SEC 'Forces Innovation' With New Data Science Program and a Massive IT Contract

NextGov: The Securities and Exchange Commission is overhauling the way it purchases IT services in an effort to speed up acquisition, reduce costs and hopefully make the agency more attractive to the next generation of techies, according to its top tech official.

The commission in January began accepting bids for the Office of Information Technology contract, dubbed One OIT, a $2.5 billion enterprisewide vehicle that will modernize the way SEC purchases IT infrastructure, data analytics tools, application development and address virtually all other technology needs for up to 10 years.

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