For government

Making savings in the public sector

The UK Central Government has savings targets of £44bn to meet by 2013. These are savings that will come from Government bodies aggregating demand and leveraging buying power. However, to do this the Government needs better data. Ticon Foresight is a step towards more complete and informative procurement data.

What is Ticon Foresight?

Ticon Foresight is a unique database with the most comprehensive detail of Government contracts, tenders and suppliers across the UK and Europe. We use this data along with multiple sources; websites, press releases and direct contact with agencies; to gather contract data and build comprehensive data sets for contracting activity in different categories, adding meta-data to give the context needed to assess a contract’s value for money.

What can Ticon Foresight do for you?

Using our analysis on the prices of each contract you can see where you can make real savings in your contracting . With 10 years experience, Ticon’s consultants have the expertise to analyse complex procurement data, identifying real savings opportunities, and building reports to provide public sector buyers with the data to make savings. Our team can support you through group or individual workshops, taking you through the data findings to ensure your complete understanding of where cost saving procurement lies.


Take a look in more detail at what Ticon Foresight can offer your organisation. This presentation shows how it works, what insight you can expect to gain and how you can use this information.
Ticon Foresight - Delivering savings through data (Download PDF)

Ticon Foresight can show you:

• Evidence of the savings that you can achieve if you collaborate
• New suppliers, increasing competition for your tenders
• Benchmarking value for money
• An indication of price savings by contract size
• Best value contracts, giving buyers insight into savings opportunities across categories
• Opportunities for e-auction events
• How to manage your procurement resources

Ticon Foresight can give you:

• An understanding of where your savings are going to come from
• An assessment of your current ability to meet savings targets
• Priorities for quick wins
• The ability to develop a clear, forward-looking strategy for your procurement activity

Ticon Foresight and Ticon’s consultants give you the complete process of data, analysis and reporting that cannot be gained from a database alone. We ensure that you gain the knowledge and find the opportunities to make real savings.

To find out more, get in touch

If you would like to know more about our Ticon Foresight services complete the form below.

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