InformationWeek 500: A Tough Climb This YearInformationWeek 500: A Tough Climb This Year
Faced with slashed budgets, tech innovators have had to get more creative to stay ahead
September 20, 2002
A lot of business data is flying around the Internet, but companies are selective about whom they share it with. More than three-quarters of InformationWeek 500 companies share data electronically with customers as a standard practice; 17% do it occasionally. Only 3% say they never share data electronically. Two-thirds of companies share data with business partners as a standard practice, and one-quarter say they do occasionally. Sixty percent of respondents regularly share information with suppliers, and another quarter occasionally do.
Budget Overview InformationWeek 500 IT dollars spent 2000 2001 2002 Average I.T. dollars spent $442.2M $483.9M $319.6M Average I.T. budget as a % of revenue 4.31% 3.88% 3.39% Data: InformationWeek Research survey of InformationWeek 500 executives; additional data from InformationWeek
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