BRICS Continue to Invest in Supply Chain Management Software
This compares well with the figure for 2012 over 2011 of 4.2%, which is in line with greater recovery and investment in these countries.The set of Cambashi Market Observatories for technical applications software comprises the Cambashi Product Observatory, the Cambashi Country Observatory and the Cambashi Industry Observatory, which are all updated quarterly. Each covers the global view regionally and provides a country and industry perspective for more than 50 individual countries.According to Cambashi analyst, Simon Hailstone, the latest data for Latin America shows a slowing of growth from 19% in 2011 to 4% in 2013.“In real terms Brazil showed some recovery in 2013 at 11%, particularly in manufacturing sectors, although Mexico slowed to around 6% with construction still weak,” he told SCMR in an interview. “Smaller emerging countries such as Chile and Colombia held up well, around 8% in real terms, primarily due to the construction and mining sectors.”Hailstone noted that compared with emerging countries in other regions, Latin America shows similar underlying trends in this period but with underlying growth still above established markets.“The slowing of growth in the major emerging countries of Russia, India and China has been more pronounced than most Latin American countries,” he said.