Contify, the AI-enabled market and competitive intelligence solutions provider, has announced today that it has successfully deployed its News Feed APIs to help a predictive analytics company enrich it’s bid management software suite with real-time and accurate updates on new business opportunities for its public and private sector clients in the aerospace and defence sector.
Contify configured its platform to track tender records and contract updates maintained by government agencies of different countries on their respective regulatory portals, trade reports on information databases, social media channels and press release sections of company websites, and news websites with coverage on niche industry sectors.
The sourced updates were subsequently tagged against a custom taxonomy and pushed directly to the firm’s application servers using Contify’s News Feed APIs.
By automating the sourcing of noise-free and accurate updates, the firm was able to provide its users with a holistic coverage of ongoing tenders and bids on a daily basis.
“Valuable business information is often available for free on the internet, but is scattered across different websites, buried under a mountain of irrelevant updates, and difficult to access because of unintuitive user-interfaces. The success that this firm has achieved with the implementation of Contify’s News Feed APIs is a testament to the fact that to extract information of strategic importance, we need software that is specifically designed to isolate the signals from the noise.” says Mohit Bhakuni, the Founder and CEO of Contify.
Contify offers an AI-enabled Market and Competitive Intelligence solution that tracks information on competitors, customers, and industry segments. It enables users to collect, curate, and share information across the organisation. Intelligent (actionable) information is mined by searching and analysing information from over 200,000 online sources including news, company websites, social media, reviews, discussion forums, job postings, regulatory portals, and more.