Monday, 30. October 2006
US Federal IT Spending to Drop by 10 to 25%, says Analysis Firm
10 to 25% drop in the federal government information technology budget in the next 36 months is predicted by a report. Entitled 'Government 2.0: Are you Ready?’ Other changes highlighted in the report include a shift in buying power from CIOs to program and mission owners, and a substantial transfer of project risk to the private sector.
"Gaining longer term perspective on the government marketplace using the tools of collective intelligence with government and industry thought leaders is a new resource for companies dealing with IT customers," said Harris Miller, industry guru and former president of the Information Technology Association of America (ITAA).
"Change is coming to this market faster than ever. The successful companies will be those that recognise this and anticipate how change will impact their customers," said Jim Kane, President and CEO of the Systems and Software Consortium (SSCI).