Initial results from a new ENR study of information technology investment trends among contractors shows that firms still are spending lightly on IT and are underresourced in staffing the function.
Among the 143 respondents to the “IT Cost and Benchmarking Study”—buildng and heavy civil contractors, specialty contractors and some owners—IT investnent is between 0.5% and 0.75% of overall annual revenue, with variation by size of firm (see tables).