Startups and businesses that are interested in driving the digital transformation now have greater power and chances, thanks to the accessibility and availability of recent technologies. They have previously demonstrated how digital solutions may change a variety of industries, including those of banking, stores, and marketing. Experts do recognise that while the public sector desperately needs change, entrepreneurs have historically neglected it, as there are many barriers for companies to enter the public sector’s market. Due to this lost opportunity, the Govtech movement has evolved significantly over the past five years, including entrepreneurs and cutting-edge businesses interested in reforming the public sector.
With a global market value of over €350B and a wave of new offices, programs, and accelerators opening at the national, regional, and municipal levels over the past several years, the Govtech sector is gaining traction among Member States in the European Union.
In this regard, Oak Digital Consulting can aid public sector organisations in identifying illegal online content, finding harmful products online, offering more practical mobility options, or comprehending the public health profile of schools by connecting entrepreneurs with the public sector’s needs.
Defining the existing challenge from the public body
Preparing for the design and development contest
Announcing the contest for entrepreneurs
Inviting the participants to submit their ideas
Evaluating the ideas and selection of the best proposals
Signing the contract with the public body
Growth in innovation and adaptability for governments
Alterations to the public IT infrastructure's fundamental design
Intervention in a market that has many barriers to new entrants
Encourage innovation within the EU Member States
Better user experience for citizens
Address market shortage
The company is dedicated to making a positive impact by contemporary research and interacting positively with the general public and political leaders about economic and social issues.
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