DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/07ea7d/colombia_informati) has announced the addition of the "Colombia Information Technology Report Q3 2011" report to their offering.
Colombian IT spending is projected to grow at a CAGR of 11% during 2011-2015 driven by government ICT initiatives, and improving infrastructure. The consumer-driven economic boom of recent years may have come to an end, but rising incomes and greater computer affordability will result in more spending on IT products and services.
The government's Vive Digital ICT development plan should help to underpin IT market expansion over the forecast period. More opportunities are likely in the transport, construction and financial services sectors, which are expected to grow robustly. Cloud computing remains a niche but interest is growing. The government sees increased information and communication technology (ICT) spending as a key means to advance its central strategic goal of helping the country reintegrate disaffected groups. Per capita IT spend is projected to rise by 45% from US$55 in 2011 to US$81 by 2015, while PC penetration has exceeded government targets and could pass 20% in our 2011-2015 forecast period.
Industry Developments
In October 2010 the Colombian government launched a new ICT policy, named Vive Digital ICT, which is intended to drive Colombia's IT development over the next four years. The main elements of the plan are initiatives to broaden internet access and to develop the country's digital infrastructure. The government will set up a technology board, led by the president, to guide the plan. Of direct interest to IT vendors are proposals under the Services component to make connection devices more affordable to the public by eliminating customs tariffs, and by making access to credit for the purchase of such terminals more flexible.
The Colombian government is reportedly considering the introduction of a tax reduction for software companies. In April 2011, ICT minister Diego Molano Vega said that the the ministry was in discussions with Colombian tax agency DIAN on ways to implement the proposal. According to reports, the government is considering a reducing the tax to 3.5% from the current 11%.
Companies Mentioned:
- IBM (Colombia)
- Dell (Colombia)
- HP (Colombia)
For more information visit http://www.researchandmarkets.com/research/07ea7d/colombia_informati