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Defining The Business Value Of Technology
Information Technology: A Year In Review
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INSIDE COMPANIES
Average portion of revenue spent on IT
4%
Companies using radio-frequency identification
13%
Companies globally sourcing products and supplies
68%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases
19%
IT Services or outsourcing
13%
Research and development
4%
Salaries and benefits
33%
Applications
20%
Everything else
11%
INDUSTRY FINANCIALS
Average year-over-year revenue change
14%
Average year-over-year net income change
2,253%
INSIDE COMPANIES
Average portion of revenue spent on IT
8%
Average percentage of industry applications and business processes that
have Web-based front ends
59%
Companies with real-time business processes in place
71%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases
19%
Services or outsourcing
13%
Research and development
4%
Salaries and benefits
31%
Applications
18%
Everything else
15%
INDUSTRY FINANCIALS
Average year-over-year revenue change
3%
Average year-over-year net-income change
-149%
IT Vendors Heed Their Own Advice
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