CALGARY February 15, 2024 \u2013 Ontopical announced today the latest release of its government market intelligence platform equipped with an AI Copilot to help companies discover early signals of local government contracts with instant answers to develop winning proposals. With annual local government contracts in North America forecast to be worth more than $2 trillion USD in 2024, Ontopical is the first government market intelligence provider to offer advanced AI detection and guidance on bid preparation.<\/p>\n\n\n\n
Winning new public sector work is difficult for businesses, as incumbent providers have a hard-to-shake advantage. Even for firms with significant sales teams, it\u2019s labor intensive to discover new government opportunities before an RFP, and by then it\u2019s often too late to build relationships or prepare a winning proposal.<\/p>\n\n\n\n
\u201cTo build business with local governments across the U.S. and also Canada, companies need complete data monitoring and an advanced way to filter that data for relevant opportunities and actionable answers to best bid,\u201d said Clayton Feick, Chief Executive Officer, Ontopical. \u201cOur AI<\/a> Copilot: Oliver, is the first Copilot with this capability and helps companies scale municipal work, focus business development teams on opportunities with a higher likelihood of closing, and saves hours finding opportunities and preparing the bid.\u201d<\/p>\n\n\n\n