Information Services Companies' IT & Telecom Spend Falling Behind Turnover

IT & Telecom Spend to Still Rise by 30%.

IT & telecom spend as a % of turnover is forecast to decline for information services companies.  Nevertheless, IT & telecom spend itself will increase by 30% between 2014 and 2019.  Over the same period, however, turnover is expected to advance by 40%.

The spend to turnover ratio for information services companies will continue to be well in excess of 10%.  This is 5 times that for all UK organisations which hovers around 2.5%.

Source: IT & Telecom Spend by 80 Industry Sectors – www.kewassociates.com