Growing at a compounded annual rate of over 5%, the total IT outsourcing from US government sector is expected to reacg 18 billion US $ by 2011, according to a report, as mentioned by PTI.
The news item further states that there will be a shift within the federal market from government-owned and operated models towards a contract oriented approach.
This shift and increase in outsourcing will be partly fuelled by federal IT workforce shortage and the Iraq war. A significant portion of the federal technology related workforce is nearing retirement age.
The most significant growth areas in outsourcing will be seen in business process outsourcing (BPO) and application outsourcing, according to the report.
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