Since transparency laws make every government document and budget detail available to the public, Gillespie and his team designed a business intelligence platform that catches this data spray, then ingests, normalizes, and standardizes it. “We’re taking disparate data sets and mashing them up in a way that allows our clients to see around corners,” he explains. “Govini captures all publicly available government spending, which by itself is an invaluable resource, but then we layer on analytics, using those historic events to calculate the probability of similar, future events.”
This Big Data approach is quickly setting the Govini platform apart from its competition. Other solutions in the market rely on a traditional analyst model to gather, interpret, and input data, providing only a partial view of spending and limited search capabilities. Govini brings the competitive advantage of stronger market intelligence to answer critical strategy questions. C-suite executives use Govini analytics to visualize changing market dynamics, market size, opportunity qualification, competitive positioning, and partner profiling across a wide range of verticals that include Aerospace and Defense, Information Technology, Business Services, Construction, and Healthcare.
Govini's database of record provides companies with a fact-based view of the market so they can follow the money
Clients also use Govini for M&A work to explore adjacent marketplaces, identify the undervalued or optimal assets, and then attribute an accurate market value to them.
According to Gillespie, Big Data technologies will become more and more ubiquitous, commercialized, up-scaled, and commoditized. Currently, the company is experimenting with non-traditional data sources and machine learning technologies to enhance its platform. “Our growth really focuses on the integration of new, often orthogonal data sources, and we are actively hiring the best and brightest talent in the DC area,” he adds.