Automotive: A Year In Review - InformationWeek
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9/6/2002
03:31 PM
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Automotive:
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 2002 and 2001 comparison.

IN A NUTSHELL
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Companies providing customized solutions to customers 55%
Companies seeking IT patents, trademarks,or copyrights 32%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 20%
Services or outsourcing 24%
Research and development 4%
Salaries and benefits 13%
Applications 34%
Everything else 5%
INDUSTRY FINANCIALS
Average year-over-year revenue change -2.5%
Average year-over-year net income change -95.1%
DATA: InformationWeek research

2001 SnapShot 500/Automotive
Inside companies
Average portion of revenue spent on IT 2%
Portion of IT organizations that sell services or IT products to other companies 47%
Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 53%
Senior IT executive is a member of executive management committee 76%
Average portion of customers included in electronic supply chain 66%
How companies divide their IT budgets
New product and technology purchases 19%
IT consulting and outsourcing 17%
Research and development 4%
Salaries and benefits 28%
Applications 21%
Everything else 11%
How often companies re-examine their IT spending plans
Daily -
Weekly -
Monthly 70%
Quarterly -
Twice a year 6%
Annually 24%
DATA: INFORMATIONWEEK RESEARCH

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