Artificial intelligence and machine learning in bid management is an emerging area of interest and its application is changing virtually every industry and business function. Not since the industrial revolution have we seen as much advancement in such a short window of time. Data science is now king.
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In the very near future bid management will combine robotic process automation (RPA) with cognitive technologies such as machine learning technologies such as machine learning, speech recognition, and natural language processing. These technologies will help to automate higher-order tasks wtih AI assist that in the past required the perceptual and judgement capabilities of humans. These are just some of the ideas that we at Bidhive dream of for our industry. Read about them in our whitepaper.
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