Feb 11 • 03:19 UTC 🇵🇱 Poland Rzeczpospolita

AI is winning contracts, grants, and customers for companies. Here are tools worth knowing

The article discusses how artificial intelligence is transforming public procurement processes in Poland, making it easier for businesses to secure contracts and grants.

The era where success in public procurement and acquiring grants was solely determined by the size of administrative departments has ended. In the age of artificial intelligence, entrepreneurs now have a powerful tool at their disposal. The public procurement market in the European Union accounts for roughly 20% of its GDP, with Polish grant pools alone exceeding 230 billion PLN last year. Despite this massive potential, many medium and small businesses found these funds out of reach due to an overwhelming number of formalities, complicated regulations, and the need to delegate staff to tedious documentation tasks.

However, intelligent algorithms are revolutionizing this dynamic by transforming previously lengthy processes into efficient workflows. What used to take weeks can now be accomplished in just a few hours with the help of AI assistants. This shift not only reduces the burden of paperwork but also enables smaller firms to compete more effectively for public contracts and grants. As businesses adapt to these technologies, the landscape of public procurement is expected to change significantly, favoring those who can leverage AI effectively.

In essence, the integration of artificial intelligence into public procurement signifies a pivotal shift in how companies of all sizes can engage with governmental and European Union opportunities. By overcoming traditional barriers imposed by bureaucracy, AI is positioned to democratize access to resources that were once limited to larger corporations, fostering a more inclusive economic environment.

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