| By Salvatore Genovese | Article Rating: |
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| December 15, 2009 10:45 PM EST | Reads: |
8,367 |
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, an 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?
Published December 15, 2009 Reads 8,367
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More Stories By Salvatore Genovese
Salvatore Genovese is a Cloud Computing consultant and an i-technology blogger based in Rome, Italy. He occasionally blogs about SOA, start-ups, mergers and acquisitions, open source and bleeding-edge technologies, companies, and personalities. Sal can be reached at hamilton(at)sys-con.com.
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