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How does your salary stack up? 2022 IT Salary Survey Results Revealed
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IT Life
1 MIN READ
Feature

Automotive: A Year In Review 2

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 2003 and 2002 comparison.
InformationWeek Staff
Contributor
September 19, 2003
SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Average percentage of industry applications and business processes that have Web-based front ends 41%
Companies with real-time business processes in place 78%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases 18%
Services or outsourcing 16%
Research and development 4%
Salaries and benefits 29%
Applications 22%
Everything else 11%
INDUSTRY FINANCIALS
Average year-over-year revenue change 7%
Average year-over-year net-income change 215%
DATA: INFORMATIONWEEK RESEARCH

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

See the InformationWeek 500 2002 and 2001 comparison

Return to main story: Keep Pace On The Innovation Speedway

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