Retail: Specialty:<BR>A Year In Review

How are companies that <I>InformationWeek</I> considers as IT innovators changing to stay competitive? Examine year-over-year shifts in business-technology practices and priorities in this <I>InformationWeek</I> 500 2002 and 2001 comparison.

InformationWeek Staff, Contributor

September 19, 2002

2 Min Read

2001 SnapShot 500/Retail: Specialty Merchandising Inside companies Average portion of revenue spent on IT 2% Portion of IT organizations that sell services or IT products to other companies 22% Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 48% Senior IT executive is a member of executive management committee 87% Average portion of customers included in electronic supply chain 29% How companies divide their IT budgets New product and technology purchases 21% IT consulting and outsourcing 12% Research and development 4% Salaries and benefits 34% Applications 14% Everything else 15% How often companies re-examine their IT spending plans Daily 4% Weekly - Monthly 48% Quarterly 22% Twice a year 17% Annually 9% DATA: INFORMATIONWEEK RESEARCH

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