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| November 1, 2007 04:42 PM EDT | Reads: |
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RESTON, Va., Nov. 1 /PRNewswire/ -- The Federal Government's top technology opportunities for open-market competition in fiscal year 2008 (FY 2008) are valued at $123 billion, according to reports released today by INPUT, the authority on government business. The top twenty overall FY 2008 federal opportunities indentified a combined value of over $119 billion, not including an additional $4.4 billion in top ten anticipated small business set-aside procurements.
The first of what will likely be multiple FY 2008 continuing resolutions was recently passed in Congress and places much of the federal government in a difficult, yet all too common position. The majority of the large procurements coming out of FY 2008 will be recompeted programs. "Coupled with an increasingly strong-willed Congress, continued war spending and the Bush Administration entering into its lame duck phase, FY 2008 is shaping up to be a year of the status quo," said Arash Ardalan, senior federal analyst for INPUT. "Although there is limited scope expansion given the current appropriations environment, remaining growth segments throughout the market include security, information sharing and infrastructure consolidation."
The small business set-aside arena is experiencing a number of challenges this fiscal year including the familiar pattern of continuing resolutions. "New legislation requiring more regular recertification of business size is putting an increased strain on already struggling agency small business goal achievement," commented Jaime Tomkins, senior federal analyst for INPUT. "An understanding of the increased pressure on agencies for set-aside spending and how it affects acquisition is essential for vendor success."
"Although overall IT spending may be slowing, specific market segments continue to expand," added Tomkins. "While agencies continue to struggle freeing up steady state dollars to invest in new projects, vendors looking to expand market presence should focus on these growth segments."
INPUT's Top 20 Federal Technology Opportunities of FY 2008 and Top 10 Federal Technology Small Business Set-Aside Opportunities of FY 2008 INPUT/Output(R) reports are available on INPUT's website at http://inputreports.input.com/.
About INPUT
INPUT is the authority on government business. Established in 1974, INPUT helps companies develop federal, state, and local government business and helps public sector organizations achieve their objectives. Over 1,300 member organizations, including small specialized companies, new entrants to the public sector, and the largest government contractors and agencies, rely on INPUT for the latest and most comprehensive procurement and market information, consulting, powerful sales management tools, and educational & networking events. For more information about INPUT, visit http://www.input.com/ or call 703-707-3500.
Media Contact: Meredith Lawrence of INPUT mlawrence@input.com 703-707-3687 Proper use of name is INPUT
INPUTCONTACT: Meredith Lawrence of INPUT, +1-703-707-3687,
mlawrence@input.com
Web site: http://www.input.com/
http://inputreports.input.com/
Published November 1, 2007 Reads 1,657
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