Blog/How AI turns tender data into market insight

Article

How AI turns tender data into market insight

How AI turns tender data into market insight

How can AI turn public tender data into strategic market insight? We look at what the data from Doffin and TED can reveal about opportunities and market trends.

Public procurement is not just a stream of individual competitions. It is a market, with contracting authorities that have purchasing patterns over time, suppliers that win and lose, and categories that grow or shrink. Even so, we see many suppliers focusing mostly on the most recent notices that appear. AI makes it easier to lift your gaze and see the bigger picture.

Market insight from tender data is not about finding one contract to bid on. It is about understanding which contracts exist, who wins them, and where there is room to win more. We walk through what that means in practice.

What market insight from tenders actually means

It helps to distinguish between two kinds of insight in the tender world. One is operational: which competition you should check now, when the deadline is, which requirements apply. That is useful every day, and it is where alerts and search come in.

Market insight is something else. It is about seeing the market over time. Which contracting authorities buy what. Which suppliers win which contracts. How much money actually changes hands within a category. Which trends move over months and years.

What we see in our customers is that the bigger the supplier, the more important this type of market insight becomes. It steers where the company invests in capabilities, which segments it bets on, and where it chooses not to participate.

What the data can actually show you

Tender data consists of three main types of information: planning, competitions, and results. It is all openly available on Doffin for Norwegian contracts and on Tenders Electronic Daily (TED) for contracts above the EEA threshold.

Prior information notices and indicative notices give an early signal about what is on the way. Strictly speaking they are not required to be published, but most buyers do it anyway. Contract notices show what is in demand right now. The results, or the contract awards, show what was actually bought, by whom, and over what period of time.

Price is usually stated in the award, but not always. Not all contracting authorities publish award data either, so the picture you get is often incomplete. Aggregated over time it still gives a picture of the market: how big it is, where it is growing, where it is concentrated around a few suppliers, and where it is fragmented.

It is this kind of overall picture you rarely get from reading one notice at a time.

What kind of insight AI helps you extract

There is a lot of useful insight tender data can give you. Some of the most common questions from the suppliers we talk to are:

  • Which contracting authorities buy what we deliver, and how often?
  • Which segments are growing, and which are stable or declining?
  • Which contracts are running out of their term and will be re-announced?
  • What kind of weighting and evaluation models do contracting authorities in our category use?

The questions above vary in how much data they require. Market segment growth and upcoming contract re-tenders can often be read from the notices alone, while questions about who actually wins depend on how complete the award data is.

AI does not help by finding the answers magically. It helps by making it much faster to pull structure out of messy data, so you can ask questions without waiting for an analyst who has time next week.

Concrete examples of market insight in practice

It is easier to understand what market insight means when it becomes concrete. Let us look at some hypothetical examples that illustrate how this kind of insight can be used.

Imagine an IT consultancy that discovers one particular county council systematically chooses local suppliers over the cheapest alternatives. That can change the strategy: instead of competing on price, the company can spend time establishing a local presence in the region.

Or imagine a supplier of office services who sees that a framework agreement they have never won is awarded to the same three companies time and time again. It is perhaps not a competition they have a real chance in. Or perhaps they can enter a partnership with someone to increase their chances. The insight can change the Go/No-go assessment for future framework agreements in the same segment.

A third example: a supplier of environmental services discovers that a new segment within climate and environmental remediation is growing fast among municipal contracting authorities. They can build expertise well before the competition takes off.

What AI cannot do on the market side

As we have touched on before, there is still a lot AI does not do. On the market side, the most important thing to remember is that AI cannot predict the future. It can show what has happened, and what is seemingly on the way, but the decision to invest or hold back still sits with humans.

AI also cannot replace direct dialogue about what the buyer is planning, nor catch what is discussed in market consultations, supplier meetings, and informal conversations. Our AI bid manager can however simulate the buyer's perspective on a bid as part of quality assurance, which we have written more about in our article on the AI bid manager.

What we see in our customers is that AI provides the factual foundation. The human layer on top is what makes the insight usable.

What kind of workflow this opens up

Market insight works best when it is part of a rhythm, not a one-off report. We see that the suppliers who get the most value out of this have built in some fixed checkpoints:

  • Thorough and frequent market reviews for management, with data on contracts, winners, and trends
  • Pre-analysis before the company decides to bet on a new sector or geography
  • Ongoing competitor monitoring, so it does not come as a surprise when a player moves into the same field

This is the kind of continuous workflow our market insights feature is built for. You get consolidated data, searchable views, and automatic summaries that make it possible to keep the market overview up without having a dedicated analyst.

Cobrief's AI agent can also work directly with market analysis for you in conversation. You can ask it who wins contracts in a category, which competitors a specific buyer tends to pick, or what kind of contract values are typical in a segment, and get answers with references to the source data.

Closing thoughts

Market insight is not just a report that sits on a shelf. It is part of the strategy for how the company works with public procurement. When the data is in place, the questions get clearer, and the decisions become more fact-based.

The nice thing about having market insight and the daily bid work in the same tool is that when you have identified an opportunity, you can go straight to working on it in the same agent. You can read more about how the agent supports the bid work itself in our article on the AI bid manager.

We at Cobrief are happy to talk about how market insight can fit into how you work with public procurement today.

Related articles

Ready to win more tenders?

Over 2,500 companies use Cobrief to win more tenders.