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Accelerate Value Creation: The Virtuous Cycle of Using Technology to Maximize Business Value

By : SAP SAP

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  Published : Aug 21, 2009 
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  Type : White Paper 
   
 
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  Overview :
  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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Enterprise Applications , Enterprise Resource Planning , Supply Chain Management
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