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Federal IT Won’t Keep Pace With Innovation For FY14 And Beyond, TechAmerica Forecast Finds

Gally Articola
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Budgets cuts and the continuation of sequestration means that federal IT will lag behind for the next several years, according to Washington-based nonprofit TechAmerica’s annual forecast.  Total Federal IT Market Forecast For FY14-19. Graph: TechAmerica. The Vision Federal Market Forecast charts a drop of $16 billion in the total federal IT budget since its high of $86 billion in 2009 (constant dollars). TechAmerica predicts the only increases in federal spending on IT in the next five years will be due…

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