Technology CEO Council Recommends Feds Update Technologies to Save $1 Trillion in Costs

The federal government can reduce its operational costs by more than $1 trillion over the next decade by adopting cognitive computing systems and cloud technologies to improve efficiency, the Technology CEO Council said Thursday in a report aimed at the transition team for President-elect Donald Trump. TCC's paper aims to demonstrate that agencies' adoption of current technologies will improve government cybersecurity, efficiency and responsiveness to citizens. “We are living through a period of profound change, where cognitive computing systems and the efficiency of the cloud are transforming entire industries,” said IBM CEO Ginni Rometty in a TCC news release. “Advanced information technologies are providing dramatic competitive advantages to businesses in virtually every industry imaginable,” said TCC Chairman Mark Durcan, CEO of Micron Technology. “We see clear and proven implementation paths where our federal government can take advantage of these same efficiencies. Modernizing our infrastructure is critical to our future as a nation.”