Smaller Companies, Bigger Growth

By Larry Dignan  |  Posted 2003-05-12 Email Print this article Print

Companies with less than $500 million in revenue are getting attention for their technology spending this year.

Smaller Companies, Bigger Growth

There's a good reason giants such as Siebel Systems and PeopleSoft are targeting smaller companies-they plan on spending more of their dollars on software.

Infrastructure Software Growth Forecast by Company Size
No. of Employees 2001
100 to 499 27.9 34.1 14.3 29.2 21.8 14.3
500 to 999 -0.4 13.6 15.3 27.9 23.1 14.9
1,000 to 2,499 -7.5 1.8 6.3 9.1 13.2 10.9
2,500 to 4,999 -15.5 -2.3 1.2 4.4 6.2 4.8
5,000 or more -8.6 -4.4 1.9 -2.0 1.2 4.6
SOURCE: gartner research (february 2003)

Business Editor
Larry formerly served as the East Coast news editor and Finance Editor at CNET News.com. Prior to that, he was editor of Ziff Davis Inter@ctive Investor, which was, according to Barron's, a Top-10 financial site in the late 1990s. Larry has covered the technology and financial services industry since 1995, publishing articles in WallStreetWeek.com, Inter@ctive Week, The New York Times, and Financial Planning magazine. He's a graduate of the Columbia School of Journalism.

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