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How is artificial intelligence revolutionizing the monitoring and analysis of public procurement and renewable energy markets?
In a constantly evolving market, identifying the best opportunities is a major challenge for renewable energy companies, as well as for any organization looking to respond to tenders or monitor public procurement in France. The complexity of monitoring processes and the growing volume of information to process make this task both time-consuming and strategic. This is where AI comes in, offering innovative solutions to optimize data search and analysis.
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Organizations must monitor various sources to stay informed about public tenders:
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Integrating AI into tender monitoring and analysis processes helps automate and enhance several key aspects:
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Natural language processing (NLP) algorithms can automatically extract essential information from tender documents (type of service, CPV codes, amounts, deadlines, power levels, contacts, etc.). This allows users to set alerts based on specific criteria.
For example: "Photovoltaic tender > 1 MW on the ground, including maintenance service."
This significantly reduces the number of irrelevant tenders received, making the search process much more efficient.
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AI can highlight the most relevant opportunities based on multiple criteria (type of notice, geographic area, buyer, power level, type of service, etc.).
By using vector databases, AI can model millions of tenders in multi-dimensional vector spaces and suggest the most relevant opportunities based on user queries.
Additionally, foundation models (such as Mistral, Gemini, etc.) trained on relevant tender data can identify key elements within unstructured and heterogeneous datasets.
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AI can detect weak signals not only in tenders but also in various related data sources (deliberations, minutes, MRAe and DREAL notices, decrees, building permits, public inquiries, administrative acts, regional plans, etc.). This allows for precise identification of projects based on criteria such as power level, voltage, surface area, and more.
Read also: How to spot weak signals in the energy market?
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Adopting AI in tender monitoring and analysis offers several advantages:
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AI is becoming an essential tool for optimizing tender monitoring and analysis in the public sector and renewable energy markets. Companies adopting these technologies gain a significant competitive advantage by reducing their workload while improving decision-making.
Deepbloo uses advanced language models (LLM) to enrich, analyze, and classify its public procurement database. We have been integrated into the Google for Startups Cloud program and continue to advance AI in collaboration with the Institute of Data Sciences of Montpellier (ISDM), the Bordeaux Laboratory for Research in Computer Science (LaBRI), and the University of Bordeaux. We are also labeled by the DERBI and Minalogic competitiveness clusters.
Our expertise in the field gives us the honor of presenting our advances on these topics at the annual Dataquitaine conference on AI, Operational Research, and Data Science.
π Would you like to learn more about optimizing tenders with AI?
Book a free, no-commitment, 20-minute demo here. We will answer all your questions !
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