CORDIS
EU research results

CORDIS

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

Project information

Grant agreement ID: 780247

Status

Ongoing project

  • Start date

    1 January 2018

  • End date

    31 December 2020

Funded under:

H2020-EU.2.1.1.

  • Overall budget:

    € 3 274 440

  • EU contribution

    € 2 925 693

Coordinated by:

SINTEF AS

Norway

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.

Coordinator

SINTEF AS

Address

Strindvegen 4
7034 Trondheim

Norway

Activity type

Research Organisations

EU Contribution

€ 697 037

Participants (11)

AYUNTAMIENTO DE ZARAGOZA

Spain

EU Contribution

€ 166 250

CERVED GROUP SPA

Italy

CERVED GROUP SPA

Italy

EU Contribution

€ 198 266

OPENCORPORATES LTD

United Kingdom

EU Contribution

€ 252 525

INSTITUT JOZEF STEFAN

Slovenia

EU Contribution

€ 361 125

MINISTRSTVO ZA JAVNO UPRAVO

Slovenia

EU Contribution

€ 214 500

OESIA NETWORKS SL

Spain

EU Contribution

€ 106 400

TICON UK LIMITED

United Kingdom

EU Contribution

€ 256 550

UNIVERSIDAD POLITECNICA DE MADRID

Spain

EU Contribution

€ 236 250

UNIVERSITY OF SOUTHAMPTON

United Kingdom

EU Contribution

€ 436 790

STIFTELSEN SINTEF

Norway

Project information

Grant agreement ID: 780247

Status

Ongoing project

  • Start date

    1 January 2018

  • End date

    31 December 2020

Funded under:

H2020-EU.2.1.1.

  • Overall budget:

    € 3 274 440

  • EU contribution

    € 2 925 693

Coordinated by:

SINTEF AS

Norway