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European IT Spending and Staffing Benchmarks 2021/2022: Chapter 12: Food and Beverage
Chapter 12 provides benchmarks for food and beverage manufacturers. The 17 respondents in the sample range in size from about €100 million to about €22 billion in annual revenue. Food and beverage companies produce beverages, snack foods, meat products, seafood products, vegetables, dairy products, dietary supplements, pet food, and other consumable food products. Some are suppliers to other food manufacturers or to the food service industry, while many also distribute consumer products to retailers or directly to consumers.
European IT Budgets Rising Despite Pandemic
In our first annual IT Spending and Staffing Benchmarks study focused entirely on Europe, organizations are poised for strong IT operational budget growth despite contending with a global pandemic. Budget increases are set to be well above inflation. European companies across nearly every sector are planning controlled-but-steady IT growth. The outlook for the year is looking strong for IT organizations, even with the coronavirus pandemic—or perhaps, because of it. This Research Byte describes one of the top findings of our European companion to our flagship IT Spending and Staffing Benchmarks.