| INFORMATION |
| Published : |
Oct 17, 2008 |
| Length : |
8 |
| Type : |
White Paper |
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| Overview : |
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Corporate IT spending continues to grow. Since 1994, the IT spending per worker has more than doubled, from US$3,500 to US$8,000 per worker. Annual productivity growth in U.S. companies roughly doubled in the same period, after experiencing 1.4% growth for 20 years (Harvard Business Review, July–August 2008). But in today’s economy, competitive advantage is short-lived, and leading companies recognize that continued investments in the virtuous cycle of technology are required to stay ahead. |
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