{"id":1231,"date":"2022-12-29T10:07:02","date_gmt":"2022-12-29T09:07:02","guid":{"rendered":"https:\/\/www.hermix.com\/?p=1231"},"modified":"2022-12-29T10:07:02","modified_gmt":"2022-12-29T09:07:02","slug":"public-sector-procurement-in-numbers","status":"publish","type":"post","link":"https:\/\/hermix.com\/nl\/public-sector-procurement-in-numbers\/","title":{"rendered":"Public sector procurement in numbers"},"content":{"rendered":"
\"Public<\/figure>\n\n\n

Hermix<\/a> <\/em><\/strong>is a new-generation platform for public sector market analytics and sales\/presales automation. Our mission is to demystify, transform, and democratize the B2G – business-to-government market. Hermix helps users understand, predict, and manage public funding.<\/p>\n\n\n\n

Public sector procurement at a glance<\/strong><\/h2>\n\n\n\n

Public sector procurement is a massive, heavy, complex, and difficult-to-access sector. <\/p>\n\n\n\n

While the public sector accounts for 54% of the global GDP, public procurement is 14% of the GDP, <\/p>\n\n\n\n

totaling \u20ac13 trillion worldwide. <\/p>\n\n\n\n

According to a recent World Bank study<\/a>, 25% of this amount is lost due to inefficiencies.<\/p>\n\n\n\n

Along with B2C and B2B, B2G is a major and relevant field. In fact, it is the biggest market of all.<\/p>\n\n\n\n

The EU`s public procurement accounts for \u20ac2 trillion.<\/p>\n\n\n\n

This outstanding amount is spent by 250k <\/a>EU public authorities, who publish hundreds of thousands of tenders every year. <\/p>\n\n\n\n

400k private companies are active on the European market.<\/p>\n\n\n\n

Over 60% of Fortune<\/a> 1000 companies are active in the public sector, with government contracts having a positive impact on a company’s business. <\/p>\n\n\n\n

Transparency is an important characteristic of the market. The biggest European public procurement portal, TED <\/a>(TENDERS ELECTRONICS DAILY), is the online version of the ‘Supplement to the Official Journal’ of the EU, dedicated to European public procurement.<\/em> TED publishes 268,000 tenders annually<\/a>, worth \u20ac670 bilions. <\/p>\n\n\n\n

Hermix<\/em><\/a> is the first product for public sector analytics and sales support.<\/em><\/p>\n\n\n\n

We make sense of public sector data.<\/strong><\/em><\/p>","protected":false},"excerpt":{"rendered":"

Hermix is a new-generation platform for public sector market analytics and sales\/presales automation. Our mission is to demystify, transform, and democratize the B2G – business-to-government market. Hermix helps users understand, predict, and manage public funding. Public sector procurement at a glance Public sector procurement is a massive, heavy, complex, and difficult-to-access sector.  While the public […]<\/p>\n","protected":false},"author":4,"featured_media":6637,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_angie_page":false,"content-type":"","inline_featured_image":false,"page_builder":"","footnotes":""},"categories":[13],"tags":[],"ppma_author":[18],"class_list":["post-1231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t