Public Sector Is Hot: IT Services Providers Take Note

The public sector is certainly hot these days – definitely in the hot seat, in hot water.  Concerns about public sector finance persist, with the discussion in some cases targeting specific causes beyond just vague notions of overspending.  The Economist recently came down pretty hard on public sector unions.

However, for some tech vendors, the public sector really is hot – as in a hot opportunity.  Despite revised earnings and warnings about public sector forecasts by some tech vendors, others are instead optimistic.  Steria, a French IT services company, is not too concerned about the lingering malaise of the public sector, although it has not been immune to the crisis. A UK public sector spending moratorium in 2010 brought all projects of more than £1 million to a temporary halt, for review.  Steria and other suppliers and service providers held their breath through much of the fall. 

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