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You Should Still be Wary of Federal Contracts

Washington DC Tech
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Wondering if it’s safe to start focusing on the feds again? TechAmerica Foundation’s recent forecast of the defense and civil IT budgets say it’s still a prickly market. That said, TechAmerica EVP Elizabeth Hyman says it’s still a massive (in the billions) potential market for companies that are fully invested in it. The IT budget is at $73.7B for FY 2015, but agencies are still trying to cut costs, and they’re still focusing on IT as a commodity. Budget constraints usually mean tech projects get put on hold. Cybersecurity is a big challenge for agencies with security issues slowing down new technologies. And cloud computing, mobility, and information sharing still face cultural and security issues.