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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

Consulting & Business Services: 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 4%
Average percentage of industry applications and business processes that have Web-based front ends 53%
Companies with real-time business processes in place 76%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases 16%
Services or outsourcing 16%
Research and development 3%
Salaries and benefits 32%
Applications 22%
Everything else 11%
INDUSTRY FINANCIALS
Average year-over-year revenue change 4%
Average year-over-year net-income change 1%
DATA: INFORMATIONWEEK RESEARCH

IN A NUTSHELL
INSIDE COMPANIES
Average portion of revenue spent on IT 3%
Companies providing customized solutions to customers 73%
Companies seeking IT patents, trademarks, or copyrights 39%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 13%
Services or outsourcing 25%
Research and development 3%
Salaries and benefits 30%
Applications 17%
Everything else 12%
INDUSTRY FINANCIALS
Average year-over-year revenue change -3.0%
Average year-over-year net income change -200.0%
DATA: InformationWeek research

See the InformationWeek 500 2002 and 2001 comparison

Return to main story: Coping With Outsourcing Overload
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