Study: BPO firms top data center spending

01.08.2006
Companies categorized under business process outsourcing (BPO) make the largest investments in data centers, according to a recent Frost and Sullivan study.

According to the study, presented by UPS vendor American Power Conversion (APC) in a briefing last week, the IT and IT-enabled services sector accounted for more than 40 percent of data center investments in 2005, followed by manufacturing and telecommunications segments, respectively.

Surprisingly, the banking and financial services industry, is trailing behind but is nonetheless considered by Frost & Sullivan as among key industries that will drive investments in back-end systems.