Online negotiation platforms improve efficiency in public sector

Top Quote Technological applications like iSOCO's iQuotes® enable the tendering and auction processes to be automated, saving up to 20 % in costs. End Quote
  • (1888PressRelease) September 08, 2011 - Using less time and effort in tenders and auctions is the main objective of enterprises in the public sector to optimise the relationship with providers and clients. To this end, an increasing number of organisations are tapping into the potential of the Internet by introducing electronic negotiation applications like iSOCO's iQuotes®, with the aim of automating processes and increasing productivity.

    The Madrid Metro is one of the public enterprises that, like the Bilbao Metro and the Spanish Post Office, has placed its trust in the company's platform to simplify its relationship with the supply market. According to Victor Jiménez, head of the Madrid Metro Contracting Unit, "choosing the partner and team with which you are going to execute and develop these kinds of processes is key. At iSOCO I found a team of professionals that aims not just to reduce costs but also to add value".

    Likewise, the enterprise that runs the urban transport service in the Spanish city of Bilbao has expressed its satisfaction at "the incorporation of this technology, which has led to significant savings in resources and time in the management of auctions".

    Success in allocating services involves preliminary work like defining the negotiations strategy, establishing the bid specifications and rationalising references, among other tasks. The iSOCO tool is a product of the efforts of the international firm in developing technological applications that contribute to ensuring the competitiveness of organisations in a context characterised by online economic relationships.

    The iSOCO negotiation platform helps enterprises, whether public or private, to ensure optimum terms in the acquisition of goods and services. iQuotes® is the technological solution for buyers which contributes to optimising the entire negotiation process, from requesting information to final negotiation for any product or service. In addition, the strategic methodology offered by iQuotes® enables users to focus on adding value and not just on reducing costs.

    More information at:

    About iSOCO

    iSOCO is Spain's foremost ICT company with a clear commitment to internationalisation as a leading technology provider to help companies develop and position themselves in the Network Economy. It has its own R&D centre, iLAB, and it stands as an international leader in semantic technology and artificial intelligence. Its main differentiating factor resides in the combination of a range of services based on proprietary technology.

    It was founded in 1999 as a spin-off of the CSIC (the Spanish High Council for Scientific Research) and has a clear global outlook and local presence in the main markets. It is the only Spanish company to appear in the WCM Marketshare2010 and the instigator of the Spanish LinkedData Association (AELID).

    With blue-chip clients like Almirall, AstraZéneca, Bankinter, BT, Colt, Grupo Leche Pascual, La Caixa, Repsol YPF and Zurich, among others, iSOCO is internationally renowned and possesses one of the most comprehensive semantic engines in the world: Semanti-K ®

  • FB Icon Twitter Icon In-Icon
Contact Information