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$1 Billion Spent on Data Processing in 2020

If your business is data processing, hosting or related services than you may have an opportunity to sell to the US government.

This year the US Government has already spent over $1 Billion dollars on various products and services in this industry (see the attached graph for a 2020 breakdown by agency). In 2019 over $2 Billion Dollars was spent and the number seems to be trending up.

Specific types of services federal agencies are purchasing are:

Application hosting Optical scanning services Web hosting Computer data storage services Video and audio streaming services

Computer input preparation services

Microfilm imaging services

Computer time rental

A strong business development plan can help identify potential government customers for small companies. By matching federal agency mission sets (and historical spending data) with the service or product your company offers is a great way find potential government customers!

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