US Needs New Acquisition Tactics For IT Contracts: Report

Law360, New York (February 27, 2012, 8:43 PM EST) -- 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...
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