Life Moves Pretty Fast

Life Moves Pretty Fast

November 28, 2022
AI, Procurement

We’ve been talking for a while about AI and possible impacts on procurement. We use AI in our own service to almost effortlessly categorise hundreds of millions of documents in dozens of languages. We can complete a task in around 6 hours that would take a team of six humans more than four years to complete. That feels impressive but we’re not doing using this technology to its full potential (yet), for a glimpse of that take a look at a new service that takes question prompts from tenders and outputs a cogent answer to the question posed.

Want to add a few facts or reference an existing piece of work? Fine, just amend a couple of prompts and Autogen will reprise its answer and include a pertinent fact or insert one of your case studies which it learned about during the set up phase. The algorithm doesn’t go over the word limit, doesn’t make typos or book holidays that coincide with tender deadlines.

But that’s not what’s most interesting about, the most interesting part is what it will do to the procurement market. Tools like Autogen could significantly lower the cost of bidding, teams that are used to maintaining a staff of twenty writers are going to need half that number and they’ll probably be able to submit more bids. Removing unproductive activity from the economy feels like a good thing, but for governments who are required to run open tender processes this could have a marked impact. Governments can expect many more bids and for those bids to be of much higher quality. So more work and less ability to differentiate between submissions.

In a world where tenders are cheaper to submit, it is easy to imagine that bidders will do what they can to submit a tender for as many frameworks as possible, simply on the basis of playing a numbers game. There’s also the question of resource equality, smaller businesses can’t yet afford this sort of enterprise style service, simply because it takes a lot of very skilled staff to set up a model for a specific company. So the first mover advantage will inevitably go to the larger companies with large bid teams, for whom the economics of automated bidding are irresistible.

These imminent changes poses substantial questions for governments who need to start exploring how AI will impact procurement and what governments can do to adapt. If you’re thinking “we’ll just use AI to evaluate bids” then you may well be missing the point. If you’re a government who’d like to know more about the opportunities and challenges from AI in procurement, get in touch.

Image credit: image created by OpenAi’s DALL-E 2 algorithm, using the prompt: “A black and white photograph of a futuristic train terminus with a train approaching the viewer at speed”

November 29, 2022

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...
November 29, 2022

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...
November 24, 2022

Govt Issues £4.2bn Tender To Update Legacy Services

Crown Commercial Services together with HM Revenue and Customs (HMRC), have released a contract notice for the Digital and Legacy Application Services...
November 22, 2022

‘Unboxing’ £120 Million Of Public Spend

It may have been branded twice, but it seems nothing could save The Festival of Brexit, AKA Unboxed, from tanking in the...
November 17, 2022

We Sell Data, Not Seats.

Why we sell data not seats? We're data analysts. We really understand the data we gather. We've been doing it for 15...
November 15, 2022

Saab Voices Opposition To Canadian Gov Procurement

The Public Services and Procurement Canada (PSPC) agency has begun negotiating the final terms of delivery with Lockheed on an order from...
November 10, 2022

Your Data, Your Rules

If your company is hiring data analysts, you need data. You don’t need a login to a website which restricts the queries...
October 27, 2022

Lessons Learned In Public Procurement

The National Audit office is working on a Lessons Learned report, highlighting opportunities for change in public procurement. Topics will include commercial and...
October 20, 2022

Does Your Data Have Integrity?

Not all data is the same. It might have come from the same source, but how it gets treated is vital. If...
October 13, 2022

Australian Government Covid Procurement Findings

As the world emerges from the pandemic, governments are reviewing their procurement of Covid related goods and services. The Australian Government tasked...
October 11, 2022

Hungary Passes Transparency Bills.

Last week, Hungary's government passed the first two of 17 anti-corruption legislation bills, in a bid to avoid losing €7.5bn in financing...
October 6, 2022

Babcock Lands Polish Defence Contracts.

The UK Government has this week signed major major defence equipment agreements with Poland’s military capability. At the Zamość Military Base in...
October 4, 2022

New enRichMyData project offers innovative solutions for data enrichment

Several European and international organisations, covering large corporations, SMEs, research centres and universities, are joining forces to develop new methods and tools...
September 29, 2022

£900k Government Fund To Help Charities Win Public Contracts.

The Department for Digital, Culture, Media & Sport (DCMS) is running a Voluntary, Community and Social Enterprise (VCSE) Contract Readiness Fund grant...
September 27, 2022

New EU Procurement Instrument Now Law.

About a year ago, we wrote an article on the new procurement instrument approved by the European Union. In recent weeks this...


Compelling research, insights and data directly into your inbox.

Recent media stories


Scroll to Top