Page 28 - Federal Computer Week, July 2019
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July 2019 FCW.COM
GETTING SERIOUS
ABOUT IT
MODERNIZATION
THE GOVERNMENT MUST STEP UP ITS EFFORTS TO REPLACE ANTIQUATED TECHNOLOGY FOR FINANCIAL AND MISSION SUCCESS
BY MICHAEL GARLAND AND GAURAV PAL
A review of agency budgets over the past 25 years shows that the U.S. government has spent over $1.5 trillion on IT since 1994. In recent fiscal years, the federal IT budget has been over $90 billion annually. Only six of the 24 Chief Financial Officers Act agencies have total budgets larger than the government’s aggregated IT spending. To put this in perspective, one year’s IT budget is large enough to fund three State Departments.
