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Thursday, April 28, 2016

Wal-Mart Largest IT Investor

Surprising that they are tops across industries:  Details.  In RISNews: 

" ... For the second year in a row retail powerhouse Walmart has spent the most money on IT ($10.5 billion) — more than another other company across industries, by a lot. IDC annual report, Worldwide IT Wallet, ranks Walmart ahead of second place finisher Wells Fargo & Company by over 65%.

When it comes to scale few companies can come close to rivaling Walmart in shear IT maintenance costs, let alone on developing new technologies — which the retailer has done plenty of over the past few years. ... " 

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