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Information Technology Services Market Size In Latin America is set to grow by USD 48.43 billion from 2024-2028, Rising focus on core competencies and improving efficiency to boost the market growth, Technavio

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NEW YORK, Aug. 6, 2024 /PRNewswire/ — The information technology services market size in Latin America is estimated to grow by USD 48.43 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.09% during the forecast period. Rising focus on core competencies and improving efficiency is driving market growth, with a trend towards emergence of ai in information management. However, lack of quality standards in slas poses a challenge. Key market players include Accenture Plc, Alphabet Inc., Amazon.com Inc., Atos SE, Capgemini Service SAS, Cisco Systems Inc., Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., Ernst and Young Global Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., KPMG International Ltd., Microsoft Corp., Oracle Corp., PricewaterhouseCoopers LLP, Salesforce Inc., SAP SE, SONDA S.A., and Tata Consultancy Services Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Type (Project oriented service, Enterprise cloud computing service, IT outsourcing service, and IT support and training service), Deployment (Hosted service and Managed service), and Geography (Latin America)

Region Covered

Latin America

Key companies profiled

Accenture Plc, Alphabet Inc., Amazon.com Inc., Atos SE, Capgemini Service SAS, Cisco Systems Inc., Dell Technologies Inc., Deloitte Touche Tohmatsu Ltd., Ernst and Young Global Ltd., HCL Technologies Ltd., Hewlett Packard Enterprise Co., International Business Machines Corp., KPMG International Ltd., Microsoft Corp., Oracle Corp., PricewaterhouseCoopers LLP, Salesforce Inc., SAP SE, SONDA S.A., and Tata Consultancy Services Ltd.

 

Key Market Trends Fueling Growth

Several enterprises worldwide are integrating Artificial Intelligence (AI) into their information technology services to automate processes and enhance efficiency. This technology helps reduce the time spent on paperwork by half of the workforce, thereby increasing return on investment and decreasing costs. AI also brings structure to unstructured data, making it easier to find information, streamlines processes, and enhances information security. These benefits are expected to boost the growth of information technology services in Latin America, making vendors more efficient and competitive in the market. Integrating AI in information services also improves data quality and categorizes and tags information for easy access in the future. These advantages are significant trends driving the growth of the information technology services market in Latin America. 

The Information Technology Services (ITS) market in Latin America is witnessing significant trends. Key verticals like Telecommunication, Healthcare, Manufacturing, and the Finance industry are adopting IT services at an accelerated pace. Firms are exploring both on-premises deployment and cloud-based offerings, with cloud services gaining popularity due to their scalability and cost-effectiveness. However, variables such as lack of standardization, IT service performance, and security breaches pose challenges. Large Enterprises are focusing on feasibility and success rate of IT solutions, while addressing data security concerns and regulatory requirements through managed services, system integration, and consulting. Technology advancements like AI, Machine Learning (ML), IoT, Robotics, and Software-as-a-service are transforming the ITS landscape. Firms are investing in 5G, Blockchain, Augmented Reality, and Artificial Intelligence to improve efficiency and productivity. The International Trade Administration emphasizes the importance of cybersecurity solutions to mitigate risks from cyberattacks. IT infrastructure services, software robots, and Robotic Process Automation are also gaining traction. The feasibility of on-premise and cloud-based solutions will continue to be a topic of debate as firms navigate the complexities of the ITS market. 

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Market Challenges

An Service Level Agreement (SLA) is a contract between an information technology service provider and an end-user, outlining the expected levels of service delivery. SLAs are output-focused and define the benefits and support the customer receives. However, they do not detail the full scope of services. End-users often lack SLA negotiation experience, leading to misunderstandings. Service providers must be transparent about SLAs to increase adoption. SLAs should include uptime, downtime, and outage frequency statistics. End-users must monitor their IT systems’ efficiency to evaluate service effectiveness. Lack of standardized SLAs may hinder the growth of Latin America’s information technology services market.The Information Technology Services Market in Latin America is experiencing significant growth, driven by the adoption of software-as-a-service and cloud-based offerings. IT services, IT infrastructure, and security solutions are in high demand, especially in sectors like finance and international trade. However, challenges such as data breaches require robust security solutions. Technological developments like 5G, blockchain, augmented reality, artificial intelligence, IT infrastructure services, software robots, and robotic process automation are transforming businesses. The professional services sector, remote working, and business plans are also leveraging these technologies. Economic expansion brings opportunities but also potential problems like resource wastage and IT costs. Precise forecasting and business intelligence (BI) tools help save costs through consumption-based pricing models and cloud-based deployments. Scalability and automatic updates are essential for businesses to stay competitive. IT specialists play a crucial role in operations, and talent recruiting and skill sets are key business strategies.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

This information technology services market in Latin America report extensively covers market segmentation by

Type 1.1 Project oriented service1.2 Enterprise cloud computing service1.3 IT outsourcing service1.4 IT support and training serviceDeployment 2.1 Hosted service2.2 Managed serviceGeography 3.1 Latin America

1.1 Project oriented service- In Latin America, the Information Technology Services Market encompasses project-oriented offerings such as system integration, information technology consulting, and application development services. System integration involves project planning, management, and detailed design and implementation of application programming interfaces, along with system deployment services like installation, interoperability testing, and other related tasks. Consulting services offer advisory assistance for businesses to enhance operational performance and technology strategies, focusing on areas like e-commerce, telecommunications, hardware system design, software development, and website design. Vendors like Cognizant in Argentina and Deloitte in Brazil provide these services, with Cognizant offering application development and value management, and Deloitte delivering innovation-driven consulting and technology strategy solutions. This market growth is attributed to the increasing demand for digital transformation and modernization initiatives among Latin American enterprises.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022) – Download a Sample Report

Research Analysis

The Information Technology Services market in Latin America is experiencing significant growth, driven by the adoption of advanced technologies such as Software-as-a-Service (SaaS), Cloud-based offerings, and IT infrastructure services. The region’s economic expansion is fueling the demand for IT services, including IT infrastructure services, Infrastructure-as-a-Service (IaaS), and Platform-as-a-Service (PaaS). Cloud services are becoming increasingly popular due to their scalability, automatic updates, and consumption-based pricing models. The finance industry is a major vertical driving the adoption of IT services, with a focus on security solutions, including data breach prevention and artificial intelligence-based threat detection. Technologies such as 5G, Blockchain, Augmented Reality, and Robotic Process Automation (RPA) are also gaining traction in the region. RPA, in particular, is being used to automate repetitive tasks and reduce IT costs. The International Trade Administration is playing a key role in promoting IT services exports from Latin America. The implementation of 5G networks and the increasing use of IT clusters are expected to further boost the market’s growth. IT infrastructure, including hardware and software, is also a significant component of the market, with a focus on cloud-based deployments and the integration of emerging technologies such as AI and blockchain. Overall, the Latin American IT services market is poised for continued growth, driven by the region’s economic expansion and the adoption of advanced technologies.

Market Research Overview

The Information Technology Services Market in Latin America is experiencing significant growth, driven by technological developments and the increasing adoption of IT infrastructure services, Software-as-a-Service (SaaS), and Cloud-based offerings. Businesses are seeking to improve their operations, reduce IT costs, and take advantage of scalability, automatic updates, and consumption-based pricing models. Sectors like Finance, Telecommunication, Healthcare, Manufacturing, and IoT are leading the way in IT infrastructure services, with a focus on Resource management, Talent recruiting, and Business strategies. The adoption of 5G, Blockchain, Augmented Reality, Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA) is also on the rise. However, there are potential problems, including data breaches, security solutions, regulatory requirements, and a lack of standardization. Firms must ensure IT service performance and address variables such as economic expansion, skill sets, and resources. The International Trade Administration is playing a role in facilitating business plans and IT service trade, while IT clusters are emerging as hubs for innovation and collaboration. The Professional services sector is also adopting managed services, system integration, consulting, and training and education to stay competitive. Remote working is becoming more common, and firms must adapt to this new reality while maintaining security and ensuring IT costs remain under control. Precise forecasting and Business Intelligence (BI) are essential for making informed decisions and identifying cost-saving opportunities. IT specialists and Operations teams must be prepared for the challenges and opportunities presented by technological advancements, including Cloud services, Data storing capacity, On-premises deployment, and the feasibility of new technologies like AI, ML, and Robotics.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TypeProject Oriented ServiceEnterprise Cloud Computing ServiceIT Outsourcing ServiceIT Support And Training ServiceDeploymentHosted ServiceManaged ServiceGeographyLatin America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Intesa Communications Group Named ‘Customers First’ Winner in San Diego Regional Chamber of Commerce 2026 Small Business Awards

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The award-winning, women-owned San Diego public relations and government affairs firm was recognized for exceptional client service that has fueled 14 years of growth

SAN DIEGO, July 21, 2026 /PRNewswire/ — Intesa Communications Group, a leading San Diego public relations and government affairs firm, has been named the “Customers First” winner in the San Diego Regional Chamber of Commerce’s 2026 Small Business Awards. Announced July 9 at the Chamber’s annual Small Business Awards event, the recognition honors the small business whose commitment to customer service most clearly sets it apart from the competition.

Founded in 2012, the certified women-owned San Diego firm has grown from a boutique agency into one of the region’s leading public relations and government affairs firms. Intesa has doubled its team over the past two years, sustained three consecutive years of double-digit revenue growth and expanded its client portfolio by 26% last year. Intesa provides public relations, strategic communications, and government affairs services for a wide range of organizations, including San Diego State University, SeaWorld San Diego, Expedia Group, H.G. Fenton Company, San Diego Foundation, San Diego Workforce Partnership, and SBCS.

“This award belongs to every member of our team and to the clients who trust us with their most valuable asset: their reputation,” said Margie Newman Tsay, founding partner of Intesa Communications Group. “Our clients stay with us for years because we show up prepared, fully invested and ready for the moments that matter most. Being recognized for putting customers first is the highest compliment our business community can pay us.”

Intesa’s client-first approach has produced measurable results across public relations and government affairs efforts throughout the region. For example, in its first month working with the Jacobs & Cushman San Diego Food Bank, the firm helped reimagine the organization’s summer food drive messaging, generating more than 15 million impressions and helping deliver 489,026 pounds of food and $344,505 in donations — the equivalent of more than one million meals and a 175% increase from the previous year. Similarly, Logan Heights Community Development Corporation credits the firm with an 81:1 return on investment after Intesa parachuted in to help the nonprofit promote the California Mortgage Relief Program.

“Small businesses are the heart of our economy: fueling innovation, creating jobs and defining the character of communities across the San Diego region,” said Chris Cate, president and CEO of the Chamber. “We celebrate the resilience, ingenuity and community impact of our small business leaders. They are the very spirit behind our purpose to champion business and empower leaders.”

The Chamber award is as much a reflection of Intesa’s clients as it is the firm itself. The opportunity to partner with organizations doing meaningful work across the region is what makes recognition like this possible. True to form, the Intesa team plans to mark the win by thanking the clients behind the work.

“We call ourselves dot connectors, and this award is what that looks like in practice,” said Maddy Kilkenny, partner at Intesa Communications Group, who leads the firm’s government affairs practice. “Whether our team of 10 people is helping a client navigate a policy decision at City Hall or a story on the front page of the newspaper, we aim to leave them stronger and more confident than before. Hearing our clients say we deliver on that is the best win of all.”

According to the Chamber’s award requirements, businesses with 100 or fewer employees were eligible for nomination. They were voted on by a panel of chamber members, who reviewed the nominations and selected the winners of all four categories.

The recognition adds to more than 60 awards Intesa has earned for excellence in public relations, strategic communications, and public affairs, including honors from PR News, the Public Relations Society of America, PR Daily, the International Association of Business Communicators, the San Diego Business Journal (SDBJ), MARCOM, and the American Marketing Association, among others. It also comes on the heels of two Intesa team members, Emily Alvarenga and Margaret Lutz Chantung, recently receiving SDBJ’s “40 Under 40” and “Indispensable” awards, respectively.

For more information about Intesa Communications Group, visit www.intesacom.com.

About Intesa Communications Group
Intesa Communications Group is a certified women-owned San Diego public relations and government affairs firm that helps leaders communicate and advocate with confidence. Since 2012, Intesa has partnered with the region’s trusted leaders and organizations, providing strategic communications and public affairs counsel on high-stakes issues at the intersection of reputation, policy and public perception. The firm’s work has earned more than 60 industry awards across 53 recognized client campaigns, including the San Diego Regional Chamber of Commerce “Customers First” 2026 award. Learn more at www.intesacom.com.

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The Inner Circle acknowledges Shankari Thiagarajan as Pinnacle Professional of The Year

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HOUSTON, July 21, 2026 /PRNewswire/ — Prominently featured in The Inner Circle, Shankari Thiagarajan is acknowledged as a Pinnacle Professional of The Year for her contributions to Information Technology and Agile Delivery.     

Shankari Thiagarajan has established a distinguished career in information technology project and program management, recognized for her expertise in agile delivery, digital transformation, and cross functional leadership across multiple industries. Currently serving as project manager and scrum master at Astellas Pharma Inc., she oversees agile delivery initiatives supporting global life science programs.

With more than 15 years of experience spanning technology and pharmaceutical sectors, Ms. Thiagarajan has developed a reputation for leading complex implementations and driving operational efficiency. Her expertise includes agile methodologies, project and delivery management, product ownership, healthcare IT, telecom and network optimization, financial services modernization, retail technology upgrades, and GIS and digital mapping solutions.

Ms. Thiagarajan earned a Master of Business Administration in Organizational Leadership from Campbellsville University, a Master of Science in Information Systems from Virginia Tech, and a Bachelor of Engineering in Information Technology from Jawaharlal Nehru Technological University College of Engineering Hyderabad.

Throughout her career, she has contributed to major organizations across a wide range of industries. Her accomplishments include leading agile transformations at Cigna, overseeing retail technology upgrades at Walmart, managing large scale telecom transformation initiatives at T Mobile and Verizon, and modernizing financial platforms at Security Finance. She also contributed to the early development of Google Maps during her tenure at Google India, advancing to team lead within a year.

In addition to her corporate achievements, Ms. Thiagarajan is the creator of the YouTube channel My Experiments with Life – #Positivity #Learning, launched in 2023. Through this platform, she shares motivational content and insights focused on personal growth, technology, spirituality, and lifelong learning.

Her professional accomplishments have been recognized through honors including Marquis Who’s Who 2026, a featured podcast interview with Jim Masters on Close Up TV hosted across Apple Radio, Spotify, and iHeart., recognition in The National Law Review & EIN Presswire, and a certificate of appreciation from Virginia Tech for academic excellence and community involvement.

Outside of her professional work, Ms. Thiagarajan enjoys creating motivational YouTube content, exploring technology and spirituality, listening to contemporary music, and pursuing philanthropic and educational interests. She credits her strong work ethic and determination to the example set by her parents.

Looking ahead, she plans to continue advancing her leadership capabilities and pursue executive level opportunities that allow her to make significant contributions within the information technology sector.

Guided by a philosophy rooted in courage, persistence, and continuous learning, Ms. Thiagarajan remains committed to professional growth while inspiring others to pursue excellence and self-improvement.

Contact: Katherine Green, 516-825-5634, editorialteam@continentalwhoswho.com

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SOURCE The Inner Circle

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University of Phoenix Leaders Present at Building Blackboard Together 2026

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Presentations explored learning technology, accessibility and online pedagogy as higher education adapts to an AI-enabled future

PHOENIX, July 21, 2026 /PRNewswire/ — University of Phoenix leaders shared insights on artificial intelligence, accessibility, online learning and student support at Building Blackboard Together 2026, Blackboard’s flagship user conference, held July 13-15 in Dallas, Texas. The conference brought together educators, institutional leaders and industry experts to explore innovations, technologies and emerging practices shaping the future of teaching and learning.

Representing University of Phoenix were Marc Booker, Ph.D., vice provost of strategy; Kelly Hermann, vice president of Accessibility and Student Affairs; and Erin Amsden, group product manager. Through presentations and panel discussions, the leaders shared perspectives on responsible AI adoption, accessibility leadership, student engagement and the evolving role of learning technologies in supporting institutional goals and student success.

“Building Blackboard Together provides an opportunity to engage with peers across higher education who are navigating many of the same opportunities and challenges around technology, accessibility and learning mobility,” said Dr. Booker. “These conversations help advance practical approaches for supporting learners while thoughtfully integrating innovation into the educational experience.”

During the conference, University of Phoenix was also recognized with the 2026 Blackboard Catalyst Award for Ethical AI Leadership, which honors institutions advancing responsible, transparent and inclusive approaches to artificial intelligence that promote trust and equitable outcomes for learners and educators. The recognition follows the University’s ongoing efforts to support AI literacy, responsible use and AI-enabled learning experiences.

Exploring the Expanding Role of the Learning Management System

As part of the Strategic Leadership Summit, Booker served as a panelist for “The LMS as Mission-Critical: Connecting Learning, Experience & Evidence.” The session examined how learning management systems are evolving beyond course management to support learning, engagement and institutional insight across the student lifecycle.

Panelists discussed how institutions are leveraging learning technologies alongside student information systems to support teaching and learning, advising, co-curricular engagement and data-informed decision-making while addressing increasing expectations surrounding artificial intelligence, student success and accountability.

Sharing Lessons from AI-Powered Student Support

Booker also presented “Scaling AI-Powered Support Across the Student Experience at University of Phoenix,” a session focused on the University’s process for expanding its AI support assistant across the online classroom environment, moving from proof of concept to full-scale deployment over a six-month period.

In addition, Booker participated in “Online Pedagogy to Drive Institutional Growth: Best Practices and Success Stories,” a panel discussion exploring how institutions are designing engaging online learning experiences and leveraging Blackboard technologies to support quality course delivery and student engagement.

Advancing Accessibility Leadership

Hermann joined the session “Communicating Up: Turning Accessibility Work into Leadership-Ready Stories.” The presentation focused on strategies for translating accessibility initiatives into narratives, evidence and visualizations that resonate with institutional leaders.

The discussion explored ways to connect accessibility efforts to broader institutional priorities, demonstrate impact through data and support informed decision-making that advances accessibility and learner success.

Examining Emerging Challenges in Artificial Intelligence

Amsden served as a panelist for “Agentic AI in Pedagogy: Threats and Opportunities.” The session addressed the growing influence of agentic AI and its implications for academic integrity, assessment design and learner engagement.

Panelists explored how technology, pedagogy and security practices can work together to promote authentic student work while helping institutions balance innovation with responsible AI implementation.

Contributing to the Future of Teaching and Learning

Amsden, Booker and Hermann are key members of University of Phoenix’s dynamic leadership team, frequently invited to share their expertise at prestigious national conferences and events. In 2026, University leaders will participate in the ASU + GSV Summit, 1EdTech Learning Impact Conference, SXSW EDU Conference, and PESC Data Summit. These engagements underscore the University’s commitment to innovation and thought leadership in higher education, providing valuable insights and fostering collaborations that drive the future of learning.

About University of Phoenix

University of Phoenix is Built for Real Life. 50 Years Strong. The University innovates to help working adults enhance their careers and develop skills in a rapidly changing world through flexible online learning, relevant courses, academic AI pillars, and skills-mapped curriculum for associate, bachelor’s and master’s degree programs. Active students and alumni have access to Career Services for Life® resources including career guidance and tools. For more information, visit phoenix.edu.

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