Federal Knowledge Management Spending to Increase 29 Percent by 2009, according to a Business Wire press release regarding INPUT's Federal Knowledge Management MarketView Summary.
Here is an excerpt from the press release:
RESTON, Va. --(Business Wire)-- Sept. 22, 2004 -- Broadened Agency Adoption, Homeland Security Initiatives, and Consolidation of Redundant Systems Drive Steady Growth over the Next Five Years
The federal market for knowledge management solutions will grow from $850 million in FY 2004 to almost $1.1 billion in FY 2009, a 29 percent increase in spending, according to a report released today by INPUT, the leading provider of government market intelligence. The projected increase is driven by heightened pressures to eliminate redundancies between agencies, to improve information sharing among agencies for improved homeland security purposes, and to improve overall agency performance by leveraging a broader, inter-agency knowledge base.
K-Collector Topics: Knowledge Management