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Insurance: A Year In Review 2
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.
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IN A NUTSHELL INSIDE COMPANIES Average portion of revenue spent on IT 4% Companies providing customized solutions to customers 42% Companies seeking IT patents, trademarks, or copyrights 31% HOW COMPANIES DIVIDE THEIR I.T. BUDGETS Hardware purchases 20% Services or outsourcing 16% Research and development 2% Salaries and benefits 30% Applications 21% Everything else 11% INDUSTRY FINANCIALS Average year-over-year revenue change -12.3% Average year-over-year net income change -75.6% DATA: InformationWeek research
See the InformationWeek 500 2002 and 2001 comparison
Return to main story: Insurer Integration Key To Competition
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