Bureaucrats, beware. Citizens, rejoice. DMV lines, disperse. The robots are coming, and they just might get your tags renewed before lunch. At least, that’s the upshot of a new report from insights and advisory firm StateUp, which paints a rosy picture for the global GovTech industry.
Investors have pumped nearly $700 million into the sector since last year, according to the report. This influx of capital represents a seachange for an industry that investors have traditionally viewed with skepticism.