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This page contains all of the posts and discussion on MemeStreams referencing the following web page: WalMart IT. You can find discussions on MemeStreams as you surf the web, even if you aren't a MemeStreams member, using the Threads Bookmarklet.
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WalMart IT
by flynn23 at 9:33 pm EDT, Oct 3, 2004 |
Interesting that despite having $250B (yes, Billion!) in revenue, they spend less than 1% on IT. Proof positive that technology investment does eventually scale to efficiency? Or is it just that $2.5B a year buys too much stuff? |
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RE: WalMart IT
by noteworthy at 10:59 pm EDT, Oct 3, 2004 |
flynn23 wrote:
] Interesting that despite having $250B (yes, Billion!) in
] revenue, they spend less than 1% on IT. Proof positive that
] technology investment does eventually scale to efficiency? Or
] is it just that $250M a year buys too much stuff? One percent of $256.3 billion is $2.563 billion, not $250 million. |
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RE: WalMart IT
by flynn23 at 3:03 pm EDT, Oct 4, 2004 |
noteworthy wrote:
] flynn23 wrote:
] ] Interesting that despite having $250B (yes, Billion!) in
] ] revenue, they spend less than 1% on IT. Proof positive that
] ] technology investment does eventually scale to efficiency?
] Or
] ] is it just that $250M a year buys too much stuff?
]
] One percent of $256.3 billion is $2.563 billion, not $250
] million. Now you know why I'm in IT and not Finance! Thanks for the tip! |
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