Here, in the last in a three-part series, we examine the detailed IT spending plans for 2004 of 97 organizations. At the time of the survey (July 2003), "IT intensity" (IT spending as a percentage of total organizational spending) was expected to remain approximately flat in 2004. This masked a great deal of variation, with approximately one-third of the organizations reducing their spending, one-third increasing, and one-third staying about the same.