Govspend is Launched


Canberra, Australia – Veritec announces the release of a new market research tool, GovSpend. Govspend is a dynamic visual analytics tool that helps analysts conduct public sector market analysis. Using publicly available procurement and contract data, Govspend provides a unique insight into the spending patterns of government. Govspend is for anyone looking to find out who is selling to government, what they are selling and which departments and agencies are buying.

The GovSpend website consolidates Australian public sector expenditures on services and products, improves the quality of the data and merges it with other publicly available data to generate unique insights. This service provides invaluable information about various sections of the market; most frequent out-sourced services; and top trusted services’ providers. Through its interactive user interface, GovSpend, allows you to investigate the available public data, slice and dice and build your own reports, uncovering opportunities and granting your team a strong competitive edge. GovSpend has been developed using TIBCO Spotfire technology and deployed on Microsoft Azure Cloud Services.

Matthew Ryan, Head of corporate strategy and product development, says “We are very proud of our minimal viable product, the team has done a great job in a very short period of time. This product adds to our portfolio and demonstrates our commitment to innovation in the ACT. We will be expanding data sources and encouraging feedback from our users over the coming months to make the product even better”.

About Veritec
Founded in 2014, Veritec is an Australian Technology Solutions Company with more than 90 professionals in Canberra, Sydney and Melbourne. Veritec, has emerged from a management buy-out from Cordelta. The team have a successful track record of delivering innovative products through modern approaches since 2004. Through its strategic alliances, Veritec, delivers cutting edge solution and technologies to the Public Sector. Veritec is a Microsoft Gold partner and TIBCO Gold partner.

About Spotfire
TIBCO Spotfire originally a business intelligence company based in Somerville, Massachusetts was brought by TIBCO in 2007. Tibco Spotfire allows customers to analyse the data using predictive and complex statistics in the analysis. TIBCO Spotfire products offer a rich visual and interactive experience that helps professionals quickly discover new and actionable insights in information.

About MS Azure Cloud Services
Microsoft Azure is an open and flexible cloud platform that enables you to quickly build, deploy and manage applications across a global network of Microsoft-managed datacenters. You can build applications using any language, tool or framework. And you can integrate your public cloud applications with your existing IT environment. Talk to Veritec today about how you can start to leverage the power of the Microsoft Cloud Platform.