Westpac’s half-yearly results outline how it has been spending money on IT over the last six months. Even though it is no longer stressing over Windows XP, there’s still a lot of money going out the door.
Commonwealth Bank is generally reckoned to be the market leader when it comes to bank technology deployment in Australia — but it still managed to spend less on many areas of IT over the last six months than before. Here’s where CommBank spends its money on IT services.
Internet service provider (ISP) iiNet is doing nicely at the moment — it had over $1 billion in revenue last year. Its annual accounts also give an interesting indication of how it spends money on IT.