Transforming government data into business opportunities

Doing business with the US government - the largest purchaser of goods and services in the world (more than $2 trillion each year) - isn’t easy. One of the biggest challenges that organizations face is finding opportunities that match their capabilities and corporate objectives.

The core problem:

• Each Government agency describes solicitations such as bids, RFP’s, amendments, advance notices, awards, etc., using their own vocabulary
• Vendors search for leads using their own products, services and industry terminology
• Simple keyword search cannot resolve this diversity of language and often opportunities associated with a vendor’s industry, products and services are missed

One organization uses Semaphore’s sophisticated semantic platform to transform fragmented government contracting information into actionable intelligence for buyers and sellers. Semaphore Ontology Editor allows the organization to build and maintain a robust vocabulary that identifies the unique concepts, topics, subjects and domain specific aspects of the industry. The model is then used to enrich each asset with precise and complete metadata, extract pertinent entities, facts and relationships and leverage the model and metadata to drive targeted and relevant search results.Today, customers can identify a large volume of quality contract leads, which help them make strategic business decisions that support growth of their public sector business.

To learn how you can leverage the power of Semaphore, download the case study.