A report released today by market research firm Input predicts IT firms that qualify for federal set-asides will receive more than $20 billion in government awards in fiscal year 2006, according to the group Feb. 15 release.Input estimates that more than $14 billion in set-aside contracts will be in the professional services area, accounting for roughly 70 percent of the total FY 2006 set-aside awards.“As government solidifies mechanisms for fulfilling set-aside category goals, competition for these prime reserve dollars is increasing,” Megan Gamse, manager, defense opportunities for Input, said in the release. “Last fiscal year, Input tracked more than $11.6 billion in federal technology set-aside opportunities. Given some key programs to help government-wide set-aside goal achievement, total technology set-aside contractual value is anticipated to increase by more than 43 percent from last year.” Input’s estimates are based on the total expected value of contracts awarded in 2006, and for government-wide acquisition contracts (GWACs) and other unspecified delivery contracts, Input based its estimates on the ceiling value. Some of the larger anticipated professional services set-aside opportunities in 2006 are expected on the behalf of the U.S. Army and Airforce, according to Input.Don’t forget to keep checking in at our CIO News Alerts page for updated news coverage. Related content brandpost Resilient data backup and recovery is critical to enterprise success As global data volumes rise, business must prioritize their resiliency strategies. By Neal Weinberg Jun 01, 2023 4 mins Security brandpost Democratizing HPC with multicloud to accelerate engineering innovations Cloud for HPC is facilitating broader access to high performance computing and accelerating innovations and opportunities for all types of organizations. By Tanya O'Hara Jun 01, 2023 6 mins Multi Cloud brandpost Survey: Marketers embrace AI at expense of metaverse investments Generative artificial intelligence (GAI) has quickly rocked the world of marketing. Sitecore polled B2B marketers on their perceptions of GAI. Here’s what they said. By Dave O’Flanagan, Sitecore Jun 01, 2023 4 mins Artificial Intelligence news Zendesk to lay off another 8% of its staff, cites macroeconomic issues The new tranche of layoffs comes just six months after the company let go of 300 staffers and hired a new CEO in order to navigate its operations through macroeconomic distress. By Anirban Ghoshal Jun 01, 2023 3 mins CRM Systems IT Jobs Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe