From Nextgov: Federal cloud transition will save $5 billion yearly, CIO says

Kundra says separate bid to kill some data centers will save another $3 billion.

Transitioning about one-fourth of the government's $80 billion information technology enterprise to the cloud will save at least $5 billion annually, federal Chief Information Officer Vivek Kundra told the Senate Homeland Security and Governmental Affairs Committee on Wednesday.

Read the full story on Nextgov.com.