Establishing a future-ready organization has become a long-standing goal for every public sector organization. In this pursuit, CIOs are undertaking new digital initiatives that deliver value to diverse and evolving needs, scale operations, support new workforce trends, and sustain the momentum of digitalization. This serves as a lucrative opportunity for a host of startups to offer the latest, innovative government technology solutions.
A recent report by Reportlinker.com states that the global smart government market is projected to reach $28.71 billion in 2022 at a CAGR of 19.26 percent and $58.08 billion in 2026 at a CAGR of 19.27 percent.
What fuels this growth is a spate of startups leveraging the latest wave of digital technologies to deliver best-in-class solutions to government agencies worldwide.
These startups are providing advanced digital identity solutions to meet governments’ expanding need for identity proofing, bring your own identity (BYOI), identity wallets, and identity ecosystems. Startups are also recognizing the capability of Case Management as a Service (CMaaS) in building institutional agility in governments and applying composable business principles to modernize case management systems. To assist governments in their efforts to deliver seamless public services, startups are capitalizing on hyperautomation. This eliminates siloed tasks and improves the efficiency of public services.
This edition of Govt CIO Outlook highlights the key developments in the space and how startups are leveraging them to deliver innovative solutions. We have curated thought leadership articles from industry experts, including the Founder and CEO, CustEx and Managing Partner, Wavemaker Partners.
We also took a deep dive into the market trends to narrow down the list of startups delivering robust government tech solutions. Equipped with innovative technological capabilities, these enlisted startups, including Curate, Federal Compass, Hayden AI, and SJ Technologies, help transform businesses at the cloverleaf of various disruptive technologies.
We hope this edition of Govt CIO Outlook on Govt Tech Startups will help you build the partnership you and your organization need to foster an environment driven by efficient technology.
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