The U.S. federal government spent an all-time high of $64.7 billion on information technology contracts in fiscal 2018, a 9.5 percent increase from fiscal 2017 levels, according to Bloomberg Government’s analysis.
The Defense Department’s IT contract spending grew by more than 12 percent to $33.8 billion in fiscal 2018, while total IT contract spending by civilian agencies rose to $30.8 billion, a 6.6 percent increase. These figures underscore just how central IT and IT contractors are to modern government operations.
Here is a breakdown of the stats:
- Technology Services - rose by 10 percent to $47.4 billion
- Cybersecurity - increased by about 6.7 percent to $6.4 billion
- Digital Services - rose from $3.6 billion to $4.2 billion, a 17 percent increase government wide
- Software Engineering and Agile Development - 7 percent increase
- Data Analytics and Business Intelligence - 24 percent growth government wide
- Artificial Intelligence - rose from $340 million to $592 million
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