2002 IS Budget Changes in Utility Companies

May, 2002

Utility companies have experienced shifts in their IS budgets in 2002 according to the 13th annual Information Systems and E-Business Spending study conducted by Computer Economics.

More utility companies have decreased (36.8%) their central IS budget in 2002 than increased (34.1%) their central IS budgets. During the prior three year-period, 38.7% of utility companies decreased their IS budgets while 35.6% increased their central IS budgets.

Meanwhile, 29.1% of utility companies have held their central IS budgets steady. This is higher than the prior three-year period when 25.7% of utility companies held their central IS budgets steady.

Figure 1 shows the IS budgets changes in utility companies in 2002. The AnnuMark represents the current year and the TriMark shows aggregate three-year trends from 1999 to 2001.

FIGURE 1 
2002 IS Budget Changes in Utility Companies

Budget Changes

AnnuMark
2002

TriMark
1999 to 2001

No change in IS budget

29.1%

25.7%

Decrease in IS budget

36.8

38.7

Increase in IS budget

34.1

35.6

May 2002