US Needs New Acquisition Tactics For IT Contracts: Report

Law360, New York (February 27, 2012, 8:43 PM ET) -- Federal agencies need to develop new acquisition strategies as they look to move toward greater reliance on cloud-based information technology contracts, with a close eye on issues like cybersecurity, privacy risks and e-discovery obligations, a Friday report said.

The U.S. spends approximately $80 billion dollars on IT each year and it's planning to move 25 percent of its spending to remote, cloud-based storage by 2015, according to a joint report by the Chief Acquisition Officers Council and Chief Information Officers Council. While the shift is expected...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required