Consultancy firm Pierre Audoin Consultants (PAC) reviewed negatively their estimations on IT general and soft spending in Romania.

According to the company , in 2004, there was a 110 million euro spending approved for 2007 spending on IT project services in the Romanian public sector. The current forecast is a maximum of 75 million euro.

The consultancy firm argues that the public sector, instead of helping the IT sector flourish, acts as a barrier to IT development in Romania. Central and local administration waste almost a third of the IT projects funds supposed to make the IT market prosper.

Pierre Audoin Consultants was founded in 1976 in Paris and was the first European company to give strategic consultancy in the IT field.

It covers 20 European markets. Its Bucharest office was open in 1999 and covers mainly the Eastern and Central European markets.