Government Technology includes the applications, infrastructure and tools used by government agencies to manage their operations and deliver services to citizens. In light of growing service expectations from citizens and ongoing budgetary challenges, agencies have begun to increasingly leverage technology to accomplish their objectives. While projected growth rates in overall government IT spend are expected to be 3 - 4%, growth rates for innovative, government-focused SaaS providers are anticipated to exceed 20% annually over the next decade. The Government Technology software market has reached a tipping point, offering a highly compelling, opportunity-rich market for established and emerging software providers and their investors.
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