There is no issue more important within the formula for IT spending as a percentage of income than industry sector—not company dimension, not geographic location. This Research Byte relies on our annual IT spending and staffing benchmarks examine, which relies on a statistical knowledge set with over 25 industry sectors. This Research Byte analyzes IT spending as a percentage by industry, IT prices as a proportion of income by company size, and IT budgets as a share of income by region.
Nike is assessed throughout the rubber and plastics footwear industry , whereas Target is classed throughout the malls industry . Similar businesses are grouped into industries based on the primary product produced or offered, creating industry teams that can be utilized to isolate businesses from those who take part in different actions. Investors and economists often examine industries to raised understand the elements and limitations of corporate profit growth.
In tables that show chained-dollar v...Read More