North American companies are investing in technology initiatives at higher level than European organizations, with IT spending accoutning for 9.1 percent of company revenue. European companies' IT expenditure lags behind the global average, which stood at 8.2 percent of company revenue at the time of the survey.
IT spending as share of company revenue as of 2019, by region
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Flexera Software. (October 15, 2019). IT spending as share of company revenue as of 2019, by region [Graph]. In Statista. Retrieved July 04, 2022, from https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. "IT spending as share of company revenue as of 2019, by region." Chart. October 15, 2019. Statista. Accessed July 04, 2022. https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. (2019). IT spending as share of company revenue as of 2019, by region. Statista. Statista Inc.. Accessed: July 04, 2022. https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software. "It Spending as Share of Company Revenue as of 2019, by Region." Statista, Statista Inc., 15 Oct 2019, https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/
Flexera Software, IT spending as share of company revenue as of 2019, by region Statista, https://www.statista.com/statistics/1105761/it-spending-share-company-revenue-by-region/ (last visited July 04, 2022)
