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Feature

Information Technology: 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.
SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT 4%
Companies using radio-frequency identification 13%
Companies globally sourcing products and supplies 68%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 19%
IT Services or outsourcing 13%
Research and development 4%
Salaries and benefits 33%
Applications 20%
Everything else 11%
INDUSTRY FINANCIALS
Average year-over-year revenue change 14%
Average year-over-year net income change 2,253%
DATA: INFORMATIONWEEK RESEARCH

SNAPSHOT 2003
INSIDE COMPANIES
Average portion of revenue spent on IT 8%
Average percentage of industry applications and business processes that have Web-based front ends 59%
Companies with real-time business processes in place 71%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases 19%
Services or outsourcing 13%
Research and development 4%
Salaries and benefits 31%
Applications 18%
Everything else 15%
INDUSTRY FINANCIALS
Average year-over-year revenue change 3%
Average year-over-year net-income change -149%
DATA: INFORMATIONWEEK RESEARCH

See the InformationWeek 500 2003 and 2002 comparison

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IT Vendors Heed Their Own Advice