Posted on: April 24, 2017, by: Smartlogic
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 is that each Government agency describes solicitations such as bids, RFP’s, amendments, advance notices, awards, etc., using their own vocabulary and vendors search for leads using their products, services and industry terminology. Simple keyword searches cannot resolve this diversity of language and often opportunities associated with a vendor’s industry, products and services are missed.
One organization leveraged the power of Semaphore to transform government data into actionable intelligence for its buyers and sellers. Using model management, sophisticated classification strategies, and semantic enhancement services, customers can identify a large volume of quality contract leads, which help them make strategic business decisions that support the growth of their public sector business.
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