Published: December 07, 2009
Five Technology Trends That Will Transform the Federal Government
RESTON, Va. - (BUSINESS WIRE) - Cloud Computing, Virtualization, Service Oriented Architecture (SOA),
Open Source Software (OSS) and Geospatial technologies are poised for
increased federal government adoption over the next five years as
cost-saving initiatives drive investment in these solutions, according
to new research from INPUT,
the leading authority on government business. Nearly half of federal and
IT industry professionals surveyed by INPUT believe these technologies
will have a major impact on their technology environment despite
concerns over security and up-front costs.
INPUT projects the federal cloud computing market to grow from $370
million in 2009 to $1.2 billion in 2014 at a 27 percent compound annual
growth rate (CAGR). The virtualization market is poised to increase from
$800 million to $1.4 billion over the next five years (12 percent CAGR)
while OSS will grow from $290 million to $430 million (8 percent). The
SOA market will increase from $330 million to $660 million (17 percent)
and Geospatial technology from $860 million to $1.4 billion (8 percent).
Obama Administration initiatives, along with efforts to save costs and
energy, will incent government decision-makers to increase adoption of
emerging technology projects, according to INPUT's special report
"Emerging Technology Markets in the U.S. Federal Government, 2009-2014."
This report examines the market outlook for specific emerging
technologies and provides recommendations for businesses seeking
opportunities in the federal market.
Questions answered by the INPUT report include:
-
What are the factors driving growth in the emerging technology markets?
-
How, when and why will the federal government increase adoption of
these technologies?
-
Which government agencies are early technology adopters and which are
market followers?
-
What are the primary drivers and obstacles to Cloud Computing adoption?
-
How will security concerns impact IT adoption?
Report Author: Deniece Peterson, manager at INPUT, is available
for media inquiries.
About INPUT
INPUT is the authority on government business. Established in 1974,
INPUT helps companies develop federal, state, and local government
business and helps public sector organizations achieve their objectives.
Over 2,000 member organizations, including small specialized companies,
new entrants to the public sector, and the largest government
contractors and agencies, rely on INPUT for the latest and most
comprehensive procurement and market information, consulting, powerful
sales management tools, and educational & networking events. For more
information about INPUT, visit www.input.com
or call 703-707-3500.
Proper use of name is INPUT.
INPUT
Mary Beth Cockerham, 703-707-4041
media@input.com
or
Schwartz
Communications
Dave Bowker or Paul DiPerna, 781-684-0770
input@schwartz-pr.com
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