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TechAmerica survey slightly bullish on fed IT growth

by
October 21, 2010
FedCyber Wire, Spending
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The Federal Cyber landscape is driven by missions and budgets.  Mission without budget is folly.  Even in periods of significant downward pressure on budgets, there must be spending to ensure agencies succeed.  When it comes to IT, a leading assessment indicates IT spending will actually increase.  Cyber defense spending is a component of this increase:

“Federal spending on information technology will increase slightly in the next five years even as overall defense spending declines, a new TechAmerica Foundation Vision Survey forecasts.

Growth is likely to be constrained by deficit-cutting measures and uncertainty related to program freezes and the consolidation of data centers, the survey states.

Similarly, defense spending is likely to decline in the face of budget cuts driven by an uncertain global economy, a focus on domestic priorities and efforts to reduce deficit spending.”

For more see the report at: TechAmerica survey slightly bullish on fed IT growth — Washington Technology