Inexpensive but Effective

By Larry Dignan  |  Posted 2003-04-01 Email Print this article Print
 
 
 
 
 
 
 

Take a lesson on controlling costs from ATA, which means more than eliminating free peanuts.


Inexpensive but Effective


A Penny for Your Technology

The most frugal companies are not necessarily the best-known. Here are some of the companies who spend the least of their revenues on technology.

COMPANY,
Location
Revenue
($ Millions)
Est I.T. Spending
($ Millions)
Est I.T. Spending/
Revenue %
FRONTIER OIL CORP,
Houston, TX
$1,889.23 $2.38 0.13%
CHESAPEAKE ENERGY CORP,
Oklahoma City, OK
969.05 $1.96 0.20%
FORDING INC,
Calgary, Alberta
628.15 1.29 0.21%
CANADIAN NATURAL RESOURCES,
Calgary, Alberta
1,834.72 3.92 0.21%
TEEKAY SHIPPING CORP,
Vancouver, B.C.
1,039.06 6.62 0.64%
KEMET CORP,
Simpsonville, SC
1,406.15 11.09 0.79%
SOURCE: Alinean ValueIT, August 2002 Metrics, Analysis of 7,500 U.S. public companies, with revenue greater than $500M


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Business Editor
ldignan@ziffdavisenterprise.com
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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