IT spending by Brazilian utility companies to increase by 14% in 2006

Fact recorded on: April 12, 2006. Categories: Power & Energy.

Within Brazil’s utilities sector, many companies plan to increase their budgets for technology acquisition in 2006. These spending expectations are 14% higher than in 2005. The sector accounted for 3.8% of the total information technology spending in the country in 2005, IDC found.

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