Uncle Sam’s $1.7B Move to Cloud-Based Solutions
July 17, 2013
Grazed from The Fiscal Times. Author: Editorial Staff.
The U.S. federal government is expected to greatly accelerate its spending on cloud computing solutions starting in fiscal year 2014, which begins October 1, 2013. In its report, "Perspective: Growth and Slight Contraction – Government Cloud Spending by U.S. Federal Agency," published July 15, market research firm IDC Government Insights points out that the overall U.S. government cloud services market will reach $9 billion in fiscal year 2017.
Cloud computing is a broad and often ambiguous term, usually referring to the infrastructure of systems available to users from a remote location (data center) over the Internet, as opposed to in-house computing services…
In its report, IDC specifies that the government’s transition to cloud-based solutions was sluggish, and that it lagged behind the private sector in embracing the cloud. In part, cloud investments have been stalled because of a deceleration in consolidation among government systems, federal sequestration, and other issues, IDC notes. "There are clear indications that fiscal year 2014 will continue to be a flat year for cloud computing investments," said Shawn McCarthy, Research Director at IDC Government Insights…
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