Martha E. Mangelsdorf

Big Budgets for Technology

A chart illustrating how much money fast-growing companies spent on computer-related investments in 1994.

 

A Coopers & Lybrand survey found that fast-growing companies last year spent an astonishingly high 7.84% of revenues on computer-related investments. What's more, they projected that this year they would up that expenditure to an average of 8.68%.

Percentage of fast-growing companies projecting that in the next 12 months their information-technology investment would . . .

Increase 34%

Remain the same 55%

Decrease 8%

Uncertain/didn't know 3%

Source: "Trendsetter Barometer," Coopers & Lybrand, fall 1994.

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