Hospitality & Travel:<BR> A Year In ReviewHospitality & Travel:<BR> A Year In Review

How are companies that <I>information</I> considers as IT innovators changing to stay competitive? Examine year-over-year shifts in business-technology practices and priorities in this <I>information</I> 500 2002 and 2001 comparison.

information Staff, Contributor

September 19, 2002

2 Min Read
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2001 SnapShot 500/Hospitality & Travel Inside companies Average portion of revenue spent on IT 3% Portion of IT organizations that sell services or IT products to other companies 41% Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 82% Senior IT executive is a member of executive management committee 94% Average portion of customers included in electronic supply chain 28% How companies divide their IT budgets New product and technology purchases 18% IT consulting and outsourcing 11% Research and development 4% Salaries and benefits 35% Applications 22% Everything else 10% How often companies re-examine their IT spending plans Daily 6% Weekly - Monthly 41% Quarterly 41% Twice a year - Annually 12% DATA: information RESEARCH

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