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Government dollars for IoT: Large and unbalanced

Government dollars for IoT: Large and unbalanced

December 4, 2017

Via: FCW
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Over the past several years, the government has made significant progress is the adoption of connected devices, along with the software and security that helps make them run. According to a report by the contract and spending analysis firm Govini, the federal government spent nearly $9B in 2015 on technologies that cover the IoT landscape.

Unfortunately for smaller innovative vendors and the civilian sector of the federal government, much of the spending is consolidated within the Department of Defense and among a few large vendors. According to the same report, for devices and sensors alone, 88 percent of the spend was through the DOD and 68 percent of the contract dollars were awarded to only five vendors.

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