DATA NUGGET
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June 15, 2000
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Corporate America Will Double Internet Spending
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Whether it's building a Web site for promotional information, selling goods and services online, or integrating the Internet into core business practices, Corporate America will be ramping up e-activities in the next few years. A new study from Jupiter Communications predicts that by 2003, U.S. companies will more than double the amount spent on Internet-based infrastructure (hardware, software, systems integration) and related business operations and maintenance over the level spent in 1999. The greatest growth will be in operations and maintenance.
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| Spending (in billions)
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| | Infrastructure | Operations & Maintenance |
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| 1999 | $56 | $97 |
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| 2000 | $66 | $138 |
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| 2001 | $77 | $175 |
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| 2002 | $83 | $216 |
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| 2003 | $89 | $259 |
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| DATA: Jupiter Communications
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