Forecast: IT spending to rise

Forecast: IT spending to rise

A budget projection by the Government Electronics and Information Technology Association (GEIA) predicts that total federal spending on information technology will increase by 1.7 percent annually over the next five years, with civilian agencies outpacing the Defense Department.

For fiscal 2001, agencies have requested a total of $38.9 billion for IT, said Mary B. Freeman, GEIA's budget forecast chairwoman and a market research manager at Verizon Communications Inc.'s federal division in Bronxville, N.Y. The total is expected to rise to $42.4 billion by 2005, she said.

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