CIO-SP3 didn’t take a hit during the COVID-19 pandemic, in fact it possibly grew. With an uptick in some buying trends, such as cybersecurity, cloud services, data analytics and workplace productivity tools and solutions, it really did not miss a beat.
With the majority of the workforce working from home during 2020, the need for technology only increased from corporations, which was a benefit to NITAAC. As they plan reflect and plan for growth from CIO-SP3, Brian Goodger, acting Director of NITAAC stated the largest difference between CIO-SP3 and CIO-SP4 is the increase from $20 billion to $50 billion, stating this is largely due to pretty big agency customers. However, Goodger also stated that small businesses are at the heart of NITAAC and this will continue even as they expand. “The number of small businesses will grow and all of the socioeconomic categories will be represented,” stated Goodger.
While the focus is to grow at NITAAC, there is a key focus within the article that there is still opportunity for small businesses, the expansion from CIO-SP3 to CIO-SP4 will likely yield more contractors and in turn, create more competition and services offered at a better price. According to the Small Business Administration, small businesses are the lifeblood of the U.S. economy, they create two-thirds of the net new jobs and drive U.S. innovation and competitiveness. IT modernization is still more important than ever to federal agencies and the increase and improvement to CIO-SP4 focuses on this more than ever before.