GOVonomy

GOVonomy is a no cost strategic technology sourcing initiative for the US public sector.
History
Nitin Pradhan, the former CIO of US Department of Transportation (US DOT) and Ty Gabriel, a Silicon Valley entrepreneur conceptualized GOVonomy in 2013 as an “Amazon like” online technology broker, to match the needs of the US public sector with solutions from technology growth companies. GOVonomy stands for Government + Economy. The broad social goal of GOVonomy is to drive public value through private growth.
Audience
GOVonomy is headquartered in Silicon Valley, California and has presence in Reston, Virginia, a suburb of Washington, DC. GOVonomy initiative serves the annual $200 billion US public sector technology market, which includes federal, state and local governments, K-12 institutions, universities and college systems, non-profits and international organizations based in USA.
Concept
GOVonomy’s goal is to drive increased public value by regularly researching, locating and introducing targeted product technologies from growth companies to address the challenges and opportunities facing the public sector. GOVonomy connects public organizations with technology growth companies in areas including information technology like unified email management and cloud computing; mission support like HD video conferencing; and grant system mission systems like inspection management; and leadership like mentoring system and helps arrange strategic discussions, demonstrations and pilots for increased understanding, education, purchasing and integration. GOVonomy expects these connections between public and private sectors to drive innovation and new technology integration in the US public sector while also helping revenue generation for technology growth companies. Any growth technology company with a high-quality product can apply to join the GOVonomy initiative through the online GOVonomy platform for free. Such technology vendors must be qualified and approved to sell to the US public sector, demonstrate they can address the requirements of the public sector, have the product available and have sold it to the private sector, and finally have commercial pricing, support, and maintenance structure in the US.
Custom Built Vs. COTS Solutions
The public sector technology procurement process is predisposed towards custom built solutions, sometimes even duplicative, which are therefore costly to develop, time-consuming to test, difficult to maintain, and expensive to upgrade. GOVonomy instead promotes product technology growth companies, which distribute the cost of development, testing, maintenance, and upgrade over a large number of customers GOVonomy postulates that the public sector would be better served if it could identify, assess and use Commercial Off-The-Shelf (COTS) products from such growth companies than custom development. GOVonomy’s analysis suggests that even though government buyers have large technology budgets, they have little success in locating and attracting innovative growth companies to submit proposals because growth companies have few resources and little experience to create public-sector marketing programs and educate governments about their products.
Strategic Sourcing
GOVonomy helps the government’s strategic sourcing via three services, which are offered at no cost to the US public sector:
Innovation as a Service
Regularly discovers, assesses and introduces new technology products from growth companies relevant to the public sector based on its publicly know needs.
Strategic Tech Sourcing
Understands the specific government agency needs, challenges, and opportunities first and then researches, assesses and introduces relevant products to the agencies.
Public Private innovations
Facilitates creating new technology companies to develop products focused on unmet government needs with no or little public sector funding.

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