Federal IoT market to reach $3B by FY18

Mark Wisinger

By Kevin Shaker and Mark Wisinger, senior analysts

The internet of things today is what cloud was five to six years ago. A lot of people are interested in it and buying IT solutions that comprise IoT in disparate ways.

This is an exciting time for the IT industry because companies can influence how the market is shaped since it’s still so new. IoT is not a discrete technology but rather a wrapper encompassing many different technologies, and these solutions are ramping up in a big way through the growing amount of sensors and data.

The big picture projection is that $6 trillion will be spent on devices and IoT software across all industries in the next five years, according to Business Insider’s Business Intelligence research. We predict the federal IoT addressable market will hit $3 billion in FY18, up from $2.5 billion spent in FY16.

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Can IoT really make cities smart?

Kevin Shaker_65 x 85By Kevin Shaker, analystsmartcities_011217

A little over a year ago, the Department of Transportation launched its Smart City Challenge, which pulled together federal grant money and private funds to restructure and optimize city transportation infrastructures across the country. Now that the winning cities have been announced, companies with Internet of Things solutions may want to start conversations about what they can offer.

Denver, San Francisco, Pittsburgh and Portland have been awarded grants to implement their IoT plans for establishing the cities of tomorrow. In October 2016, DOT identified these finalist cities, along with non-profit grants totaling $500 million for revamped frameworks. DOT has also committed $100 million for research, development and implementation of automated technologies.

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3 important IT trends to watch in 2017—Part II

Chris Wiedemann_65 x 85civ2017_010517By Chris Wiedemann, consultant

It happens every time a new president takes the reins: People pontificate on what life will be like with the new administration.

Like most business sectors, the Trump administration’s potential effects on the government IT industry is a mystery. But there’s a safe bet that certain public sector IT priorities, like cloud, cybersecurity, analytics and overall IT modernization, will remain the same. You’ll see similar trends at the Department of Defense and the military branches.

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What you clicked on the most in 2016

tim larkins small pic. 67x84top5blogs_123016By Tim Larkins, Market Intelligence director

The Government Sales Insider blog that you’re now reading was just named one of the 50 Must-Read Federal IT Blogs of 2016 by FedTech magazine. It’s an honor to be named among other great sources of information and insight like “Ask the CIO” and “The Spec Blog.”

The award made us reflect on our most read posts of 2016, which is always a great lesson on what’s top of mind for the government IT community. What you clicked and shared the most varied from defense to civilian-focused posts, but two persistent themes were money and procurement trends. Any posts focused on how government organizations are spending their IT budgets and managing their IT portfolios were widely read.

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