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Brazilian companies spend 7,6% of monthly revenue on IT

A report by research institution Fundação Getúlio Vargas reveals that, on average, Brazilian companies spend 7,6% of monthly revenue on IT, a rate that increased close to 50% over the last 10 years.

Survey results found in the report's presentation indicate that banking sector invests close to 13,8% of revenue on IT, while the services sector spends 10,8% of monthly revenue.

The full presentation can be found at Eaesp.fgvsp.br.

Published:

Brazilian Market Data