Skip to main content

Enabling procurement data value chains for economic development, demand management, competitive markets and vendor intelligence

Objective

Procurement affects virtually every organisation. Public spending alone will soon exceed €2trn per annum in the EU. In times of slow economic recovery and enhanced transparency, there is a pressing need for better management of government finances. The interaction between governments and businesses is key to delivering reformed public services, but it cannot, in its present form, create growth with less investment. In addition, research has already shown that SMEs can compete effectively with their larger counterparts and deliver value for money, provided the right environment. Private sector buyers face similar challenges. They are expected to run efficient, accountable tendering procedures, whether the beneficiaries are company shareholders or taxpayers. This becomes increasingly difficult as the flow of goods, services, finances, and data reaches all-times highs. TheyBuyForYou will deliver the data value chains, enabling technologies, and innovation that are critically needed for this fundamental change to happen. The project will explore how procurement knowledge graphs, paired with data management, analytics and interaction design could be used to reform four key procurement areas: (i) economic development: facilitating better economic outcomes from public spending for SMEs; (ii) demand management: spotting trends in public spending to achieve long-term goals such as savings; (iii) competitive markets: promoting healthier competition and identifying collusions and other irregularities; and (iv) supplier intelligence: optimising supply chains. We will develop an integrated technology platform, with data, core services, open APIs and online tools, which will be validated in 3 business cases in public/corporate procurement in Slovenia, Spain and Italy. The expected impact is substantial, with €200m savings in EU public spending; 25% increase in the value unlocked by enhanced procurement management in the private sector; and 20% more SMEs bidding for contracts.

Field of science

  • /social sciences/economics and business/business and management/commerce
  • /social sciences/economics and business/economics/monetary and finances
  • /social sciences/economics and business
  • /social sciences/other social sciences/social sciences interdisciplinary/sustainable development
  • /social sciences/sociology/governance/public services

Call for proposal

H2020-ICT-2017-1
See other projects for this call

Funding Scheme

IA - Innovation action

Coordinator

STIFTELSEN SINTEF
Address
Strindveien 4
7034 Trondheim
Norway
Activity type
Research Organisations
EU contribution
€ 697 037

Participants (9)

AYUNTAMIENTO DE ZARAGOZA
Spain
EU contribution
€ 166 250
Address
Plaza Del Pilar 18
50071 Zaragoza
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
CERVED GROUP SPA
Italy
EU contribution
€ 198 266
Address
Via Dell'unione Europea 6A-6b
20097 San Donato Milanese
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
OPENCORPORATES LTD
United Kingdom
EU contribution
€ 252 525
Address
Cornwall Avenue Aston House
N3 1LF London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
INSTITUT JOZEF STEFAN
Slovenia
EU contribution
€ 361 125
Address
Jamova 39
1000 Ljubljana
Activity type
Research Organisations
MINISTRSTVO ZA JAVNO UPRAVO
Slovenia
EU contribution
€ 214 500
Address
Trzaska Cesta 21
1000 Ljubljana
Activity type
Public bodies (excluding Research Organisations and Secondary or Higher Education Establishments)
OESIA NETWORKS SL
Spain
EU contribution
€ 106 400
Address
Calle Marie Curie 19
28521 Rivas Vaciamadrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
TICON UK LIMITED
United Kingdom
EU contribution
€ 256 550
Address
Raincloud, 76 Vincent Square
SW1P 2PD London
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
UNIVERSIDAD POLITECNICA DE MADRID
Spain
EU contribution
€ 236 250
Address
Calle Ramiro De Maeztu 7 Edificio Rectorado
28040 Madrid
Activity type
Higher or Secondary Education Establishments
UNIVERSITY OF SOUTHAMPTON
United Kingdom
EU contribution
€ 436 790
Address
Highfield
SO17 1BJ Southampton
Activity type
Higher or Secondary Education Establishments