EdgeUno, managed cloud service provider and turnkey infrastructure deployment company, announced that the company is expanding into three countries: Brazil, Chile and Argentina. In total, the company is opening four data centers in these three countries.
The new data centers will be located in Rio de Janeiro (Brazil), Sao Paolo (Brazil), Buenos Aires (Argentina) and Santiago (Chile).
EdgeUno’s data centers will assist companies looking to expand into the Latin American market by providing access to the region through bare-metal hosting options. These hosting options offer high availability and ultra-low latency.
“We are positioned very strongly to enable our customers,” says EdgeUno CEO Mehmet Akcin. “In a region like Latin America, knowledge and understanding of the process is extremely vital for success and having a partner like us will help businesses go to market painlessly. Because we are there on the ground and source everything in-country, we can go live faster and respond quickly if the hardware needs to be replaced.”
With multiple data centers throughout the region, EdgeUno can provide low-latency cloud computing as well as bare-metal hosting services which are ideal for streaming, content delivery and online gaming. Thanks to these data centers, users in the region are able to access large files faster and more reliably.
Once the data centers go online, Akcin says companies will be able to “grow their elastic cloud and edge computing platforms horizontally and vertically.”
EdgeUno was founded in Silicon Valley by former executives of Microsoft, Yahoo! and Equinix. The company entered the market in 2018 with the acquisition of TeleCorp Columbia.
EdgeUno’s success highlights the growth of cloud computing services, particularly the public cloud sector. Public cloud revenue is expected to reach $500 billion in 2023.
More companies are expected to adopt cloud computing as more organizations focus on hybrid IT strategies.
Globally, spending on public cloud services and infrastructure is expected to more than double between 2019 and 2023. A five-year CAGR of 22.3% would mean that public cloud spending will grow from $229 billion this year to more than $500 billion in 2023.
Infrastructure as a service, or IaaS, is the second-largest category of public cloud spending. Comprised of services and storage devices, IaaS spending will also be the fastest-growing category of cloud spending and is projected to have a five-year CAGR of 32%. IaaS spending accounts for more than 40% of public cloud spending by the professional services industry.