Telecommunications: A Year In Review - InformationWeek

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9/18/2003
11:15 PM
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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 2003 and 2002 comparison.

SNAPSHOT
INSIDE COMPANIES
Average portion of revenue spent on IT 3%
Average percentage of industry applications and business processes that have Web-based front ends 30%
Companies with real-time business processes in place 93%
HOW COMPANIES DIVIDE THEIR IT BUDGETS
Hardware purchases 19%
Services or outsourcing 13%
Research and development 3%
Salaries and benefits 30%
Applications 22%
Everything else 13%
INDUSTRY FINANCIALS
Average year-over-year revenue change 10%
Average year-over-year net-income change 7%
DATA: INFORMATIONWEEK RESEARCH

IN A NUTSHELL
INSIDE COMPANIES
Average portion of revenue spent on IT 2%
Companies providing customized solutions to customers 33%
Companies seeking IT patents, trademarks, or copyrights 12%
HOW COMPANIES DIVIDE THEIR I.T. BUDGETS
Hardware purchases 21%
Services or outsourcing 23%
Research and development 2%
Salaries and benefits 26%
Applications 19%
Everything else 9%
INDUSTRY FINANCIALS
Average year-over-year revenue change 10.3%
Average year-over-year net income change 26.9%
DATA: InformationWeek research

See the InformationWeek 500 2002 and 2001 comparison

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