The Next Great Govtech Hub: Canadian Opportunities and Five Steps to Consider
This IDC Perspective discusses the opportunities for Canada's next great govtech hub. Govtech can mean a number of different things. It could make up the bulk of the solutions that enable Smart Cities or the traditional technologies that are used to maintain a well-run, well-governed city. The focus of this document, though, is on building a collection and connection of start-ups that eventually, with density, can emerge as a global hub for tech firms focused on government services."While govtech is not necessarily focused on government services, its goal is to create a start-up community that uses government data, government connections, and the ability to validate ideas in a city-sponsored test environment," says Mark Schrutt, strategic advisor, Innovation and Public Sector Research. "Govtech is also about connections with academia and the local private sector with the goal of creating high-paying, knowledge worker professions and attracting more talent and investment in the community."