Measure Up, Or Move Out

InformationWeek 500
InformationWeek published their top 500 list of companies that use business technology to differentiate themselves from the pack in their Sept. 20th issue. What is important isn't who made the list, but why they made the list. Some of the evidence given for the innovators being on the list are:
  • Standardization of architecture and project management methodology
  • Reuse of components and intellectual capital
  • Centralization, leading to horizontal decision making on project prioritization (performance management)
  • Cost cutting and productivity optimization
  • Corporate governance and strict measuring of ROI on projects
  • Business strategies that turns IT into a revenue generator
    • Overall, the companies on the list get a budget averaging of 3.68% of their company's revenue -- a slight increase over the previous year. While cost cutting and simplification of operations remains a priority for these companies, making the priority are also initiatives to generate new revenue opportunities -- including the selling of IT services to other companies. The top companies expect to increase headcount as well, and salaries continue to be the largest IT expenditure. Even so, the top companies have also embraced a policy of selective outsourcing. You can download the list of top 500 companies in this PDF document.

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