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Wednesday, January 11, 2006

Federal IT outsourcing to grow, report states

"Federal information technology outsourcing could grow at an annual rate of almost 8 percent, from $12.2 billion in fiscal 2005 to $17.6 billion by 2010, according to a market forecast that Input will release Jan. 12.

The Office of Management and Budget's lines of business initiatives will be one of the main factors causing the growth...

OMB's lines of business initiatives require agencies to submit business cases for planned projects to Centers of Excellence, agencies that OMB has designated as specifically qualified to perform services within specialized areas. The lines include human resources, financial, grants and case management; federal health architecture and IT security."

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