Remove Buyers Remove Procurement Remove Procurement Contracts
article thumbnail

European Commission transforms public procurement across Europe with AWS and NTT Data

AWS Public Sector

Public procurement—the process where public authorities like government departments or local councils purchase goods or services from companies—is a vital economic driver in Europe, accounting for more than 13 percent of the gross domestic product (GDP).

article thumbnail

Procuring AI without understanding it. Way to go?

How to Crack a Nut

The UK’s Digital Regulation Cooperation Forum (DRCF) has published a report on Transparency in the procurement of algorithmic systems (for short, the ‘AI procurement report’). Some of DRCF’s findings in the AI procurement report are astonishing, and should attract significant attention. This is extremely worrying.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?

article thumbnail

How Government Contracting (Government Procurement) Offers Opportunities for Innovation

Tracker Intelligence

In the UK, the government spends around £284 billion on public sector contracts every year. With so much money in play, it should be unsurprising that government procurement attracts so much interest. Even big names like Amazon, Dell, and Apple hold government contracts in England. What is Government Contracting?

article thumbnail

Digital procurement, PPDS and multi-speed datafication -- some thoughts on the March 2023 PPDS Communication

How to Crack a Nut

The 2020 European strategy for data ear-marked public procurement as a high priority area for the development of common European data spaces for public administrations. The procurement data governance framework is now planned to be developed in the second half of 2023.

article thumbnail

Collaboration, Procurement with Purpose and the Entente Cordiale…

ivalua

Last week, round 40 Procurement leaders got together in the very pleasant surroundings of the Royal Lancaster Hotel in London to talk about collaboration, and to celebrate Ivalua’s increased presence in the UK. I was challenged in the questions about whether we can really move away from “savings” as perhaps the main objective for Procurement.

article thumbnail

Women-Owned Business Certification Programs “Sello Empresa Mujer”: An Effective Tool to Promote Women’s Participation in Public Procurement

Inter-American Development Bank

Public procurement accounts for around 13-20% of global GDP , so it has the potential to be an important tool for governments to promote gender equality. Women-led businesses are currently underrepresented in public procurement awards. It can also have benefits for governments.