Retail: General Merchandising:<BR>A Year In ReviewRetail: General Merchandising:<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/Retail: General Merchandising Inside companies Average portion of revenue spent on IT 2% Portion of IT organizations that sell services or IT products to other companies 29% Portion of companies that say wireless E-commerce will contribute to E-business revenue stream 65% Senior IT executive is a member of executive management committee 100% Average portion of customers included in electronic supply chain 33% How companies divide their IT budgets New product and technology purchases 24% IT consulting and outsourcing 12% Research and development 4% Salaries and benefits 31% Applications 17% Everything else 12% How often companies re-examine their IT spending plans Daily - Weekly 12% Monthly 52% Quarterly 12% Twice a year 18% Annually 6% DATA: information RESEARCH

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