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Transportation Dept. Creates Online Technology Exchange

by
August 23, 2011
FedCyber Wire, Technology
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via Information Week Government

The Department of Transportation (DOT) has launched an online exchange to connect the federal government with private stakeholders–particularly venture capitalists and other investors–to create technology innovations in the transportation community.

The move is yet another example of the effort federal agencies under the Obama administration have made to engage the private sector to come up with ideas for using Web 2.0 technology more creatively, as well as trying to find ways to commercialize those innovations.

The Digital Transportation Exchange (DTE) is aimed at connecting “citizens, businesses, state and local governments, industry, entrepreneurs, researchers, and investors” to create a “thriving online marketplace for the agile creation of transportation solutions,” according to a blog post about the site by DOT CIO Nitan Pradha.

Continued here.