Business continuity tops Latin American IT spending

Large Brazilian enterprises will boost IT spending by an average of 6 percent in 2004, mainly targeting business continuity along with network performance improvements. Mexican firms anticipate a smaller 1.5 percent increase over 2003 levels.

This data comes from the Yankee Group's recent IT Spending Latin America Survey, conducted with 200 of the 1,000 largest companies in each of Brazil, Argentina and Mexico. The survey shows the majority of these businesses maintained or increased IT spending in 2003, and most will do so again in 2004.

The survey reveals that enterprises are embracing the migration to IP networks to improve network performance and enhance reliability. Sixty-six percent of the Brazilian enterprises surveyed are partially or completely relying on an IP network. Over the next 12 months, 24 percent of Brazilian companies plan to increase bandwidth to support new applications and convergence. More than 20 percent of the sample for the consumer goods and retail industries report that IP telephony is a key initiative. When selecting IP and other service providers, enterprises are influenced most by service quality and price, with provider brand not as meaningful.

•Date: 3rd February 2004 •Region: S.America •Type: Article •Topic: BC stats
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