Investment in Technology Expected to Increase 7.1% This Year in Brazil, Says IDC

Cyber security is at the top of the priority list among investments in technology for 61% of the 75 Brazilian companies surveyed this year - 11 points above 2019.

RIO DE JANEIRO, BRAZIL - Spending on technology and telecommunications in Brazil should rise 7.1% this year, totaling US$64.4 billion, said International Data Corporation (IDC) Brasil consultancy on Thursday, February 4th.

Cyber security is at the top of the priority list among investments in technology for 61% of the 75 Brazilian companies surveyed this year - 11 points above 2019.

Spending on software and security equipment will total US$900 million in 2021, a 12,5% increase over 2019. Cloud security offers should represent 23% of security investments, according to IDC.

Data analysis technologies, including artificial intelligence and machine . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?