[HIB]Federal IT Spending To Reach $112 Billion

Federal IT spending will grow 5.4 percent to $112 billion by 2015 thanks to the Obama's administration's plan to use technology to achieve key cost-saving and transparency measures, according to a research report released Tuesday. IT is an integral factor in some of the Obama administration's near-term priorities, which will bolster growth in federal IT spending even though spending in this sector remains largely conservative, according to the according to the Federal Information Technology Market 2010-2015 report released by INPUT. Administration priorities to improve how the government engages both with the public and among agencies hinge on technology, as do cybersecurity measures and a focus to increase program oversight and performance.

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