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Manufacturing: 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.



SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Companies using radio-frequency identification 18%
Companies globally sourcing products and supplies 67%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 17%
IT Services or outsourcing 13%
Research and development 3%
Salaries and benefits 36%
Applications 18%
Everything else 13%
INDUSTRY FINANCIALS
Average year-over-year revenue change 8%
Average year-over-year net income change 358%
DATA: INFORMATIONWEEK RESEARCH

SNAPSHOT 2003
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Average percentage of industry applications and business
processes that have Web-based front ends
27%
Companies with real-time business processes in place 77%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 17%
Services or outsourcing 13%
Research and development 3%
Salaries and benefits 33%
Applications 19%
Everything else 15%
INDUSTRY FINANCIALS
Average year-over-year revenue change -0%
Average year-over-year net income change -149%
DATA: INFORMATIONWEEK RESEARCH

See the InformationWeek 500 2003 and 2002 comparison

Return to main story:
Tighter Ties Link IT To Factory Biz


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