Spending in the federal information technology market will grow from $86 billion in 2010 to $112 billion in 2015, at a compound annual growth rate of 5.4 percent, according to Federal Information Technology Market, 2010-2015, a new report from INPUT.
Contrary to other industry groups forecasting negative growth in the government contracting market, INPUT's research shows that while overall spending growth has decreased, the Obama administration's management priorities, coupled with empirical spending trends, strongly suggest that IT spending has some protection from significant reductions.
The report strengthens the fact that IT budgets are somewhat insulated from major cuts by outlining that initiatives for cost reduction, increased efficiency, and program oversight and performance all depend on IT. In fact, some of the administration's near-term priorities revolve around IT: leveraging shared services, automating processes to improve delivery of citizen services, cybersecurity, and investing in technology infrastructure to reduce energy costs.
That gap in federal IT expertise also addresses contractors' concerns regarding insourcing in the federal work force. INPUT analysts predict that the government will face difficulty in growing its work force to a degree required to significantly reduce its reliance on contractors, especially as agencies strive to fulfill more requirements using fewer resources.
More information on IT can be found at www.SupportIndustry.com
No comments:
Post a Comment