The public sector is the most significant part of the economy and for the nations to grow effectively, it has become essential to focus on effectiveness, efficiency, and innovation in the way government works. The emergence of the GovTech market is revolutionizing the operations of the government by bringing efficiency and transparency through state of the art technologies into age-old workings of the government. According to Gartner, GovTech is a $400 billion market globally and it is contributing in disarming the legacy systems, paper-based processes, on-premise infrastructure, and outdated technology that were extensively used in the public sector.
GovTech startups are bringing in new and innovative technologies in the public sector to improve the way demands are met and delivered to the citizens. GovTech startups are developing hardware and software tools using modern applications and technology stacks for governments to become more efficient and responsive. Using cloud-based technology, endless customizations, sentiment analysis, impact measurement, and GIS solutions; GovTech startups are transforming the public sector operations and creating an opportunity for the government to provide better and faster services at reduced costs.
The technological innovations brought in by the GovTech startups will help governments to facilitate a dynamic environment by working closely with entrepreneurs, investors, corporates, local businesses, and other interested players. This would also increase accountability and transparency in the government’s working and drive the government-citizen interaction.
To help the governments to adopt these new technological innovations into its operations, our distinguished panel comprising of eminent CEOs, CIOs, VCs, and analysts, along with Gov CIO Outlook’s editorial board has assessed several Government Technology Startups and shortlisted the best in the field.
We provide to you “Top 10 Government Technology Startups - 2018.”