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Electronics: 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 2004 and 2003 comparison.

InformationWeek
September 20, 2004 12:00 AM

SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT	3%
Companies using radio-frequency identification	25%
Companies globally sourcing products and supplies	75%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases	14%
IT Services or outsourcing	13%
Research and development	3%
Salaries and benefits	35%
Applications	22%
Everything else	13%
INDUSTRY FINANCIALS
Average year-over-year revenue change	0%
Average year-over-year net income change	112%
DATA: INFORMATIONWEEK RESEARCH

SNAPSHOT 2003
INSIDE COMPANIES
Average portion of revenue spent on IT	3%
Average percentage of industry applications and business processes that have Web-based front ends	35%
Companies with real-time business processes in place	81%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases	19%
Services or outsourcing	13%
Research and development	2%
Salaries and benefits	33%
Applications	19%
Everything else	14%
INDUSTRY FINANCIALS
Average year-over-year revenue change	-10%
Average year-over-year net income change	-23%
DATA: INFORMATIONWEEK RESEARCH