Federal spending for information technology has peaked. It will decline at a gradual annual pace for at least the next several years, but cumulatively it will amount to a significant amount of money. However, vendors that can provide the IT services that are moving to the top of the government’s requisition list will find solid marketing opportunities, especially in cloud and cybersecurity technologies. In three recently released reports, market analysts portrayed the current and prospective shape of the federal IT acquisition scene.
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As Government IT Spending Drops, Cloud Rises
Posted by: John K. Higgins August 27, 2013 05:00 AMFederal spending for information technology has peaked. It will decline at a gradual annual pace for at least the next several years, but cumulatively it will amount to a significant amount of money. However, vendors that can provide the IT services that are moving to the top of the government’s requisition list will find solid marketing opportunities, especially in cloud and cybersecurity technologies. In three recently released reports, market analysts portrayed the current and prospective shape of the federal IT acquisition scene.