Frugal Flyer - ' Inexpensive but Effective'
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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 |