eFiles: September 24, 2001
While tech spending is slumping overall, companies are beginning to appear more willing to spend dollars on e-business.Spending on e-business to rise ... While tech spending is slumping overall, companies are beginning to appear more willing to spend dollars on e-business. AMR Research Inc., of Boston, found that U.S. companies plan to increase their overall spending on e-business initiatives by an average of 11 percent in the third quarter. AMR, which announced the findings early this month, surveyed about 60 companies.
Companies plan to boost spending the most on customer management and sales initiatives, on average by 15 percent, AMR found. Supplier management was next, with companies expecting to increase spending there by an average of 9 percent. Companies indicated that their average spending for internal e-business processes would increase by an average of 6 percent and for new product development projects by an average of 5 percent.