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Jeff Zients: PortfolioStat to Save $2.5B in IT Costs Through 2015

Jeff Zients

The PortfolioStat program will save the government $2.5 billion in information technology costs for the next three years, White House Deputy Management Director Jeff Zients wrote in a blog post Wednesday.

Zients said agencies can achieve this goal through merging duplicative systems, bulk buying and finishing or streamlining off-track projects.

PortfolioStat was launched this year to continue savings efforts under the IT Dashboard and TechStat programs.

Federal agencies enrolled with PortfolioStat collected and assessed the baseline data of 13 IT commodities such as infrastructure, business systems and enterprise IT, areas Zients identified as potential avenues for savings.

Zients wrote the Office of Management and Budget compared spending patterns across agencies and used private sector benchmarking to create the list for cutting duplication and spending.

Deputy secretary-led PortfolioStat sessions and the federal chief information officer reviewed the findings and identified 98 opportunities for IT efficiency including consolidating multiple email systems.

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