The World Economic Forum today named OpenGov, the market leader in cloud-based budget transparency and reporting for government, to the Forum’s elite annual Technology Pioneers list, which recognizes the world’s most innovative companies.
OpenGov works with more than 350 governments in 40 states to transform how they analyze, share and compare their budget information. The OpenGov platform visualizes complex budget data in intuitive, interactive reports that make it easy for the community, council, and government staff to see how taxpayer money is collected and spent. Internally, the OpenGov platform empowers all members of the enterprise to measure budget to actual expenditures, perform analysis on their data and communicate more efficiently.
“Government is the largest and perhaps most important industry in need of innovation, but for too long it has been underserved by technologists. OpenGov has created the platform to power 21st century government,” said Zachary Bookman, OpenGov CEO and Co-founder. “The immense challenge of building a business for this space and the opportunity to improve how public administration operates excites us. We are honored to be recognized as a World Economic Forum Technology Pioneer, and we’re looking forward to the impact we can make.”
OpenGov was chosen by a professional jury among hundreds of candidates as one of the 49 selected companies. Thanks to its selection, it will have access to the most influential and sought-after business and political network in the world, and be invited to the World Economic Forum’s “Summer Davos” in Dalian, China, this September, or the Annual Meeting in Davos in January.
“We’re glad to see OpenGov make it to the selection,” says Fulvia Montresor, Head of Technology Pioneers at the World Economic Forum. “OpenGov is part of a group of entrepreneurs who are more aware of the crucial challenges of the world around them, and who are determined to do their part to solve those challenges with their company.”
As in previous years, American-based entrepreneurs continue to dominate the list of technology pioneers: they account for more than two-thirds of the recipients, followed by the United Kingdom (4), Israel and the Netherlands (2), and individual recipients of Canada, Germany, Ireland, Italy, Sweden and Taiwan, China. France and Spain were among the countries not counting a recipient.
The Technology Pioneers were selected from among hundreds of applicants by a selection committee of 68 academics, entrepreneurs, venture capitalists and corporate executives. Notable members of the committee include Arianna Huffington (founder, Huffington Post) and Henry Blodget (editor-in-chief, Business Insider). The committee based its decisions on criteria including innovation, potential impact, working prototype, viability and leadership.
Past recipients include Google (2001), Wikimedia (2007), Mozilla (2007), Kickstarter (2011) and Dropbox (2011). More information on past winners can be found here.
Published: August 5, 2015