Companies will spend $6 billion on complying with Sarbanes-Oxley Act (SOX) requirements in 2006, on par with the $6.1 billion that will be spent in 2005, estimates AMR Research.
Consumer durables giant LG Electronics India Ltd (LGEIL) expects to reduce overhead costs by at least $3.5 million annually now that its Oracle Enterprise Resource Planning 'E-Business Suite' implementation is compete.