Management at a leading multinational automotive retail and services firm have announced that German automaker BMW intends to lead the charge in relation to the ‘electrification' of cars in Latin America. Marco Garcia, Managing Director of Inchcape Chile made the announcement and outlined the vision of some of the other high-profile brands - his organization represent in South America

The Argentinian capital city of Buenos Aires has been named as the 'smartest city' in Latin America. The city has been recognized for its progressive digital innovation initiatives, sustainable policies and technology advancements - which has inevitably resulted in the city establishing itself as the leading 'smart city' on the continent.

The cybersecurity market in Latin America has been projected to almost double in size. Analysts have predicted that the sector which was estimated at $6.19bn will grow to $13.49bn by 2022.

The Mayor of Panama has declared his pride that the capital of Panama is Latin America's first 'smart city'. The global movement towards smart cities has been described as a phenomenon and South America has been slower than other continents in terms of embracing such a transformation. Cities all over the world are evolving as leaders attempt to shape a city that ultimately improves the lives of its residents.

Motorola was the fastest growing smartphone brand in South America in Q2 2017, according to the latest research from Counterpoint’s Market Monitor service, while Samsung rose to a healthy and highest ever 41 percent marketshare. Smartphone shipments in the region grew 9 percent annually during Q2 (April-June) driven by improved macroeconomic climate, LTE rollout and open channel growth in some markets.

South American cities are seeking investment capital for $9.5 billion in order to help them develop and construct 'smart water' infrastructure projects across the continent.

Telecommunication organizations in Latin America are devising strategies aimed at implementing structures which can enable them to monetize 'Big Data'. Many are currently involved in developing and deploying 'Big Data' solutions. However, monetizing these efforts remains a challenge for telco's in South America.

Spanish telecom giant Telefónica and Huawei have announced the opening of an Open IoT Lab to work on the development of products and applications related to Narrowband IoT (NB-IoT) technology.

A US online media corporation that is specifically designed for moviegoers has announced exciting expansion plans for Latin America. Fandango, which is the leading digital network globally for film enthusiasts has decided to switch its focus towards South America - and has unveiled a new global brand strategy for the continent.