ERP spending to drop

According to a recent survey by Stamford, Conn.-based Gartner Group Inc., large companies plan to devote, on average, 3.61% of their revenue on information technology next year, plus 1.67% on capital spending.

Companies expect to spend 17% of their IT budgets on enterprise resource planning implementation and support, compared with more than 22% last year.

Gartner surveyed executives from more than 500 firms with an average of $1.6 billion in revenue and 6,200 employees.

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