Latin American SMBs to spend $14 bln on IT in 2009

With over half a mln SMB companies in Latin America (companies with 10 to 499 employees), IDC expects this segment to invest more than $10 bln dollars in IT during 2006. This is a considerable proportion of the total IT spending in the region and the leading IT vendors cannot miss the opportunity to expand their presence in such a promising market. For 2009, IDC expects that SMB IT budgets will have grown to almost $14 bln dollars.