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Learn how Using Contify’s News Feed APIs, an Analytics Solutions Company Enriched Its market intelligence system With R

After deploying Contify's News Feed APIs, a leading Analytics Solutions Company experienced 2x faster decisions through automated competitive intelligence and saved 70% time in manual research. In this case study, you will learn how a leading predictive analytics solutions provider leveraged Contifyu2019s competitive intelligence software to enrich its market intelligence system with noise-free latest updates.<br>Read more here: https://www.contify.com/news-feed-api/

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Learn how Using Contify’s News Feed APIs, an Analytics Solutions Company Enriched Its market intelligence system With R

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  1. Case study Learn How Contify’s News Feed APIs Helps an Analytics Solutions Company to Enrich Its Bid Management Software With Real-Time Business Opportunities

  2. Table of Contents • Overview • Key Challenges • Contify Solution • Impact • By the numbers

  3. Introduction • How Predictive Analytics Solutions Provider Leveraged Contify’s News Feed APIs To Enrich It’s Bid Management Software Suite With Noise-Free Updates On New Business Opportunities.

  4. Overview Founded in 2010, the firm employs 480 professionals worldwide • The company provides bid management software for both public sector institutions as well as private enterprises in key sectors such as aerospace, defence, energy, transportation and logistics. • The firm makes use of predictive analytics to aid strategic decision-making and help its clients accelerate the formal negotiation process.

  5. Key Challenges The firm aimed to enrich the bid management software with real-time business updates • Funnelling intelligence information into their application in a noise-free manner to extract strategic insights. • The firm’s team of analysts were collectively spending between 50 – 60 hours a week sifting through long lists of tenders from government websites. • Difficulty in accessing information on government websites due to serious web usability issues owing to the use of obsolete web standards. • Before using Contify, the firm was manually maintaining information on Excel spreadsheets.

  6. To mitigate these challenges, the firm needed an AI-based solution that could: Enrich their customer-facing enterprise portals with a steady stream of noise-free and real-time business updates. Leverage automation technology to enable their analysts to spend less time searching and more available to extract the valuable strategic insights. Track strategic moves such as partnerships, auctions and business wins by the competitors of the firm’s clients.

  7. After adequate due diligence, Contify News Feed API was selected. Contify Solution • Setting up a comprehensive monitoring system • Contify deployed a comprehensive tracking system to track company websites and social media handles for new updates. • Contify integrated 1,600+ custom sources, including regulatory/government websites of different geographies and company websites. • Delivering intelligence through Contify’s News Feed APIs • Using Contify’s News Feed APIs, the real-time updates were pushed to the firm’s application servers. • Easing analyst workflows • Core features of Contify’s web application such as Smart Filters, Advanced Search, Taxonomy Builder and Instant Alerts were made available to the firm’s teams. • The team made initial inferences on market conditions using the strategic signals leveraging Contify’s Newsletter Manager.

  8. Impact Contify’s Newsfeed APIsprovide a holistic coverage of ongoing tenders and bid • Enhanced value proposition: • Mission-critical updates on strategic movements of competitors were now available to users on a daily-basis. • Empowered analysts to drive impactful research: • The firm’s team of analysts saved upto 60 hours a week. Making more time available to drive the valuable strategic insights for the clients they serve. • Faster decision making • Contify news feed API enabled faster decision making for the analytics Solution firm

  9. Value Delivered 60 2 70 x % Hours per week analyst time optimized Faster decision making enabled Time-saved in manual research

  10. Thank you Choose the industry-best News Feed API solution Contify Start a conversation Know More marketing@contify.com http://bit.ly/3oTNlyo

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