Analysis: Why Do Big Tech Companies Invest in Chile and Not Argentina?

Multinationals do not invest in Argentina for the same reason that many companies are leaving. Argentina is a complicated country. In contrast, the main complication in Chile is the seismic issue.

RIO DE JANEIRO, BRAZIL - This week, the digital services and software company Google announced the expansion of its cloud computing services in Chile. Cloud Computing refers to the provision of computing services through the internet (the cloud); It includes servers, storage, databases, networks, software, analytics and intelligence.

The American multinational is seeking to expand its market share as a cloud infrastructure provider. According to Canalys, Google occupies 6% of the market while its competitors, Microsoft Azure and Amazon Web Services, account for 20 and 31% respectively.

This is not the first million-dollar investment that has been announced in the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?