Agencies Initiate IT Cut-And-Invest Strategy

Jason Miller | Federal News Radio | October 29, 2012

The Office of Management and Budget got its first glimpse into whether agencies would be able to cut 10 percent of their IT budgets, and how they would like to reinvest at least 5 percent of it in fiscal 2014.

While the White House still is creating next year's budget, agencies used the initial round of PortfolioStat sessions to identify 98 areas where they thought they could save real money by consolidating IT systems or by implementing better buying processes.

Steven VanRoekel, the federal chief information officer, said agency PortfolioStat strategies focus on a discreet set of commodity IT investments, but the spirit of cutting to invest is coming through...