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We are happy that we had the opportunity to discuss about Hermix, what we do, how we work as a team, what motivates us, where we rank at the moment, and our future goals regarding our platform.
Thanks to Ziarul Financiar for the invitation and to Ioana Nita.
Watch the full discussion in the video below:
Hermix just released Custom opportunity flags.
Each organization can now label its tenders with custom flags, shared between all members of an organization.
Users asked for it so we delivered a new feature.
The European Commission budget amounted to 198 bil. € in 2022, disbursed to 26k beneficiaries, in 124k payments and contracts. This is 4 times higher than 2020, when the EC reported a budget of 51 bil. €, and 8 times more than the European Commission’s spending in 2019, which was less than 25 mil.
The largest amounts, 139 bil, were spent on subsidies to member states. €. Most of this budget went to the European Resilience and Recovery Facility: 136 bil. €.
Private companies also received 27 bil. €. This includes R&D Horizon grants of 18 bil. €, as well as direct service contracts. International organizations received 7.1 bil. €.
The EIB – European Investment Bank and EIF – European Investment Fund received together 658 mil. €. Private persons also received 42 mil. €.
34 bil.€ went to action grants, 1.1 bil. € to IT expenses, 765 mil. € to consultancy, followed by building contracts, operating grants, communication, supplies, conferences, and studies.
Italy tops the list of EC beneficiaries with 28 bil.€, followed by Spain with 27 bil.€, Poland with 23 bil.€, France 18 bil.€, Germany 14 bil.€, then Greece, Belgium, Netherlands, Portugal, and Romania.
“The European public sector is huge, at 54% of the EU’s GDP. Public procurement amounts to 2 trillion per year, i.e. 14% of the GDP. At the same time, market participation and access to funding are still low. The European Commission launched a series of initiatives for promoting transparency, data use, interoperability and open data, such as the European Strategy for Data, the Data Governance Act, the Data Act, and the Implementing Act on High-value Datasets. But there’s still a long way to go”, says Stefan Morcov, CEO of Hermix.
Hermix analyses the spending of public authorities, per contractor or beneficiary, per type of activity, contract, and type of service. It provides cleaned-up, intelligent information on EC spending, as well as reports and deep insights on the entire European public procurement sector. The primary sources of data are the European Commission’s transparency systems, open data and procurement portals, as well as Eurostat and the European Central Bank. Hermix uses deep tech to make sense of this data, with artificial intelligence, machine learning, data engineering, and data science.
Hermix.com is the first analytics platform for public sector sales and procurement. We help companies win public contracts, with tender monitoring and market intelligence.
Big data is already used heavily in retail, consumer, B2C/B2B.
With Hermix, modern analytics is also available to B2G – Business-to-government:
Hermix promotes transparency and increased competition in public procurement, leading to more efficient public spending and better public governance. It received the Deloitte CEE Fast 50 Impact Star, and the EU Datathon 2022 award from the European Commission.
More information, analytics, and insights on European public spending and public procurement on www.hermix.com, and at contact@hermix.com.
We are thrilled to announce that we cleaned up the European Commission payments data for domains such as IT or communication services, making it more accessible and insightful than ever before!
We have made these reports available exclusively on Hermix, under the “EC Spending” menu.
Explore all the information with just one click!
– Biggest EC buyers per type of contract and project.
– Biggest EC contractors for IT or communication services.
– Evolution of EC’s IT spending 2007-2022 per year and per DG.
Log in to Hermix now and access these captivating reports!
We are excited to announce that we launched a set of great new Hermix features. A few things will improve your experience with our app and increase your success in public sector sales.
This will help you position on your market, understand the competition, and find partners:
• Benchmark your company against your competition.
• See where your competition is stronger.
• Find compatible and complementary partners.
You can mark your preferred opportunities in order of importance. This feature will help you have an organized view of your opportunities based on your needs and interests.
You can now share the most interesting opportunities instantly, with one click, by email, with your colleagues and partners.
Opportunity qualification: tender context, preferred suppliers.
Deep Contractor / Authority profile.
Partnership Affinity mapping.
· Bookmarks, saved reports, personalized filters.
· Export to MS Excel/CSV.
· Partnership affinity mapping and appetite
analysis.
· Renewals.
· Full-text and full-topic search.
We prioritize your needs. We want to hear from you.
Hermix just released Contractor comparison.
This will help you have an advantageous position for future tenders:
• Benchmark your company against your competition.
• See where your competition is stronger.
• Find compatible and complementary partners.
New in www.hermix.com:
• Opportunity qualification: insights + direct links to the relevant reports.
• Bookmark your favorite reports for future reference.
• Receive email notifications in the morning, at 9h40 AM, CET.
• New help pages: Glossary of terms, Frequently Asked Questions.
• Contact us directly and get immediate support with the in-app chat.
We are glad to announce that we’ve released new Hermix features that will help you have a better experience in our app.
You will be able to see insights and direct links to the pre-filtered, relevant reports: Authority profile, Similar open tenders, All open tenders, Similar renewals, All renewals, Previous similar contract awards, All previous contract awards, Other authorities with similar projects.
With Bookmarks, you can save all the great reports that you have found using predefined filters for a later assessment.
Also, you will receive email notifications for your pre-defined filters from us every morning at 9h40 A.M CET.
From now on you can contact us directly from the app and you will get immediate support due to our new in-app chat.
We are happy to announce that we rolled out into production a set of amazing new Hermix features. There are simple ingredients that will give you a better experience with our app. You will be able to see what opportunities are coming in the future, the popularity of certain types of contracts and services, potential competition, and partnerships. You will be able to build your yearly strategy much easier.
These features will replace the tens and hundreds of hours you currently need to spend to build your pipeline; through manual research, using government portals such as TED (TENDERS ELECTRONIC DAILY). No more huge, complicated Excel spreadsheets. No more Google search for consortia, proposals, previous winners, previous competitors, and competition. Now, Hermix does this for you. You get curated, aggregated information, ready to push to your next year’s sales plan.
Combined with the daily notifications and monitoring for the exact procurement opportunities that are relevant to you, Hermix is the strongest tool for public sector sales, from strategic market analysis to detailed opportunity qualification.
Hermix, the first marketing analytics platform for the public sector – Business-to-government, is recognized as an “Impact Star” by Deloitte, in its CE Fast 50 Report 2022.
The Deloitte Technology CE Fast 50 is a programme that recognizes fast-growing technology companies. The Impact Star is a special classification for organisations that deliver great products with a positive impact on society, business, innovativeness, environment or diversity.
We are honoured that our hard work is rewarded with Deloitte’s Impact Star award – says Stefan, company CEO. Hermix grew immensely this year. We were received incredibly well by companies active in the European B2G – Business-to-government market. We cover a solid business need, and the future is looking bright. We are hiring and expanding, to develop new features and provide value to our customers, public sector suppliers.
Hermix provides deep market analysis and sales support for B2G – business-to-government, a market worth 14% of the GDP, €2 trillion in the EU, €14 trillion worldwide. Hermix offers detailed public sector market analysis and segmentation: who buys and sells, what, when, where, how; detailed drill-down & drill-up capabilities, smart market-watch functionality; actionable data and infographics on the competition, gaps and opportunities.
Earlier in October 2022, Hermix was also recognized by the European Commission and received the EU Datathon award 2022 for public procurement for young Europeans.
We make sense of public sector data.