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Defining The Business Value Of Technology
Biotechnology & Pharmaceuticals: A Year In Review
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INSIDE COMPANIES
Average portion of revenue spent on IT
6%
Companies using radio-frequency identification
--
Companies globally sourcing products and supplies
67%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases
10%
IT Services or outsourcing
24%
Research and development
6%
Salaries and benefits
34%
Applications
10%
Everything else
16%
INDUSTRY FINANCIALS
Average year-over-year revenue change
11%
Average year-over-year net income change
66%
INSIDE COMPANIES
Average portion of revenue spent on IT
3%
Average percentage of industry applications and business processes that have Web-based front ends
29%
Companies with real-time business processes in place
100%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases
18%
Services or outsourcing
16%
Research and development
6%
Salaries and benefits
33%
Applications
7%
Everything else
20%
INDUSTRY FINANCIALS
Average year-over-year revenue change
0%
Average year-over-year net-income change
41%
Writing A Script For Integration
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