Resource update - Research and Development league table
The UK's Department of Trade and Industry (DTI) has produced a global league table of R&D expenditure for 2004 (http://www.innovation.gov.uk/projects/rd_scoreboard/introfr.html). In our dear old telecom sector, it's interesting to see companies like BT Group and TeliaSonera outgunning the likes of Vodafone (!) and AT&T. Tiny Belgacom spends as much per employee as AT&T, and TeliaSonera three times as much. Not a single RBOC appears on the list. It's also interesting, though hardly surprising, to see a company like Yahoo! outspending the average telco on a per-employee basis by a 7-to-1 margin. Even UK online bank Egg spends nearly three times as much as the average telco on this basis. A couple of very sharp bloggers have recently observed that "the IT industry has declared war on telecom," a view with which I wholly concur. If the development pipeline is genuinely what is going to differentiate the two camps, then data like this paints the telcos in an evermore dismal light.
Monday, October 25, 2004
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