What kept us busy this summer: new exciting features in Hermix:

• New contractor and buyer profiles
• Partners network
• Prior notices – announcements for future tenders. This supplements the Renewals report.
• EC Spending reports: new analysis by funding type (e.g. Resilience and Recovery Facility).
• Market analysis report: new filters by country and year, and new yearly trends analysis.
• Market analysis – contractors report: new filters by buyer country.
• New email notifications for Contract awards, Prior notices, and Monitor an opportunity.

We listen to our customers, and add new features every week. Users ask, we deliver. 

We make sense of public sector sales data.

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.

Most of the money went to resilience and recovery funds, research, and IT.

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 buyers, 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.

About Hermix

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:

• Tender monitoring: email notifications, smart market watch.
• Opportunity qualification: actionable data and infographics ref. tenders, buyers, competition, gaps.
• Deep market analysis and segmentation: where is the money, who buys & sells, what, when, where, and how.

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!

Here are some of our reports:

– 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.

Contractor comparison

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.

Flag opportunities

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.

Email this opportunity to your colleagues and partners

You can now share the most interesting opportunities instantly, with one click, by email, with your colleagues and partners.

We are also proud of the other smart features we developed this year, that have improved Hermix

Opportunity qualification: tender context, preferred suppliers.

Deep Contractor / Buyer 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.

Hermix provides public sector market intelligence and analytics.

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: Buyer profile, Similar open tenders, All open tenders, Similar renewals, All renewals, Previous similar contract awards, All previous contract awards, Other buyers 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.

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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.

New Hermix features rolled out over the holidays:

• partnership affinity mapping and appetite analysis: who works with whom, for European Commission payments (EC spend) and EU-wide contract awards.
• renewals: what contracts will be re-tendered, when, and how; preferred suppliers or partners; previous winners, participants, and the level of the competition.
• full-text search: search by keyword.
• full-topic search: filter by all topics of an opportunity, including secondary topics.
• support/help pages.

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.