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Innovation & Industry
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Is AI Changing the Public Sector Sales Landscape in the EU?

News RoomNews RoomOctober 16, 2023No Comments3 Mins Read

Key Takeaways:

  • GOVWISE is a Lisbon-based startup utilizing AI, big data and predictive analytics to revolutionize the landscape of public sector sales.
  • The company’s technology enables companies to predict and anticipate public procurement processes.
  • GOVWISE uses real-time reporting features to allow businesses a detailed insight into market share and procurement metrics.
  • The platform is set to change public sector sales by providing actionable insights and forecasts.

The sales landscape of the public sector in Europe is positioned for a transformative change, courtesy of artificial intelligence (AI). Enter GOVWISE, a pioneering startup based in Lisbon, Portugal. This tech-driven company uses AI, big data, machine learning, and predictive analytics to offer sales forecasting to businesses that mainly deal with the public sector.

GOVWISE goes beyond your typical sales tool. This platform uses cutting-edge technology and predictive analytics to empower companies with the foresight of public procurement. Its aim? Enhancing the competitive position of its users and providing them with actionable insights that can help them secure more leads and close sales efficiently.

What sets GOVWISE apart is its proprietary business intelligence technology that anticipates public procurements. Specifically, the platform identifies who will purchase, how much they will buy, and when the purchase will happen, as well as which competitors will attend. Through AI and machine learning algorithms, GOVWISE can analyze and interpret data to predict future trends, disrupting the traditional sales landscape of the public sector.

Moreover, the startup provides real-time reporting features to estimate reliable market share, market uptake per product or customer, and even competitors’ customer lists. This data-centric approach allows businesses to stay ahead of the curve and make informed decisions backed by accurate forecasts and comprehensive market insights.

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As global industries continue to integrate data-driven and AI-based solutions, GOVWISE signifies a promising future for the role of AI in EU’s public sector sales arena. The startup is strategically positioned to grow and dominate this niche, serving as a testimony to the transformative power of AI and big data in evolving sales strategies.

Given the potent combination of predictive analytics and AI, GOVWISE will likely be central to driving transparency, efficiency, and competition in public sector sales. To stay updated on GOVWISE’s innovative journey, follow them on Twitter, Facebook, and LinkedIn, or visit their official website.


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