The objective of this year’s Megaspenders was to find the top IT spenders in the FY 2003-04, and assess the IT investment pattern during the year and plans for future investment during FY 2004-05.

On the basis of the set objectives of the research, Dataquest commissioned IDC India to undertake a large-scale quantitative survey across various cities in the country. The survey involved face to face interviews with the CIOs.

A preliminary list was prepared on the assumption that companies with higher revenues would probably spend more on their IT infrastructure.

The sample list included the top 200 large enterprises and the key players from banking, technology and related verticals, which traditional spend on IT is high.

The questionnaire was administered to the decision-maker of the target organization, through a face-to-face interview. Out of the 187 companies who participated in the survey, nine questionnaires were rejected while validating the data. The companies
who did not furnish the spending details were automatically disqualified. The final analysis is based on a sample size of 178.

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