I recently had a fascinating conversation with James Riley from InnovationAus, an independent publisher of high-quality journalism, their reporting covers the state and federal policies and programs that help underpin the commercial development of Australia’s tech industry.
James invited me to explain how Tendertrace makes sense of raw Government procurement data. We also delved into the challenges suppliers face when trying to make sense of raw government procurement data. As the founder and CEO of Tendertrace, I shared how our platform is revolutionising the way businesses access and utilise this valuable information.
We discussed how Government procurement data has always been a complex landscape to navigate. It’s time-consuming and costly to track purchases across different segments and departments. However, within this data lies an abundance of valuable insights for companies willing to invest the time and effort.
James asked me why I Co-founded Tendertrace, I touched on how it was born out of the need to bridge the gap between suppliers and government buyers.
We live in a data-centric world, and it's crucial to leverage that data to drive better engagement with the government.
Our platform brings together decentralised data from various levels of government and transforms it into actionable market intelligence.
During our conversation, James rightly pointed out that traditional platforms like AusTender serve their purpose. But what sets Tendertrace apart is our deep understanding of supplier needs and our ability to generate intelligence that is relevant and insightful. We want to disrupt the traditional buying cycle and provide suppliers with the right data and analysis to make informed decisions.
Transparency is also a key focus for us. While platforms like AusTender provide information, we strive to go beyond that and present the data in a way that enables users to extract valuable intelligence. By linking suppliers to specific contracts, we offer insights that go beyond surface-level information.
James asked about our customers, I described how they come from various tiers, ranging from large organisations to SMEs and startups across industries such as ICT, services, healthcare, and infrastructure. We understand that data is a critical enabler for driving strategy, and our platform empowers businesses of all sizes to make informed decisions and gain a competitive edge.
He then went on to ask if our customers have to pull the data themselves or do we also offer a service that helps time-poor executives to access key data. I explained we offer the subscription model and bespoke reports to cater to the unique needs of our customers. In addition to this we offer workshops for account teams giving them reports and actionable insights to elevate their strategy and approach.
I explained Tendertrace is not just a technology company; we’re a trusted partner in navigating the complexities of government procurement.
James asked if we had plans to expand beyond Australia, looking ahead, we have exciting plans for expansion. New Zealand is our next target market, followed by the UK, where the governance around data is even stronger. We also have our sights set on the US, a market ripe with opportunities for innovation.
Listen to the full podcast episode on InnovationAus to dive deeper into our discussion.
This summary only scratches the surface of the valuable insights we explored.
Whether you’re ready for a demo of the platform or not, we invite you to explore the power of Tendertrace. REQUEST A DEMO to experience firsthand how we transform raw data into visually appealing and easy-to-understand graphical representations. If you prefer to delve into our capabilities at your own pace, DOWNLOAD ONE OF OUR REPORTS and witness how we unlock the insights hidden within government procurement data.
