WASHINGTON, May 17, 2016 /PRNewswire-USNewswire/ -- Bloomberg Government announces an update to its new BizDevEdge government contracting solution tool. The federal contracting business at Bloomberg Government is focused on helping business development professionals fill their pipelines with winnable opportunities.
BizDevEdge is an end-to-end business development solution that leverages a company's past performance data to predict future opportunities that clients should pursue. The two new features, Adjacent Markets and Markets Dashboard provide a more efficient and cost effective alternative to retain and grow business with current customers.
Using a constantly evolving algorithm, the adjacent markets feature, will suggest markets based on user behavior and patterns. This automation eliminates hours of research and data analysis involved in identifying new markets.
The Markets Dashboard allows federal contractors to create and track multiple markets by discipline or a combination of NAICS, agencies, set asides and location. Users can create an unlimited number of these markets and track them all in one place.
"It's always exciting to bring new innovations to our customers that help them work better, faster and smarter," said Nadi Penjarla, Head of Government Contracting Product, "Our team is constantly focused on developing products and features that give strategy and business development professionals the information they need quickly."
The BizDevEdge tool will soon be updated with best practice information necessary in the business development professional workflow as well as the P-Win & Expected Value feature.
For additional information, visit our website: www.bgov.com.
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SOURCE Bloomberg Government