CMP Media's InformationWeek Announces the InformationWeek 500 for 2005
Ranking of Nation's Most Innovative Organizations Announced from 15th Annual InformationWeek Fall Conference
Sep 19, 2005
CMP Media's InformationWeek today announced the InformationWeek 500, a prestigious listing of the largest and most innovative users of information technology. For 17 years, the InformationWeek 500 has tracked organizations' IT agendas, providing a unique opportunity to understand and examine their business practices across core areas of technology operations. Companies named to this list demonstrate a pattern of technological and organizational innovation. Capital One, which is ranked No. 1, followed by SC Johnson & Sons Inc., Eastman Kodak Co. and BellSouth Corp, are some of the household names being honored for their innovative IT practices. For nearly a decade, Capital One has consistently been honored by the InformationWeek 500 for its innovative IT practices, jumping from 8th in 2004 to No. 1 this year.
"The InformationWeek 500 will invest in aggregate 3% of their annual revenue on IT this year -- an average cash outlay of $293 million. Collectively, the nation's most innovative users of technology will spend a total of $147 billion on information technology this year," says Stephanie Stahl, editor-in-chief of InformationWeek. "Content filtering and content management software are among the most widely deployed products, while improved spam filtering, increased desktop security, and desktop operating system upgrades are some of the widespread IT initiatives aimed at improving company productivity. And to improve the efficiency of business operations, this year's IT innovators have devoted time to increase the use of automated processes, improve data integration between systems or departments, and established business-process frameworks to improve the running of business tasks."
The release of the InformationWeek 500 ranking coincides with InformationWeek's 15th annual Fall Conference, "Business-Process Innovation: Using Technology to Redefine and Reinvigorate Competitive Advantage." Ten sponsors including Hewlett-Packard, Intel, and Microsoft join hundreds of the business technology industry's top executives, luminaries and academics at the Westin Mission Hills Resort and Spa in Rancho Mirage, CA to discuss and debate today's most critical and topical business and IT issues. Keynote speakers include Linda Dillman, Executive VP and CIO of Wal-Mart, thought-leader and author Dr. Michael Hammer and FedEx Executive VP and CIO Rob Carter.
Current and former InformationWeek 500 honorees will attend a special reception at the InformationWeek Fall Conference. These business technology leaders will discuss their unique vision and strategies for innovation with fellow honorees and InformationWeek 500 alumni. The InformationWeek Conference gathers hundreds of the business technology industry's top executives, luminaries, academics and vendors to discuss and debate today's most critical and topical business and IT issues. For more information on the InformationWeek Conference, visit http://www.informationweekconference.com/.
The InformationWeek 500 is the most detailed source of industry-specific IT budget data. The research project gathered in-depth information directly from companies about how they approach and prioritize their IT investments. The research identified and ranked the companies following an extensive online and phone study.
For more information on this year's InformationWeek 500, go to http://informationweek.com/500/05/
InformationWeek is the largest, most influential community of IT buyers and sellers focusing on, driving and setting the agenda for business innovation powered by technology. Every week, InformationWeek touches more than 1 million business technology executives worldwide through its magazine editions, online sites, research platforms, and peer-to-peer events. The InformationWeek Media Network consists of Optimize, Bank Systems & Technology, Insurance & Technology and Wall Street & Technology -- all leading publications in their respective markets -- as well as Government Enterprise. InformationWeek is consistently recognized for its commitment to excellence and innovation, and has received several of the industry's top media accolades, including top spots in BtoB Magazine's Media Power 50, Circulation Excellence Awards from Circulation Management Magazine and several awards from the American Society of Business Publication Editors (ASBPE).
About CMP Media LLC
CMP Media (http://www.cmp.com/) is the leading integrated media solutions company providing "broad and deep" access to the entire technology spectrum -- the builders, sellers and buyers of technology worldwide. The company's comprehensive database of technology decision makers enables marketers to reach targeted audiences throughout the purchase process with publications, web offerings, face-to-face events, consulting and other marketing services that deliver actionable results.
Contact: Winnie Ng Associate Publisher, Marketing 516-562-5982 email@example.com
SOURCE: CMP Media LLC
CONTACT: Winnie Ng, Associate Publisher, Marketing, of InformationWeek,
+1-516-562-5982, or firstname.lastname@example.org
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