“Governmentwide spending on information technology development, modernization, and enhancement, or DME, is expected to drop slightly in fiscal 2020 compared with investments in the previous year, according to a Bloomberg Government analysis.”
“In fiscal 2020, federal agencies are budgeting $14.5 billion for DME, or about 21 percent of their self-reported IT budgets. This represents a modest decrease from the $15.6 billion agencies allocated to IT DME for fiscal 2019, representing about 23 percent of IT budgets.”
“In fiscal 2020, agencies will allocate $54.7 billion for operating and maintaining existing IT investments, a category known as O&M. Agencies reported that they intend to invest $2.5 billion more on IT O&M than they planned in fiscal 2019…”
“A senior administration official who asked not to be named because they were not authorized to speak on the record, told Bloomberg Government that gaps in the government’s IT portfolio data are due to agencies’ multiyear transition to…” Read the full article here.
Source: IT Modernization Funding Expected to Fall in FY 2020 – By Chris Cornillie and Laura Criste, April 25, 2019, Bloomberg Government.
