Federal spending on cloud nearly tripled from fiscal 2013 to 2014, according to a report from research firm Govini. The trend is continuing in fiscal 2015, suggesting that federal fears about cloud security are fading. The report identified four types of software as a service offerings that have shown growth since fiscal 2011.
Specifically, Govini found that from 2011 to 2014 in the federal government:
Spending for cloud-based office productivity software increased from $577 million to $1 billion, or 73 percent.
Customer Relationship Management software spending rose by 30 percent.
Financial software rose only a modest 4 percent, but is among the largest software-as-a-service segments.
Software-defined data services spiked 54 percent during the four-year period.
1. Office productivity: Spending for cloud-based office productivity software increased from $577 million in fiscal 2011 to $1 billion in fiscal 2014, or 73 percent.
2. Customer Relationship Management: Commonly used in the private sector, CRM software spending rose by 30 percent from fiscal 2011. The Air Force, the Department of Homeland Security and the General Services Administration make up 44 percent of the CRM spend in that period.
3. Financial: Though financial software rose a modest 4 percent, but is among the largest software-as-a-service segments.
4. Software-defined data services: The fastest growing segment grew by 54 percent during the four-year period.
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