Our New Global Classification Tool

Our New Global Classification Tool

April 26, 2021
Procurement

We recently launched our new global classification tool.

Just three months later and we’ve been able to launch an upgraded version, which now achieves an accuracy rate of 92%, an improvement of 8% on the original algorithm.

We’re not finished either.

We’re starting to develop custom classifications for our customers, and we’re tackling new challenges to enhance the data we gather and publish.

We’re determined to provide analysis grade data for our customers, we know you need to understand what is happening across tenders, contracts and spend.

We’ll soon start publishing analysis into public sector markets from around the world, which means our users and partners gain insights that were never possible before now.

Our work is changing the way we view the $13tn public procurement market.

Get in touch to find out more.

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