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Agencies Cut Billions in IT Spending
OMB Director Jeffrey Zients announced projected IT savings to the tune of $2.5 billion.
Agencywide reviews of information technology spending project government savings of $2.5 billion during the next three years, Office of Management and Budget acting Director Jeffrey Zients said in a blog post Wednesday.
The savings will come from 98 plans developed during PortfolioStat review sessions aimed at rooting out unnecessary, underperforming and duplicative programs and shifting to bulk-buying contracts with lower per unit costs, Zients said.
PortfolioStat, launched in March, was a successor to TechStat, a program of adapt-or-perish reviews for individual technology contracts that officials said has saved at least $4 billion since 2010.