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Move Over Silicon Valley: Government in The Platform Economy

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Platforms are not just a private sector phenomenon. Government as a platform models are emerging too. They are different from industry-specific business platforms that enable fairly straightforward supply and demand connections. Government is positioned to orchestrate much broader, multi-sided platforms that connect government, businesses, citizens and civil society to improve economic and social outcomes.

By investing in the core infrastructure, providing data and analytics, and managing incentives, governments can anchor self-sustaining platforms to drive productivity and efficiency—accelerating innovation and economic growth for their nations. The implications for the future of public value creation are far reaching.

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Move Over Silicon Valley: Government in The Platform Economy

  1. 1. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.
  2. 2. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Platforms are not just a private sector phenomenon. Government could soon be the most transformational player yet. GOVERNMENT MEETS DIGITAL PLATFORM Government as a platform models are now emerging, and they are different from industry-specific business platforms that enable fairly straightforward supply and demand connections.
  3. 3. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. EVERYONE TOGETHER Government is positioned to orchestrate much broader, multi-sided platforms that connect government, businesses, citizens and civil society to improve economic and social outcomes.
  4. 4. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. NEW TECHNOLOGY FOUNDATION By investing in core infrastructure, providing data and analytics, and managing incentives, governments can anchor self-sustaining platforms to drive productivity and efficiency – accelerating innovation and economic growth for nations. The implications for the future of public value creation are far reaching.
  5. 5. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. NEW NATIONAL INFRASTRUCTURE Digital investments are today’s economic growth multipliers. To take advantage of government as a platform opportunities, agencies must make changes to policy, practice and partnerships – and even to the role of government in a market economy. • Platforms are the new national infrastructure in the digital world. • Every agency must evolve from a compliance to an economic development focus. • While fostering innovation and growth, agencies must also continue to ensure fair competition, safeguard consumer interests and manage externalities in delivering public services.
  6. 6. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. GOVERNMENT CAN’T The private sector knows how important government as a platform can be. • 91% of public service leaders think that engaging in digital partner ecosystems is critical • Smarter investments in digital could generate $2 trillion in additional economic output by 2020 • 80% of large companies say it is important to collaborate with government to drive innovation and growth in the next 3 years
  7. 7. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Change starts by applying core digital platform principles internally and then looking outward in several key areas: TECHNOLOGY Agencies need to open up government systems and create a scalable, cloud- based infrastructure with open APIs so that platform players can plug in. 1. CHANGING GOVERNMENT
  8. 8. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Change starts by applying core digital platform principles internally and then looking outward in several key areas: MARKETS Government must assess markets like venture capitalists do, understanding where the next big thing is coming from, identifying the sweet spots to disrupt value claims. 2. CHANGING GOVERNMENT
  9. 9. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Change starts by applying core digital platform principles internally and then looking outward in several key areas: DIGITAL TRUST Government must strengthen public confidence in cyber security, data privacy and fraud protection. 3. CHANGING GOVERNMENT
  10. 10. Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture. Change starts by applying core digital platform principles internally and then looking outward in several key areas: POLICYMAKING Policies must be right and relevant to manage risk and compliance while shepherding growth opportunities. 4. CHANGING GOVERNMENT
  11. 11. Learn more about government as a platform models and the real and lasting impact they might have with our full report: @AccentureStrat Follow us on LinkedIn Move over Silicon Valley: Government in the Platform Economy Copyright © 2017 Accenture All rights reserved. Accenture, its logo, and High Performance Delivered are trademarks of Accenture.

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