The US General Services Administration (GSA) plans to sign a massive new contract that will give all federal agencies access to cloud infrastructure, platforms, software and other services.
The GSA is preparing to lead the acquisition of a government-wide cloud solution to help agencies “implement secure, seamlessly integrated commercial cloud service offerings to replace legacy enterprise IT services and products,” said one May 13th Press release.
The move represents a significant opportunity for federal cloud service providers and companies that provide professional support services for the cloud. Nationwide spending on cloud services rose to a record high $ 6.9 billion in fiscal 2020 based on the Bloomberg government market definition. Based on historical spending trends and the Biden administration’s aggressive stance on cloud adoption, BGOV estimates that a new government-wide cloud contract could generate at least $ 1 billion annually.
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