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Bigger Isn’t Always Better – Don’t Overestimate Economies of Scale
Dec 2, 2019
Excerpt from “A Procurement Compendium”
Why do we assume that bigger is better in procurement terms? That, if I aggregate my spend, if I have more volume to offer the market, then I will get a better deal? Why should this be so? It can only be because the supplier benefits from the economies of...
Insights from New York City’s Procurement Transformation
Nov 20, 2019
NYC’s Journey to Procurement Digitization
Digital procurement has the power to unlock significant capabilities for organizations that embrace change and commit to bringing formerly paper-driven tasks online. But as the rate of technology change has outpaced the public sector,...
Report Finds Growth in Cloud ITSM Markets and Highlights Major Suppliers
Nov 6, 2019
The global cloud information technology service management (ITSM) market size is forecasted to grow from an estimated value of $4.4 billion in 2019 to $10.4 billion by 2024. The ITSM market is made of solutions service portfolio management, problem and incident management, service desk software,...
E-procurement Enabling Procurement Transformation
Nov 4, 2019
New York City and Arizona are part of a growing e-procurement trend that cuts across the public sector and commercial industry. In a case study presented by the Governing Institute and Ivalua, we take a look at how these organizations are modernizing their procurement processes for more effective...
Suppliers Worth Watching Within the Extended Reality Market
Oct 22, 2019
Augmented and virtual reality products and services are a hot topic in the public sector. With applications ranging from training to simulations to data interaction, nearly all government organizations stand to benefit from extended reality solutions.
And the industry has definitely taken note,...
Suppliers for Virtual and Augmented Reality Products and Services
Oct 11, 2019
Augmented and virtual reality products and services are a hot topic in the public sector. With applications ranging from training to simulations to data interaction, nearly all government organizations stand to benefit from extended reality solutions. To help you understand this ever-changing...
Top Players in Cybersecurity and What’s Driving Market Trends
Oct 10, 2019
This report on cybersecurity was recently released and summarizes the factors and dynamics that shape the cybersecurity market. The global cybersecurity market is valued at $131.3 billion and is expected to increase to $289.8 billion by 2026.
This report shares the market drives, segmentation,...
Growing Toolkit of AI Has Potential to Enhance Government
Jul 8, 2019
Artificial intelligence (AI) technology is growing increasingly diverse in its slew potential uses to improve government operations. For optimized use, AI necessitates as large volume of data––something the U.S. government possesses. Deloitte confirms the federal government plans to reach 500...
Global Virtual Reality Market to Surpass $26B by 2022
Jul 8, 2019
Zion Market Research released a virtual reality (VR) industry research report. The report goes into statistical and overall analysis to provide a holistic projection of the VR hardware and software industry through 2022. Market Research News reports on Zion’s findings, including a list of key...
AR in Military: How This Emerging Tech Can Enhance Warfare and Training
Jul 3, 2019
The challenges the U.S. military faces become increasingly complex as technology advances. The prevalence of augmented reality (AR) in the consumer market comes on the tail-end of one of its first implementations in a heads up display for fighter jets. The bleeding-edge depictions of far more...
Top Publicly Traded Companies at the Forefront of AI Innovation
Jul 3, 2019
Artificial Intelligence (AI) is a broad umbrella catchall for a slew of technological advances, including but not limited to machine learning and automation. Builtin estimates that AI could add as much as $15.7 trillion to the global GDP by the year 2030. Several publicly traded companies...
Public Spend Forum’s Public Procurement Weekly Roundup
Jun 21, 2019
ECS lands a $276 million cyber award from DHS to deliver an advanced CDM Dashboard, Philadelphia plans to revise its procurement policies to support minority-owned businesses, and AR/VR tech continues to transform how governments use data and more efficiently offer improved services. All this and...