Market Potential The GovTech market in the UK is substantial and growing. The UK government is one of the largest employers in the country, spending billions of pounds annually on various services and initiatives. In the 2020-2021 financial year, the UK government’s total managed expenditure was approximately £1,094 billion, with a significant portion allocated to […]
Introduction GovTech, the modernisation of public sector organisations through technology, has significant implications for startups and scaleups. For many tech companies, selling to the government is an attractive market due to lucrative, long-running contracts that are less likely to be cancelled compared to other sectors. The large and complex nature of public organisations often requires […]
In the rapidly evolving GovTech sector, finding the right investors is both an art and a science. It’s about aligning innovative public sector solutions with capital that not only seeks financial returns but also appreciates the unique challenges and opportunities of government technology. This short post explores the intricacies of securing investment for GovTech ventures, […]
Happy New Year from the Scottish GovTech Cluster! Introduction As we step into 2024, the landscape of GovTech in Scotland stands on the brink of transformative change. The confluence of emerging technologies and innovative applications is reshaping how governments interact with citizens, manage resources, and deliver services. In this month’s post, we explore the exciting […]
As 2023 closes, global government innovation labs, civic technology hubs and visionary public sector leaders gaze hopefully towards the months ahead, sensing government technology and digitally-driven policymaking are poised upon the cusp of a new transformational era. From advanced integrations of artificial intelligence across bureaucratic operations and service delivery to breakthroughs in participatory policy design […]
An earth-shaking revolution in artificial intelligence is afoot that promises to reshape government technology as profoundly as the web browser or iPhone did decades ago. 2023 appears poised as a breakout year for integrations of generative AI across the public sector tech stack and digital government services in ways that could redefine civic infrastructure everywhere. […]
Government organisations at all levels across many countries are urgently working to modernise legacy backend systems and paper trails. A wave of digital transformation initiatives aims to introduce new websites, applications and automated workflows to greatly improve citizen access and ease of use when interacting with the state. However, without thoughtful user-centric design carefully crafted […]
GovTech – the use of hot technology to enhance the delivery of governmental services and upgrade civic infrastructure – is an explosively growing sector at the intersection of innovation and public sector mission. Accenture analysis indicates GovTech could become a £320 billion global market by 2025. Underpinning this rise are cutting-edge technologies being deployed to […]
Scotland has seen a surge of innovation and entrepreneurship in GovTech – technology companies aimed at providing services and solutions for governmental agencies and the public sector. As these Scottish GovTech start-ups seek to expand and scale their impact, a key priority becomes raising investment and financing to fund growth. However, the Scottish ecosystem has […]
As we journey through the 21st century, the swift and relentless tide of technological innovation has not only left a permanent imprint on the business landscape but has also begun to transform the public sector across the globe. This transformation has given rise to a burgeoning ecosystem known as Government Technology, or ‘GovTech’ for short. […]
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