Attendees previewed a host of AI-powered innovations designed to satisfy the unique needs and stringent data security requirements of federal contractors.
TYSONS, Va., Nov. 9, 2023 /PRNewswire-PRWeb/ -- TechnoMile, a leading provider of transformative cloud solutions that empower companies to find, pursue, win, and retain more business with the government from go-to-market through contract closeout, announced its latest product innovations during its recent Elevate 2023 event, the company's annual customer conference that brings together clients, employees, partners, and industry thought leaders to discuss the latest trends in digital transformation and government contracting.
A key announcement was the introduction of GovSearchAI, a new platform for federal contractors that combines the power of AI with the intelligence in a company's CRM system, enabling rapid identification of the top federal opportunities a company should consider for pursuit. Using leading-edge large language models, the platform's proprietary recommendation engine continuously sifts through public procurement data, as well as private data regarding newly-published task/delivery orders on a company's contract vehicles and OTAs and recommends the leads each organization is best positioned to win. The platform's GovSearchAI Discover Copilot provides business development teams with an integrated, conversational experience to uncover lead intelligence and more rapidly qualify leads, instantly summarizing critical details from solicitations, task/delivery order notices, and related documents, plus allowing users to ask and get answers to their own questions as they evaluate leads.
"In the current environment, federal contractors are continuously asked to do more with less. At TechnoMile, we've been keenly focused on responsibly bringing the promise of AI to bear to help our clients meet the challenges of greater demands and fewer resources. TechnoMile's new GovSearchAI platform is an exciting example – our AI technology uniquely unlocks the value of public procurement data in combination with each client's own CRM data, significantly speeding business developers' ability to identify and evaluate opportunities for pursuit," said Ashish Khot, CEO, TechnoMile. "As we speak with Aerospace & Defense and GovCon organizations, there's a lot of excitement about AI but there's also a very real trust deficit. TechnoMile understands that data security and trust are paramount and we've meticulously selected models and built our AI framework with the protection of client data top of mind. We're balancing speed with responsibility and placing a priority on security, transparency, and explainability as we're delivering on our roadmap of AI-fueled capabilities."
In addition to announcing its new GovSearchAI platform, TechnoMile showcased a variety of product innovations that have been released or are on the company's near-term roadmap for its Growth and Contract Lifecycle Management (CLM) solutions, a few of which include:
To learn more about TechnoMile's new AI capabilities and other product innovations, visit technomile.com.
From go-to-market to contract closeout, TechnoMile provides transformative cloud solutions that empower companies to find, pursue, win, and retain more business with the government. Using TechnoMile's best-in-class cloud platform, companies optimize BD and capture processes, source market and contact intelligence, automate and de-risk the contract lifecycle, foster stronger relationships with partners/suppliers, and gain an information advantage that elevates enterprise performance. TechnoMile serves more than 200 clients ranging from growing small businesses, to mid-market organizations, to Fortune 500 companies, including over half of the top 10 federal defense contractors and 50 percent of the top 10 IT government contractors. For more information about TechnoMile, visit technomile.com or follow us at linkedin.com/company/technomile.