IDC: IT Consolidation to Drive the $150 billion Government IT Investments in 2007
IDC says, the government market, with over $150 billion targeted for technology spending in 2007, is among the top three vertical industries worldwide.
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This is an increase of $9.1 billion over 2006 in technology investments
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Global government IT investments are projected to increase at a compound annual growth rate 4.1% through 2010.
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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:
- Governments will pursue standardization and consolidation.
- Information sharing and interoperability will drive improved government service delivery, but also call for new business and decision-making models to maximize IT value.
- 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.
