The American Recovery and Reinvestment Act, the much-talked-about stimulus spending law, is estimated to bring $2.5 billion in spending to technology vendors. This is according to IDC Industry Insights, as reported by David Hubler in Washington Technology.  

This is a “once-in-a-lifetime flood of new technology money,” says IDC. They estimated $101.2 billion in technology spending will be generated between 2009 and 2012.

Among the federal tech opportunities that law is expected to impact the most:

● The Social Security Administration’s (SSA) National Computer Center data center modernization—$500 million.

● The SSA’s claims processing program—$490 million. 

● The Homeland Security Department data center, law enforcement communications–$340 million. 

● The State Department’s security and network assurance technologies—$290 million.

● The Institute of Education Science’s high-performance computing and predictive services—$250 million.

● The Veterans Affairs Department data center and information technology services—$50 million.

● The Agriculture Department’s Farm Services Agency data center and systems services—$50 million.

Posted: Thursday, March 19th, 2009 | Business to Government Marketing, Economy, Industry Trends, Research and studies, Technology Marketing
Leave a response | trackback | RSS 2.0 |