Artificial Intelligence Poised to Transform Public Procurement
Our CEO, Ian Makgill, recently discussed imminent AI impacts on public procurement in an enlightening The Trowers podcast. Rapid advances in generative language models like ChatGPT foreshadow revolutionary change ahead. Yet governments have scarcely begun responding, given the swift pace of progress. Ian explored both challenges and opportunities from AI alongside transparency and data improvements still ...
All About the £480m NHS IT Deal
The US analytics and AI firm Palantir, partnering with Accenture, could be awarded as the £480m Federated Data Platform (FDP) procurement winner. The announcement is expected after ministers signed off on the decision.
Palantir, the current supplier for FDP, was widely seen as the favourite throughout the procurement process. Its main rivals were Oracle and IBM.
Background on ...
Blockchain falls out of favour
Not long ago, blockchain technology was touted as the go-to technical solution to a raft of government problems. From social security to smart contracts, blockchain was going to be the product that could revolutionise public services.
In the past, we explored the question of whether procurement needs blockchain technology in an article "Does Procurement Need Blockchain?". In ...
8 Reasons Why Procurement Doesn’t Need Blockchain
Blockchain is fundamentally a database, but rather than a database where one item is allowed to replace another, each change to the data is added as new record that is then chained to other records using a complex algorithm.
These records are then distributed across multiple instances, so the records aren't held in a central database but ...
AI, a path to riches
The introduction of Artificial Intelligence (AI) has begun to reshape the very core of procurement analytics. As part of an EU project exploring data enrichment, we're learning exactly how AI is catalysing a new age of data enrichment in the procurement sector.
AI-Powered Data Enrichment in Procurement:
Automated Supplier Analysis: Using AI, procurement teams can automatically link and ...
EU Commission Move To Electronic Procurement
The European Commissions Directorate Generate for Informatics (DIGIT), has launched a new dynamic purchasing system for software licences and associated services (SIDE III DPS).
This new system is part of the Commission's efforts to modernise IT and procurement and streamline procedures, reduce administrative burden and open opportunities for smaller businesses. SIDE III DPS will enable the Commission ...
From Hero to Zero – UK Digital Marketplace Shuttered
Within living memory, the UK’s Crown Commercial Service (CCS) had planned to reshape a large swathe of public procurement in the image of the Digital Marketplace, the website that effectively ran the G-Cloud and Digital Outcomes frameworks. The future, we were assured, was a dynamic marketplace where purchasing was easy and competition was high. Recently, CCS ...