InformationWeek
Defining The Business Value Of Technology
Business, Technical Innovations Get Full Attention
The telecommunications industry displays a healthy respect for IT investment, with 5.4% of this industry's annual revenue devoted to IT. Only the banking sector allocates more -- 6.0%. Telecom's taste for technology is further underscored by its embrace of technical innovation, as evidenced by very strong showings in most of the key technology areas. The charts below outline the business, technology, and budgeting strategies of the telecommunications companies selected in the InformationWeek 500.
InformationWeek
Inside Telecommunications
5.4%
of Industry's Annual Revenue Devoted to IT
43%
of IT Budget Devoted to New Projects
46%
of Companies Expecting 2006 IT Spending to Exceed 2005
Business Change
62%
Creating New Products/Services for Customers in 2006
46%
with Global Supply Chain
31%
Deploying Business Intelligence Tools to Raise Productivity
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