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Retail: Specialty Merchandising: 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 11%
Companies globally sourcing products and supplies 89%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 23%
IT Services or outsourcing 11%
Research and development 3%
Salaries and benefits 30%
Applications 23%
Everything else 10%
INDUSTRY FINANCIALS
Average year-over-year revenue change 12%
Average year-over-year net income change 31%
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 30%
Companies with real-time business processes in place 93%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases 19%
Services or outsourcing 13%
Research and development 3%
Salaries and benefits 30%
Applications 22%
Everything else 13%
INDUSTRY FINANCIALS
Average year-over-year revenue change 10%
Average year-over-year net-income change 7%
DATA: INFORMATIONWEEK RESEARCH

See the InformationWeek 500 2003 and 2002 comparison

Return to main story:
Retailers Aim For Stellar Service


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