The North Texas Innovation Alliance is partnering with Marketplace.city to help to source and evaluate technology solutions and financial models to unlock new revenue sources.
The North Texas Innovation Alliance (NTXIA) is partnering with Marketplace.city to find new ways of accelerating innovation.
The regional consortium comprises nearly 30 municipalities, agencies, companies and academic institutions across North Texas, which seek to source and evaluate technology solutions and financial models that help the public sector unlock new revenue sources.
The NTXIA’s mission is to create the most “connected, smart and resilient region in the country”.
Marketplace.city helps state and local government source, evaluate, and procure technology products and services. Free for governments to use, it provides market data, case studies, pricing, and procurement vehicles across all technology verticals into procurement process. It claims that governments can contract at lower cost, using fewer resources in less time, therefore lowering the risk of technology initiatives.
“A top priority for our membership is to focus on revenue generating solutions and financial models that aid in economic recovery and propel transformative projects forward,” said Jennifer Sanders, executive director of NTXIA.
She continued: “NTXIA members have committed to a regional approach because they know that residents’ lives don’t stop at municipal borders and solutions for mobility, digital connectivity, infrastructure resiliency, and others need to be regionally addressed to be effective and sustainable.”
As local governments nationally continue to adapt to evolving resident expectations, budget shortfalls, aging infrastructure, and emerging technology to improve service delivery, North Texas wants to emerge as a leader to stay on top of trends and to commit to innovative, research-based solutions.
Among the areas the group is hoping to explore are asset and data monetisation, equitable fee structures, and service efficiencies. The group hopes to have solutions that touch many functions and departments internally and externally.
“We know that the government needs to continue to evolve to meet resident and business needs,” said William Zielinski, chief information officer, City of Dallas. “Balancing a commitment to innovation and agile development with prudent stewardship of funds requires a well-informed approach. 2020 brought a renewed urgency to embracing new processes and structures, and continuing this momentum will realise economic growth and access to services that help both Dallas residents and our region prosper.”
“A top priority for our membership is to focus on revenue generating solutions and financial models that aid in economic recovery and propel transformative projects forward”
NTXIA was created to accelerate aligned and innovative solutions by bringing cross-sector partners together to improve quality of life, inclusive economic development, and services for residents, visitors, and businesses across the region. Areas of focus in the coming 12 months include digital infrastructure and access, mobility, resiliency, financial models and procurement, economy and workforce, and digitisation.
NTXIA said that any company with a technological solution that can be used to help government enable or capture revenue should submit their information through a vendor response form.
“This is a topic that has been bubbling at the surface for a while now as states and municipalities deal with changing budget sources,” added Andrew Watkins, Marketplace.city president and chief operating officer. “It is really exciting to see North Texas take a leadership role. I know many other regions and cities are looking forward to reviewing and pursuing these solutions as well.”
The submissions will be analysed and shared in a comparative format through Marketplace.city’s Clearbox process, to allow government stakeholders to see the different options and share internally.
“Adequately funding smart city solutions while also ensuring enough of our limited resources are allocated towards meeting traditional service delivery obligations can be a challenge for local governments,” said James Childers, assistant city manager of Irving. “We look forward to engaging with innovators to explore creative ways to generate additional revenue that will help move our organisation forward into the future through the use of data and technology.”
The founding members of the North Texas Innovation Alliance include Dallas County, Arlington, Dallas Fort Worth International Airport, Dallas Innovation Alliance, Dallas Regional Chamber, North Texas Council of Governments and the Texas Research Alliance. The NTXIA is a member of Mastercard’s City Possible network, a community dedicated to advancing inclusive and sustainable development through collaboration.
You might also like: