Brazil Property News: Gartner: Brazil leads the way as ICT becomes a borderless state




15th May 2008 04:14


Brazil is a leader of emerging markets investing in the information and communications technology (ICT) industry, one analyst has said.

Gartner has revealed that ICT will be a "borderless state" by 2015 and emerging markets will spend twice the percentage of GDP on IT investments compared to mature markets through to 2011.

The analyst predicts that organisations, including governments, will increasingly source their ICT from around the world, disregarding the country of origin of the vendor supplying the solution.

People considering buying property in Brazil could be interested to hear that the Latin American nation is a leader among emerging markets.

Partha Iyengar, the firm's vice president, said that the power of Brazil and the other BRIC (Russia, India and China) nations in the global IT industry is becoming more pronounced.

Meanwhile, people considering buying property in Brazil could also be interested to hear that the country's broadband infrastructure is one of the best in its region.

The recently released Research and Markets report revealed the region had a compound annual growth rate of more than half (54 per cent).

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