Around 50% of large and medium enterprises in Mexico are making substantial investments in cloud technology in their bid to become more agile and efficient.

Of those betting on this technology, 30% have allocated part of their IT budget to public clouds, reported El Economista, citing a study by VMWare.

“We are seeing more companies moving loads of information to the cloud,” quoted the paper, citing Jorge Gómez, a senior executive of VMWare. “What we saw last year was that there was a significant increase in investments in cloud.”

Almost 20% of these businesses are moving their IT management services to hybrid, which combines both public and private clouds.

IBM has stated that it had helped Sicoss Group, made up of five organizations dedicated to technology and customer service, migrate its infrastructure to the cloud.

In a survey conducted by research firm IDC, 68% of entrepreneurs in Mexico said that they had already begun investing in cloud platforms or applications.

Thanks largely to the advances in privacy protection and the fight against cybercrime, the country climbed two places on the table, from 15 in 2016 to 13 in 2018.

Cloud computing is “extremely attractive from an economic perspective due to its capability to combine cost saving with increased flexibility to manage the ICT needs of firms,” says the Economic Commission for Latin America and the Caribbean (ECLAC) in a report on the technology in the region.