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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

Energy & Utilities: 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 2004 and 2003 comparison.
InformationWeek Staff
Contributor
September 02, 2004
SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Companies using radio-frequency identification 13%
Companies globally sourcing products and supplies 35%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 15%
IT Services or outsourcing 18%
Research and development 2%
Salaries and benefits 36%
Applications 17%
Everything else 12%
INDUSTRY FINANCIALS
Average year-over-year revenue change 9%
Average year-over-year net income change 157%
DATA: INFORMATIONWEEK RESEARCH

SNAPSHOT 2003
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Average percentage of industry applications and business
processes that have Web-based front ends		 37%
Companies with real-time business processes in place 78%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 13%
Services or outsourcing 17%
Research and development 2%
Salaries and benefits 35%
Applications 19%
Everything else 14%
INDUSTRY FINANCIALS
Average year-over-year revenue change -44%
Average year-over-year net income change -145%
DATA: INFORMATIONWEEK RESEARCH

See the InformationWeek 500 2003 and 2002 comparison

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Centralized Views Let Utilities Focus
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