Federal government spending on contractor-provided IT products and services will decline from $101 billion in 2014 to $94 billion in 2019, estimates Deltek, an IT firm and consultant to federal contractors and government, in a for-purchase government IT market analysis.
A synopsis of the report sketches out the federal IT landscape as one in which agency leaders are focusing on “increasing effectiveness and reducing unnecessary spending to make the most of shrinking budgets.” As a result the IT “market will contract over the next few years as agencies look to lower costs, increase efficiencies and juggle priorities,” it said.
Deltek (http://www.deltek.com/) noted that agencies are continuing to invest in projects supporting IT transformation such as cloud computing and mobility, and said strategic sourcing and shared services (both of them White House priority goals), as well as the pending Federal IT Acquisition Reform Act have will have a strong influence within the next five years.