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Thursday, August 25, 2005
INPUT Expects Federal ERP Spending to Grow 33 Percent Over Next Five Years
OMB's Financial Management and Human Resources Management LoBs are Key Drivers of Growth -- Federal ERP spending is expected to grow 33 percent from $5.8 billion to $7.7 billion by Fiscal Year 2010 (FY10), according to a report released by INPUT, the authority on government business. The initial Lines of Business (LoB) initiatives identified by the Office of Management and Budget (OMB), most significantly the Financial Management and Human Resources Management LoBs, and the President's Management Agenda will be the major financial drivers of investment in the ERP market.
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