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Key Technologies Cut SOX Compliance Costs by 25 Percent

Key Technologies Cut SOX Compliance Costs by 25 Percent

by Toby Lucich on June 18, 2005

Technology spending for Sarbanes-Oxley (SOX) compliance is expected to reach $1.713 billion, according to recent reports by AMR Research. This marks a 52 percent increase from the $1.13 billion in 2004, and a 1,000-plus percent increase from the $100 million spent in 2003. Moreover, nine out of ten companies surveyed by AMR expect to spend an equal, or higher, amount of money on SOX initiatives this year compared to 2004.

Key Technologies Cut SOX Compliance Costs by 25 Percent

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