G-Cloud News

7th Feb 2013 - G-Cloud Spend to end of December 2013

Spend for December 2013 has now been included.

Highlights are:

Impressive growth - G-Cloud spend per month (£14m) is now about twice that of the entire year in 2012 (£7m)
Spend in December was £11.1m. Expect this to be revised upwards when the Jan 2014 data is released (our guess to about £14m).
Spend in November was revised upwards from £10.5m to £14.0m.
There were many significant revisions of spend data going back to the beginning of the framework - details below.
Total spend is £92.6m with £85.6m being in 2013 (£7.1m in 2012).

Spread of the framework

Forecasts

Total Spend is significantly exceeding our forecasts. Our original forecast was £75m for 2013, revised last month to £80m. It looks like Total Spend will get close to £90m in 2013 when December figures are finalised.
We have increased the forecast spend for 2013 from £80m to £90m
We are holding our forecast spend for 2014 at £150m. However, based on the revised November figures this month - this is likely top be revised upwards. Based on growth rates in both spend and the number of organisations using the framework, £200m+ would not be a surprise in 2014 and £250m is definitely in sight possible.