Report from the State of GovTech Market Event in San Francisco on October 27, 2016 in collaboration with the San Francisco Mayor's Office of Civic Innovation, Crunchbase and the Nasdaq Entrepreneurial Center.
**Updated with end-of-year numbers for 2016.
5. Started 1991
$1.48 billion market cap
NASDAQ: EGOV
Started 1991
$1.3 billion market cap
NASDAQ: TASR
Started 1975
$3.45 billion market cap
NASDAQ: MMS
Started 1966
$6.11 billion market cap
NYSE: TYL
6. Technology and social trends are reshaping
the landscape of government.
Technology
β’ Mobile Platforms
β’ Ubiquitous Connectivity
β’ Cloud/SaaS
β’ Big Data/Analytics
β’ Internet of Things (IoT)
Social
β’ Transparency/Open Gov
β’ Structural Fiscal Constraints
β’ Workforce Demographics
β’ App Economy
18. State & Local Government Is an Industry.
There are over 89,000 local government agencies across the country that are
composed of cities, counties, townships and special-purpose government agencies.
19.
20. What is a GovTech company?
GovTech companies are firms that have state, local and federal government as their
primary market focus and derive the majority of their revenues from the public sector.
GovTech companies can be categorized among four domains: