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Defining The Business Value Of Technology
Consulting & Business Services: A Year In Review
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INSIDE COMPANIES
Average portion of revenue spent on IT
4%
Companies using radio-frequency identification
4%
Companies globally sourcing products and supplies
59%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases
15%
IT Services or outsourcing
11%
Research and development
3%
Salaries and benefits
31%
Applications
23%
Everything else
17%
INDUSTRY FINANCIALS
Average year-over-year revenue change
17%
Average year-over-year net income change
71%
INSIDE COMPANIES
Average portion of revenue spent on IT
4%
Average percentage of industry applications and business processes that
have Web-based front ends
53%
Companies with real-time business processes in place
76%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases
16%
Services or outsourcing
16%
Research and development
3%
Salaries and benefits
32%
Applications
22%
Everything else
11%
INDUSTRY FINANCIALS
Average year-over-year revenue change
4%
Average year-over-year net-income change
1%
Services Firms Boost Tech Dollars
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This shift in the development and usage of business applications in large corporations began in the 1990s when enterprise packages arrived on the scene. The traditional way of developing an application for corporations from the ground up (whether it be for financial accounting or...
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