New Market Study, "Peru Information Technology Report Q1 2014", Has Been Published
The Peruvian government has been looking for ways to reduce its dependence on natural resources and believes a focus on the ICT industry could facilitate this move. During the quarter, this transpired in the launch of StartUp Peru, a US$18mn project to promote IT entrepreneurship in the country. This bodes well for local companies in Peru, as it is international firms which dominate the landscape. We believe Peru's IT market will perform strongly over the medium term due to a...
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