Luli Adeyemo, the facilitator of the ‘In Conversation with Change Makers – Data Insights Series’, kicked off a live LinkedIn discussion session with Tendertrace and opened with a pertinent statistic – 42% of the nation’s federal agencies rely on Macquarie Government’s cloud solutions and services. This fact set the stage for an exploration of the Tendertrace platform’s capabilities.
Abu Odigie, a veteran salesperson in the Government sector and now Founder of marketing intelligence company, Tendertrace, provided an insightful demonstration of the platform.
What exactly is Tendertrace? In Odigie’s words, “It’s a comprehensive market intelligence platform that aggregates open-source government spend data, providing insights and analysis.” An apt description indeed.But the key points of this dialogue aren’t just about what Tendertrace is, but what it can do. Here are some crucial stats and figures extracted from the conversation:
- The Government sector’s market sizing for Data Centre and Cloud Services in FY24 is a whopping $4.1 billion. This sector alone has about 1,500 contracts expiring within the financial year.
- Since FY19, the value for cloud services has grown dramatically. It was $441 million back then, and has risen to a staggering $3 billion in FY23.
- The Department of Defence stands as a major buyer, with a forecast spend of $521 million for cloud and data centre services in FY24.
- For the Federal Government alone, the cloud and data centre services sector amounts to about $1.9 billion, spread across $1.5 billion on panel contracts and $467 million on non-panel contracts.
- There are considerable opportunities within the cloud marketplace, with $180 million in active contracts and $42 million worth of expiring contracts in the next 12 months.
Luli Adeyemo commented on the competitive aspect of Tendertrace: “What I take from what you are showing me, you can use Tendertrace to perform a competitor analysis across keywords.” Abu Odigie emphasised the platform’s strategic potential: “Leveraging Tendertrace empowers organisations to make informed decisions, develop winning strategies, and secure lucrative government contracts in the data center and cloud services domain.”Overall, the conversation left a clear impression of Tendertrace as a potent tool for businesses. It offers competitive intelligence, provides insights into lucrative opportunities, and aids in strategic planning. If you’re eager to learn more about Tendertrace and want to dive deeper into the conversation between Luli Adeyemo and Abu Odigie, you can check out the full video. Should you wish to get your hands on the insights from this discussion, please enter your details in the form below and we will send you insights into:
- Data Centre & Cloud Buyer Panel and Panel Market Share
- Data Centre & Cloud Jurisdiction and Buyer Market Share
- Analysis into Data Centre and Cloud Keywords
- Data Centre and Cloud Top Five Suppliers Traction
