Hospitality & Travel: A Year In Review - InformationWeek
IoT
IoT
News
News
9/19/2002
10:15 PM
50%
50%
RELATED EVENTS
Dun & Bradstreet CAO Discusses Her Roll & The Skills Needed to Do the Job
Jul 26, 2017
LWhat does a chief analytics officer do each day? To help us answer that question we welcome Dun & ...Read More>>

Hospitality & Travel:
A Year In Review

How are companies that InformationWeek considers as IT innovators changing to stay competitive? Examine year-over-year shifts in business-technology practices and priorities in this InformationWeek 500 2002 and 2001 comparison.

IN A NUTSHELL
INSIDE COMPANIES
Average portion of revenue spent on IT
3%
Companies providing customized solutions to customers
43%
Companies seeking IT patents, trademarks, or copyrights
24%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases
14%
Services or outsourcing
10%
Research and development
5%
Salaries and benefits
37%
Applications
23%
Everything else
11%
INDUSTRY FINANCIALS
Average year-over-year revenue change
-97.5%
Average year-over-year net income change
-14.2%
DATA: InformationWeek research

2001 SnapShot 500/Hospitality & Travel
Inside companies
Average portion of revenue spent on IT 3%
Portion of IT organizations that sell services or IT products to other companies 41%
Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 82%
Senior IT executive is a member of executive management committee 94%
Average portion of customers included in electronic supply chain 28%
How companies divide their IT budgets
New product and technology purchases 18%
IT consulting and outsourcing 11%
Research and development 4%
Salaries and benefits 35%
Applications 22%
Everything else 10%
How often companies re-examine their IT spending plans
Daily 6%
Weekly -
Monthly 41%
Quarterly 41%
Twice a year -
Annually 12%
DATA: INFORMATIONWEEK RESEARCH

Return to: I.T. Lets Companies Say 'Be Our Guest'

Return to the 2002 InformationWeek 500 homepage

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
IT Strategies to Conquer the Cloud
Chances are your organization is adopting cloud computing in one way or another -- or in multiple ways. Understanding the skills you need and how cloud affects IT operations and networking will help you adapt.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll