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Telecommunications:
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 2002 and 2001 comparison.
IN A NUTSHELL
INSIDE COMPANIES
Average portion of revenue spent on IT 5%
Companies providing customized solutions to customers 67%
Companies seeking IT patents, trademarks, or copyrights 75%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 15%
Services or outsourcing 21%
Research and development 0%
Salaries and benefits 23%
Applications 30%
Everything else 11%
INDUSTRY FINANCIALS
Average year-over-year revenue change 33.4%
Average year-over-year net income change -25.2%
DATA: InformationWeek research

2001 SnapShot 500/Telecommunications
Inside companies
Average portion of revenue spent on IT 11%
Portion of IT organizations that sell services or IT products to other companies 42%
Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 67%
Senior IT executive is a member of executive management committee 75%
Average portion of customers included in electronic supply chain 23%
How companies divide their IT budgets
New product and technology purchases 17%
IT consulting and outsourcing 13%
Research and development 6%
Salaries and benefits 24%
Applications 24%
Everything else 16%
How often companies re-examine their IT spending plans
Daily -
Weekly -
Monthly 33%
Quarterly 51%
Twice a year 8%
Annually 8%
DATA: INFORMATIONWEEK RESEARCH

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