Corporate IT Spending Outlook for 2004 -- Part III: Where Companies Are Putting Their Money

by George Westerman

This Executive Update, the last in a three-part series, examines the detailed IT spending plans for 2004 of 97 organizations. At the time of the survey (July 2003), "IT intensity" (IT spending as a percentage of total organizational spending) was expected to remain approximately flat in 2004. This masked a great deal of variation, with approximately one-third of the organizations reducing their spending, one-third increasing, and one-third staying about the same. In the first Update ( Vol. 4, No. 10), we examined how spending plans vary according to organization size, geography, and industry. In the second Update ( Vol. 4, No. 11), we looked at top spending priorities, concentrating particularly on firms with cost-cutting and service-improvement orientations.

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Corporate IT Spending Outlook for 2004 -- Part III: Where Companies Are Putting Their Money December 2003