Most big federal agencies do not have complete inventories of their IT assets, which means they are missing opportunities to identify savings, creating security risks and not complying with the Federal IT Acquisition Reform Act, according to a Sept. 29 Government Accountability Office report.
Federal IT spending accounts for more than $80 billion of the budget, and much of it goes to maintaining legacy systems. Application rationalization — the process of streamlining a portfolio by reducing complexity and redundancy — can save money.
