by satkinson
6. April 2009 16:00
An excerpt from a recent Government IT report posted in April 2009...
"Particularly in our present era of the first tech-savvy President, how the Federal government spends money on IT will set the tone for how private industry spends on IT as well. Private IT spending will be influenced positively by several factors, including:
• An increasing focus on Federal IT modernization efforts
• Policies designed to promote innovation
• Stimulus spending that will afford private IT companies new opportunities to provision goods and services
In the federal arena, the stimulus spending bill is already starting to provide a big boost to IT spending as money is provided for a wide variety of projects. Federal spending on IT reached $129 billion in 2008, and will see increases in the mid single-digits through 2013, when spending will reach $159 billion. The largest category of Federal IT spending is in the telecom segment, which will receive a big boost due to new Federal policies regarding broadband. Telecom spending by the Federal government will reach $47 billion in 2009, ramping up faster than many other categories to reach $59 billion by 2013."
Written By: Dan Blacharski
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