Green: "Involvement in Emerging Markets Vital for Growth"
Last week's G20 summit may have done little to quell the divisions between the emerging and advanced countries with many column inches devoted to "the currency wars" and the suspicion that many countries are using devaluation as a form of protectionism. However, it's clear for the business world that plenty of expansion opportunities still exist for companies eager to benefit from the economic growth in the emerging markets when compared to the stagnant or limited growth in the developed world.
For companies who focus on bringing together executives from the different emerging markets with the aim of improving international co-operation, it appears that times are good.
Spencer Green [http://www.hrmreport.com/news/involvement-in-emerging-markets-vital-for-growth/], Chairman of global media and events company GDS International, is tremendously excited about what this opportunity will mean for his company.
"Developing the business to business environment in key markets like Latin America, China, Africa and the Middle East has been a core focus for GDS for many years and we have had a significant impact in bringing new business to high growth regions," says Spencer. "The continuing shift in economic power to the emerging markets means that we have plenty of exciting years of growth ahead of us, with plenty of untapped industries and regions. "
Global executives are continuously looking to develop stronger business relationships throughout new emerging markets, especially where spending is on the up. Statistics have shown that IT spending alone has increased five percent in Latin America in 2010, versus marginal or flat growth in the more developed markets of Europe and North America.
"We are traditionally strong in the IT sector," says Spencer, "and that is certainly helping us now."
GDS International has developed one of the most successful IT business-to-business summits in the region, the CIO Latin America Summit. The Summit offers companies the opportunity to meet one-to-one with CIOs and other business leaders from a selection of the Fortune 500 Latin American companies.
"It is clear from our impressive results in hosting summits in this region that Latin America is set for substantial growth in the next decade, especially in a number of our key industry markets such as IT, Healthcare, Oil and Gas, Mining and Infrastructure. Our existing clients are delighted that we are looking to expand our Latin America operations, with potential new offices opening up in Brazil in early 2011."
For companies who focus on bringing together executives from the different emerging markets with the aim of improving international co-operation, it appears that times are good.
Spencer Green [http://www.hrmreport.com/news/involvement-in-emerging-markets-vital-for-growth/], Chairman of global media and events company GDS International, is tremendously excited about what this opportunity will mean for his company.
"Developing the business to business environment in key markets like Latin America, China, Africa and the Middle East has been a core focus for GDS for many years and we have had a significant impact in bringing new business to high growth regions," says Spencer. "The continuing shift in economic power to the emerging markets means that we have plenty of exciting years of growth ahead of us, with plenty of untapped industries and regions. "
Global executives are continuously looking to develop stronger business relationships throughout new emerging markets, especially where spending is on the up. Statistics have shown that IT spending alone has increased five percent in Latin America in 2010, versus marginal or flat growth in the more developed markets of Europe and North America.
"We are traditionally strong in the IT sector," says Spencer, "and that is certainly helping us now."
GDS International has developed one of the most successful IT business-to-business summits in the region, the CIO Latin America Summit. The Summit offers companies the opportunity to meet one-to-one with CIOs and other business leaders from a selection of the Fortune 500 Latin American companies.
"It is clear from our impressive results in hosting summits in this region that Latin America is set for substantial growth in the next decade, especially in a number of our key industry markets such as IT, Healthcare, Oil and Gas, Mining and Infrastructure. Our existing clients are delighted that we are looking to expand our Latin America operations, with potential new offices opening up in Brazil in early 2011."