In corporations that derive much of their profits from the information economy , such as banks , publishing houses , telecommunications companies and defense contractors , IT costs are a significant source of uncontrollable spending , which in size is often the greatest corporate cost after total compensation costs and property related costs .
Information technology ( IT ) costs are a significant source of uncontrollable spending in corporations that derive much of their profits from the information economy , such as banks , publishing houses , telecommunications companies and defense contractors .