Trump expected to cut federal IT spending
President Donald Trump said this week that the federal budget is a "mess" and is promising to make it leaner. This means that federal IT spending -- now at $81.6 billion -- is likely to see cuts, analysts said.The Trump administration is still filling top technology policy positions, including replacing former federal CIO Tony Scott, who left last month. Scott, a former CIO of Microsoft and The Walt Disney Co., was appointed by President Barack Obama in February 2015.For now, all eyes are on former U.S. Rep. Mick Mulvaney (R-S.C.), Trump's just-confirmed budget director. Elected in 2010, Mulvaney was part of the Tea Party wave and a member of the conservative House voting block, the Freedom Caucus.To read this article in full or to leave a comment, please click here
Lo is known for identifying promising markets and launching thriving startups.
The public cloud is taking its toll.