How can tech companies procure business within the Government sector?
Insights on Winning Government Contracts for Small Businesses!
‘Government-as-a-Platform’ has become quite a popular term in the recent times. The advancements in the technology are creating newer opportunities for the public sector. It will transform their working and enhance their service delivery. Not only that, it aims to help the government to balance the costs and services.
A digital platform designed to streamline government operational and administrative tasks is the best thing since sliced bread. With the technologies like IoT (Internet of Things), AI (Artificial Intelligence), and the speed of 5G knocking the doors, the future seems to hold a great potential.
A government can never be free from the pressure of budget cuts and shifting citizen expectations. They are always looking for ways to enhance the outcome with limited resources.
On the other side, we have tech startups and SMEs bidding to support the government and in turn, also make a place for themselves in the market. The recent Digital Marketplace report states that the small-to-medium sized enterprises have acquired 48% of the total digital services sales until the year 2017. The government contracts for small businesses via the G-Cloud framework account for around £1.4bn since it was formed. And, the figures are increasing every year.
From 2012 to till now, the government and other public sector organisations have spent more than £3bn on digital, data and technology services. The new version of G-Cloud 10 is estimated to be worth £600 million. New companies have a huge scope to bid and win the contracts to support efficient and effective public services. Thanks to the tech firms that work with the authorities to ease their work as well as benefit the citizens. But, it doesn’t come that easy!
The race to winning government contracts for small businesses has its own rules and procedures. Mark Eves, the CEO of iTouchVision, has worked closely with the local councils and the government authorities to reform their working. He shares his experience of what it looks like to enter the market and work with the public sector organisations.
Here are the expert insights from our conversation-
Prepare. Personalize. Provide.
In 2016/17, CCS (Crown Commercial Services) was successful in delivering £725 million in savings for the government including commercial benefits for taxpayers with the digital frameworks. Considering these figures, there is more to explore for the government and the tech firms. Both need to work together to bring the desired change. For the tech firms, they really need to be up and prepare with proper research, personalize the product plan accordingly and provide a solution that addresses the pain points. We have always followed a standard, flexible, and timely approach to help our clients. No doubt, it has always been a great experience.
Let’s go digital!