‘ Optimistic ’ outlook for LATAM cloud technology
Survey responses show silver linings for the adoption of cloud tech .
Survey respondents in South America have an optimistic outlook on cloud technology in their region , according to Genetec ’ s State of Physical Security
2024 report .
The report represents findings from Genetec ’ s survey of physical security professionals from August – September 2023 .
The greatest variance was often in the three LATAM American regions Mexico , Central America and the Caribbean and South America .
A higher percentage of channel partners ( 83 %) expect an increase in the adoption of cloud-connected security systems in 2024 – exceeding the global average ( 72 %).
As for end-users , a lower percentage indicated that over 25 % of their organization ’ s physical security environment is cloud or hybrid cloud ( 29 %) than globally ( 44 %).
Channel partners are particularly concerned about staffing challenges , with 83 % expecting this issue to rise , compared to the global average of 70 %.
Fewer end-users in South America ( 30 %) faced project delays due to supply chain problems in 2023 compared to the global average ( 42 %).
On the other hand , more channel partners in South America ( 51 %) expect prices to drop as supply chain issues improve in 2024 – while globally , fewer than 39 % indicated the same .
Channel partners are particularly concerned about staffing challenges , with 83 % expecting this issue to rise , compared to the global average of 70 %.
Only 15 % of end-users reported higher 2023 budgets – than the global average of 29 %.
Project delays are mainly due to economic ( 70 %) and political ( 36 %) uncertainties – higher than the global averages ( 57 % and 25 %, respectively ).
Also , economic uncertainties and inflation are perceived as potential culprits for project delays in 2024 – with 59 % of channel partners in South America expressing concern , compared to the global average of 48 %.
The report shows South America takes cybersecurity seriously .
Surprisingly , though , only 35 % of end-users identified hardening security infrastructure as a specific approach taken by their organizations – in contrast to the global average of 47 %.
South America
Survey respondents in South America have an optimistic outlook on cloud technology in their region .
A higher percentage of channel partners ( 83 %) expect an increase in the adoption of cloud-connected security systems in 2024 , exceeding the global average ( 72 %).
28 www . intelligenttechchannels . com / latam