Federal agencies spent a record-breaking $64.7 billion on IT contracts in fiscal year 2018, up 9.5 percent from the year prior, according to a Bloomberg Government analysis of data from the Federal Procurement Data System.
The Defense Department's IT contracts in 2018 were the highest ever at $33.8 billion, before adjusting for inflation — the highest its been since 2012, according to FedScoop.
Eight IT contract areas that saw growth across federal agencies in 2018:
- Technology services: $47.4 billion, up 10 percent
- Cybersecurity: $6.4 billion, up 6.7 percent
- Cloud services: $4.1 billion, up 9 percent among civilian agencies and 30 percent among defense agencies
- Digital services: $4.2 billion, up 17 percent
- Software engineering and agile development: $4.4 billion, up 7 percent
- Data analytics and business intelligence: $2.6 billion, up 24 percent
- Artificial intelligence: $592 million, up 74 percent
- Other transaction agreements: $4.2 billion, up 83 percent