Would You Risk Bad Data?
If you're lucky, poor data will only make you look inefficient, but if you're unlucky, it will make a real mess of your business.
Building services on data means that you need to trust and understand the data you receive. To be sure that it is the best it can be, to know the weak points, and ...
Data and Public Procurement.
There are some good reasons for including procurement data in your alternative data strategy.
Governments are big and getting bigger. Before the pandemic, they spent $13 Trillion per annum with their suppliers.
They spend money on everything from aerospace to zoology.
Most importantly, governments pump out millions of rows of data on what they want to purchase, what they ...
Ensuring Data Integrity.
Not all data is the same. It might have come from the same source, but how it gets treated is vital. If a data company doesn't have good data hygiene practices things can get messy very quickly, making it hard to understand the data or undermining your valuable analysis.
Always know where the data came from ...
Collecting Data For Sustainable Procurement In Construction
Over the last few weeks we have been looking at setting a sustainable procurement framework in the construction industry, and what kind of data is needed to assist with this process. In this article we will look at how to best collect data. Specifically, we introduce some of the methods that can be used to collect ...
Selecting Data For Sustainable Procurement In Construction
It is estimated that around 40-50% of natural resources are transformed into construction material, and that as much as 30% of all building materials delivered to a construction site end up in waste. To minimise this, it is important to ensure that the procurement process allows for careful and detailed planning of resource use during the ...
Why Is Sustainable Procurement Important For The ICT Sector?
The extraction of raw materials, manufacturing, transportation, use, and disposal of ICT products is associated with a number of environmental, social, and economic externalities.
The extraction and disposal of minerals used in the ICT sector are associated with material toxicity and resource depletion. It is estimated that, although e-waste generated in the ICT sector accounts for only ...
Goodbye KPIs, Hello Data Quality
There’s a truth to Tom Peter’s famous quote “what gets measured, gets done”. Peters was a writer and thinker on management practice who advocated the use of quality measures, today we refer to these quality measures as “Key Performance Indicators” or KPIs.
In 1986 when Peters encouraged executives to adopt a mindset of measurement and performance, the ...
Analysis Is A Service.
Understanding a market or a phenomenon has to account for when something happened.
If you build an analysis that says 20% of records were published with missing data, the inevitable next question is “how do we put that into context”?
In other words, is 20% bad or good?
That will mean conducting the same analysis at a different time. ...
Solving Search
Search is difficult.
By that we mean building a service that delivers the right information to people who are searching for it.
In our world of searching for business opportunities, there’s a range of tools and techniques that can be used to make search more rewarding for users.
Let’s first understand the problems. It is common for users to ...
You Can Shove Our Data……
Right into the heart of your business.
That’s right, we want you to put our data in your own database.
We don’t put our data behind a web page or try to limit who can view it.
We don’t try and tell you what you can do with the data, or whether you can link it to other data.
We ...
Aus. Audit Office Taking Submissions
A few months ago we wrote about the Australian National Audit Office (ANAO) investigation into the procurement practices of government-funded infrastructure.
The ANAO has now launched a new inquiry into the Digital Transformation Agency (DTA) and their procurement of ICT-related services. The DTA came under fire back in 2020 by the ANAO for the way it established ...
The Key To A $13trn Market Is Just A Login Away
Developers are a precious resource. You want them deployed on the most critical projects and for their time to be best used.
But what if you had the data on a server ready to go? If your only barrier to millions of tenders, contracts and spend records is a login and password ? What if this data ...
Bad Data Is A Choice
You can’t run a good service on bad data.
It doesn’t matter if you’re in government, a hedge fund or running a small charity. Today the information you need to run a service relies on data.
That means running a database. Not just having a database, but maintaining it and managing it so that your organisation can make ...
Intelligent Procurement Fraud Is Coming.
Are you ready for artificial intelligence fraud?
We've already written about the almost magical capabilities of artificial intelligence here.
We're using it to augment millions of documents. We're using it every day, creating cleansed, enhanced data that would take humans hundreds of years to process manually.
The latest natural language processing algorithms are completely changing our relationship with text. ...
What Do You Want To Predict?
Machine learning is changing the world.
Spend Network is already using machine learning to categorize all of our documents. The results are stunning. Hundreds of millions of documents can be labelled with highly accurate categorisations in a matter of hours.
Doing the same work manually would have taken 852 years.
Let that sink in.
An algorithm can enhance and augment ...