Business & Finance
12:02 AM

Construction & Engineering: Tight IT Budgets Target BI For Productivity Increases

While one of the smallest spenders on IT overall, almost half of what is being spent is earmarked for new projects. Sixty percent of the companies in the construction and engineering sector expect to increase their IT spending in 2006. Leading the way in new project spending is the use of BI tools to help boost productivity. The charts below outline the business, technology, and budgeting strategies of the construction and engineering companies selected in the InformationWeek 500.

Budget Breakdown

Tech Innovation

Inside Construction & Engineering
0.8% of Industry's Annual Revenue Devoted to IT
44% of IT Budget Devoted to New Projects
60% of Companies Expecting 2006 IT Spending to Exceed 2005

Business Change
30% Creating New Products/Services for Customers in 2006
20% with Global Supply Chain
40% Deploying Business Intelligence Tools to Raise Productivity

Return to the 2006 InformationWeek 500 homepage

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