US Public Sector Market - Opportunity Review
  • The US Federal Government is the largest Information Technology (IT) customer in the world. In Fiscal Year 2007, ending September 2007, the Federal Government will have spent approximately $66.7 Billion. With an average growth rate of 5.6%, it is estimated that by FY2010 the US Federal IT spending will exceed $78B.
  • The State and Local Governments in the USA combined spent approximately $42.5 Billion in FY 2007. With a much more aggressive growth rate of 12% annually, this group will exceed $59B by FY2010.
  • State and local markets will grow at a rate more than twice that of the Federal Government. Some important initiatives driving this growth include authentication, security and e-Government initiatives. The trend toward aggressive e-Government initiatives that cost-effectively improve Government to citizen transactions along with authentication requirement for Transportation workers, First responders and eventually all citizens through the REAL-ID act.
  • We expect GSAdvisors and our client-partners to grow steadily for many years. The market is large and many micro-segments exist that many commercial companies have overlooked because of the complex sales cycles that exist.
  • The Public Sector markets have several barriers that hinder emerging companies to succeed. They include relationship, contract vehicle and incumbency risks. However, overcoming these barriers is a key competency of GSAdvisors’ team. It is our belief that we can help our client-partners save money and increase productivity by leveraging this knowledge.


 

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