IDC: IT Consolidation to Drive the $150 billion Government IT Investments in 2007

Global IT consolidation will heavily influence the direction and magnitude of worldwide government information technology (IT) investment for 2007, according to Government Insights, an IDC company. 

IDC says, the government market, with over $150 billion targeted for technology spending in 2007, is among the top three vertical industries worldwide. 

  • This is an increase of $9.1 billion over 2006 in technology investments

  • Global government IT investments are projected to increase at a compound annual growth rate 4.1% through 2010.

  • Government IT is also both a high-value and high-growth industry that is typically less volatile than many other IT industry markets.

Top predictions included in this study include:

  1. Governments will pursue standardization and consolidation. 
  2. Information sharing and interoperability will drive improved government service delivery, but also call for new business and decision-making models to maximize IT value.
  3. Government will create new procurement models and strategic sourcing strategies. 

The IDC study, Top Ten Predictions for the Government Industry in 2007 provides 5 Predictions common to government organizations worldwide, and 5 Predictions that represent trends across federal, state, and local government in the U.S.

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