Highlights
- Government procurement is a crucial demand-side tool which governments can employ to direct the national economy into a more sustainable state.
- To unveil the potential of open innovation for the public sector, it is vital that government organisations seek assistance from entities such as EarlyBirds.
- Australian company EarlyBirds believes in the strength of innovation in government procurement, which can replace the time-consuming conventional methods.
- EarlyBirds aims to help government entities unlock potential, enhance efficiency, and foster innovation.
In the recent times, the concept of government procurement has taken centre stage, garnering all the spotlight of the innovation agenda. While there are multiple factors contributing to this increase in focus on government procurement, budget has been one prime reason. Also, government procurement is a crucial demand-side tool which governments can employ to direct the national economy into a more sustainable state.
To unveil the potential of open innovation for the public sector, it is vital that government organisations seek assistance from entities such as EarlyBirds.
EarlyBirds has been batting for cultivating innovation in every field of work. The Australian company works as an open source innovation ecosystem. It believes in the strength of innovation in government procurement as well, which can replace the time-consuming conventional methods used for procurement by governments.
To understand it better, let’s look at an example of a healthcare body which follows traditional methods and strategies to deal with the present-day health issues of its patients. The inflexibility and slowness of traditional procurement technologies and strategies often leads to major delays in diagnosis, treatment, and cure of the health problems. This is primarily because some government purchasing agencies choose traditional methods over novel innovative solutions.
EarlyBirds provides an open innovation ecosystem platform with servicesfor early adopters, innovators, and subject matter experts (SMEs) to develop partnerships for swift adoption and advancement of technology innovation. Open innovation approach enables higher productivity, more efficiency, increased cost savings, and improved results.
Even governments have made huge savings on research and development related expenses using EarlyBirds open innovation system, says the company. The government agencies can overcome many challenges faced in public procurement through the implementation of such innovative solutions.
To know in detail about the platform, you may visit http://earlybirds.io.