Modernizing the Budget Process to Reflect Modern Technology Realities

 

Modernizing the Budget Process to Reflect Modern Technology Realities

Friday, April 11th, 2014 - 12:15
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Fiscal constraints will challenge government for the foreseeable future.

While this might seem daunting, budget pressures can foster opportunities to innovate, offering powerful incentives to rethink traditional approaches to mission support and service delivery. Within this context, it is critical to identify innovative ways to reduce costs while maintaining and improving performance. In addition, rethinking how to finance information technology (IT) and other investments can help agencies leverage rapidly evolving offerings in areas ranging from cloud and “as a service” computing models to real-time review and response to cybersecurity threats. Finally, government can reap the benefits of innovation and efficiency through a more refined approach to measuring and capturing cost savings.

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