needs to be.
Christian Pedersen, Chief Product Officer, IFS, commented: “AI is poised to become the most transformational enterprise tool ever seen, but our research reveals that there are still fundamental misunderstandings about how to harness its power within an industrial setting. It is telling that AI is expected to significantly reduce costs and raise margins, but a lack of robust strategy means most businesses are under-skilled and under-prepared to achieve these ambitions. We built IFS.ai specifically with these challenges in mind. AI value simply will not be found in a single AI capability but instead by delivering AI across all products and business processes. This supports customers’ decision cycles and provides the data and AI services required to realize value faster.”
Pedersen continued: “Achieving this at scale needs a clear-eyed strategic focus, including the high-impact use cases specific to their industry, having a cloud-based infrastructure in place which has industrial AI embedded, and investing early in developing the skills needed. Adopting this approach will turn the tide of disillusionment, and deliver the benefits that boards and the C suite are demanding.”
Outlook optimistic but planning needed
The unfortunate reality of the skills gap means that in terms of AI readiness, many businesses are falling behind. IFS found that nearly half of respondents (48%) were most likely to say that they are gathering proposals and were much less likely to have a clear strategy and perceivable results (27%). A fifth of respondents are in the research phase, with uncontrolled tests taking place and a further 5% are lacking a coordinated approach and do not have anything in motion yet. Despite initial challenges, there is still optimism with respondents most likely to feel AI could make a significant difference to their business in 1-2 years (47%), and a further quarter (24%) believe it could be within a year.
In particular, respondents are most optimistic about the impact of AI in smart production and/or service delivery on effectiveness & business and operational management (22%) in the future. One fifth see the biggest impact being on innovation with new products and services (20%), growth & business model decision-making (20%), empowering people and increasing talent retention (19%), and customer experience and customer service (19%).
Action needed on data readiness
To reap these benefits, enterprises need to leverage the most strategic asset they have – their data. The right data volume and quality is critical for the success of AI applications. Respondents recognize how important real-time data is to successful AI projects, with over 4 in 5 (86%) stating this. Yet despite this recognition, less than a quarter (23%) of respondents have completed their data foundation with it supporting both data-driven business decision making and real time response to changes, suggesting that more work needs to be done to get data AI ready. Moreover, under half (43%) of respondents have majority structured data, with some unstructured.
Pedersen commented: “The lack of maturity at the data foundation layer needs to be addressed as part of an overall AI strategy, otherwise AI simply will never be the magic bullet that can turbocharge the enterprise. Clearly enterprises need support on data management and migration. While AI is seen as a shiny new tool that will revolutionize business, like all technology, it is never that simple. The power of Industrial AI is that it can touch all facets of a business from product innovation and customer experience to productivity and ESG. Its potential is massive if executives and organizations can combine vision, strategy, technology and skills. Now is the time to step back, take stock, and build a true Industrial AI plan and turn the hype into reality.”
Methodology:
Censuswide surveyed 1,709 C-level/President/SVP/Directors who work in Manufacturing, Telecommunications, A&D, Services, Construction & Engineering or Energy & resources in organizations with $50m+ annual revenue (Aged 18+) across the UK, USA, Canada, Germany, France, UAE, Norway, Japan, Australia, Sweden, Denmark and Finland between 06.03.2024 – 27.03.2024.
IFS Press Contacts:MEA& APJ: Adam GillbeCorporate CommunicationsEmail: [email protected] Phone: +44 7775 114 856
USA: Mairi MorganCorporate CommunicationsEmail: [email protected] Phone: +44 7918 607 299
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/ifs/r/management–bought-the-ai-hype–and-expect-value-but-research-shows-lack-of-organizational-readiness,c3965172
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University medical centers in Germany choose Sectra’s radiology solution to streamline workflows and shorten lead times for patients

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LINKÖPING, Sweden, April 23, 2024 /PRNewswire/ — International medical imaging IT and cybersecurity company Sectra (STO: SECT B) has signed two contracts to provide the radiology module of its enterprise imaging solution with two university medical centers in Germany—Universitätsklinikum Tübingen and Universitätsmedizin Göttingen. By implementing Sectra’s radiology solution, the hospitals aim to improve and streamline radiology workflows with Sectra’s tools for enhanced reporting efficiency, in turn speeding up diagnostics.

“When choosing a vendor, we wanted one that could provide us with a stable and fast system. We also wanted one facilitating collaboration among our radiologists. That way we can streamline our radiology workflows and in turn shorten lead times for patients as well as reduce the ever increasing workload for radiologists,” says Dr. Babak Panahi, Managing Senior Physician and Head of CT and CT Intervention, Universitätsmedizin Göttingen.
Universitätsmedizin Göttingen and Universitätsklinikum Tübingen are two university medical centers located in the cities of Göttingen and Tübingen in Germany managing 300,000 and 600,000 radiology exams a year. The two separate contracts for Sectra’s radiology solution were both signed during the third quarter of Sectra’s 2023/2024 fiscal year.
“Radiologists are under a lot of pressure as they are challenged to handle more images and more complex cases with less resources. Having a solution designed to streamline radiology workflows, facilitating reading and reporting of images, is therefore paramount. I am happy and excited to support Universitätsmedizin Göttingen and Universitätsklinikum Tübingen on their journey towards efficient radiology diagnostics,” says Guido Bötticher, Managing Director, Sectra DACH.
The radiology module is part of Sectra’s enterprise imaging solution that provides a unified strategy for all imaging needs while lowering operational costs. The scalable and modular solution, with a VNA at its core, allows healthcare providers to grow from ology to ology and from enterprise to enterprise. Visit Sectra’s website to read more about Sectra and why it’s top-ranked in ‘Best in KLAS’.
About SectraSectra contributes to a healthier and safer society by assisting health systems throughout the world to enhance the efficiency of care, and authorities and defense forces in Europe to protect society’s most sensitive information. The company, founded in 1978, is headquartered in Linköping, Sweden, with direct sales in 19 countries, and distribution partners worldwide. Sales in the 2022/2023 fiscal year totaled SEK 2,351 million. The Sectra share is quoted on the Nasdaq Stockholm exchange. For more information, visit Sectra’s website.
For further information, please contact: Dr. Torbjörn Kronander, CEO and President Sectra  AB, 46 (0) 705 23 52 27Marie Ekström Trägårdh, Executive Vice President Sectra AB and President Sectra Imaging IT Solutions, 46 (0)708 23 56 10
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New CPS Protection Platform: TXOne Networks Unveils SageOne at GISec Global

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TAIPEI, April 23, 2024 /PRNewswire/ — TXOne Networks, a frontrunner in the realm of cyber-physical systems (CPS) security, is set to unveil its groundbreaking CPS security platform, SageOne, at the highly anticipated GISec Global from April 23rd to 25th, 2024. Attendees can find TXOne Networks showcasing SageOne at stand B99 in hall 5. This innovative platform consolidates all CPS security products onto a single, central management platform, promising streamlined operations and optimized threat detection capabilities.

SageOne, aptly named “Wise Man Number One,” serves as a comprehensive management console providing a holistic view of the CPS attack surface within operational technology (OT) environments. By enabling centralized control of TXOne’s three core product lines – Stellar for endpoint protection, Element for security inspection, and Edge for network defense – SageOne facilitates integrated OT security throughout the lifecycle of protected assets, ensuring robust threat detection and response mechanisms.
Key features of SageOne include:
CPS Attack Surface Management: Prioritizing operational security by offering clear visibility into the overall security posture of OT environments, SageOne identifies security focal points, illuminating asset information and security controls.Integrated Lifecycle Protection: Through centralized management, SageOne simplifies cybersecurity governance and fosters collaborative defense. It serves as an abstraction layer, facilitating contextualization and consolidation of data across multiple products, offering tailored, task-oriented consoles for executives, security personnel, and plant leaders.CPS Threat Detection & Response: SageOne aggregates security insights from various solutions to scout for potential risks, enabling early caution and response to both known and unknown threats.SageOne’s foundation rests upon advanced components, including Threat Intelligence, Behavior-Based AI Analytics Engines, Compliance Framework, Data Visualizer, and Ecosystem Integrator, ensuring comprehensive protection and seamless integration of different tools and technologies.
With its focus on analyzing unexpected behavior and unknown threats, SageOne enables the identification of suspicious events through cross-telemetry analysis within the OT-native XDR engine. This amalgamation of advanced technologies and user-friendly interface ensures the protection of critical infrastructures.
For rapid threat response, SageOne issues early warnings of suspicious behavior and orchestrates cross-telemetry analysis for CPS Threat Detection & Response. Integrated Lifecycle Protection ensures the security of devices and systems throughout their service life, contributing to great cost efficiency.
TXOne Networks reaffirms its commitment to CPS security and continuous advancement in OT security through SageOne. Visit TXOne Networks at the GISec Global from April 23rd to 25th, 2024, at stand B99 in hall 5.
For further updates and information, follow TXOne Networks on the blog, Twitter, and LinkedIn.
About TXOne Networks:
TXOne Networks provides OT security products ensuring reliability and security in industrial control systems and operational technology environments through the OT Zero Trust methodology. Collaborating with leading industrial manufacturers and critical infrastructure operators, TXOne Networks offers practical and business-friendly approaches to OT defense. Its network and endpoint-based products secure OT networks and mission-critical devices in real-time with high security depth.
Website: www.txone.com 
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