How Private Sector Best Practices Can Save Taxpayer Money - Slide 2

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The government’s costs of operating information technology systems are higher than they need to be – in some cases by more than a factor of two. Significant savings can be realized if departments and agencies employ proven methods to reduce overall costs of IT ownership.

The federal government currently spends approximately $76 billion to support its widely dispersed IT assets. The Technology CEO Council estimates that at least 20 to 30 percent of that spending could be eliminated by reducing IT overhead, consolidating data centers, eliminating redundant networks and standardizing applications.

Cost savings estimate: $150-200 billion over the next 10 years.

According to the Technology CEO Council, America’s growing national debt is undermining our global competitiveness. How we choose to confront and address this challenge will determine our future environment for growth and innovation. They suggest that by adopting commercially proven best practices to maximize operational productivity, the government can save over $1 trillion by 2020, while enhancing the services it provides citizens and laying a foundation for future innovation and growth.

This slideshow offers their list of seven specific initiatives where technology-enabled productivity solutions can make a material difference.

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