Thursday, March 17, 2005

Compliance Spending Big Picture

Learn how much companies will spend on compliance in 2005, and what role IT is playing; companies still getting by on existing investments.

Companies will spend about $15.5 billion on compliance this year, according to recent research from AMR.
Sarbanes-Oxley (SOX) is drawing the lion's share of spending, at around 40 percent. Next comes HIPAA (24 percent), SEC compliance 98 percent), and FDA compliance (7 percent). The remaining 21 percent falls in the "other" category (including Basel II and the TREAD Act).

See full Article.