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IT Opportunities In US Federal Government
Datamonitor, Oct 2005, Pages: 53
Introduction
The US federal government will increase its IT spending from FY2005-FY2010 as agencies look to modernize outdated systems, improve constituent service, focus on core missions and integrate siloed infrastructures. Changes in procurement vehicles, administrative service delivery, employment policies and federal regulations offer vendors new opportunities to capitalize in the federal market.
Scope
- Forecast of total IT spending and vendor opportunities for FY2005 to FY2010 by federal agency and technology segment
- Sizing of total federal government IT spending and civilian IT spending
- Profiles of select IT vendors serving this market
- Identification of emerging trends in federal government IT purchasing
Highlights
Total US federal government IT spending will grow from $60.5B in FY2005 to $77.2B in FY2010.
Services is the fastest growing segment of the federal IT market. Agencies invest in IT services to compensate for retiring staff, allocate internal resources to core missions and refresh technology on a fee basis.
Agencies that offer the greatest opportunity for IT vendors are DoD, DHS, Transportation, Energy, Justice, and HHS. This group accounted for 76% of vendor opportunity in FY2005.
Reasons to Purchase
- Evaluate opportunities in the US federal government market by agency and technology segment
- Identify competitors and potential partners in the federal government IT market
- Tailor your solutions and messaging to address emerging trends in the federal market
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