Banking & Financial Services: A Year In Review 2Banking & Financial Services: A Year In Review 2

How are companies that information considers as IT innovators changing to stay competitive? Examine year-over-year shifts in business-technology practices and priorities in this information 500 2003 and 2002 comparison.

information Staff, Contributor

September 19, 2003

2 Min Read
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IN A NUTSHELL INSIDE COMPANIES Average portion of revenue spent on IT 8% Companies providing customized solutions to customers 54% Companies seeking IT patents, trademarks, or copyrights 50% HOW COMPANIES DIVIDE THEIR I.T. BUDGETS Hardware purchases 21% Services or outsourcing 13% Research and development 2% Salaries and benefits 32% Applications 21% Everything else 11% INDUSTRY FINANCIALS Average year-over-year revenue change 29.4% Average year-over-year net income change -35.4% DATA: information research

See the information 500 2002 and 2001 comparison

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