Technology
Tengo untangles the chaotic world of public sector procurement with artificial intelligence
To have uses artificial intelligence to look, evaluate and reply to public tenders. It’s a software-as-a-service tool that helps corporations handle large-scale public tenders – kind of like that Govly in the USA Originally created in a startup studio Hexthe startup raised a €3 million funding round led by Point nine ($3.2 million at today’s exchange rate).
For most corporations, public tenders represent a big, untapped market because they require significant resources. In France alone, there are over 200 platforms where public tenders happen. Even should you discover opportunities, it can take time to create a solid application.
That’s why many corporations outsource this sort of work to freelancers or consulting corporations. However, Tengo believes that technology has the potential to simplify the entire public procurement value chain.
“In France, the government spends half a billion euros every day – government in a broad sense, including ministries, regions, departments, parapublic agencies, cities, etc.” Tengo co-founder and CEO Hugues Renou told TechCrunch. “Specifically, it’s about roundabouts, school chairs or a training service.”
Customers first create a public tender data file, defining their criteria. Tengo then scans all public portals hosting tenders to seek out latest tenders that meet these criteria.
Public tenders are often extremely precise to avoid corruption or overspending. So corporations often read documents that will be as much as 50 pages long and describe what the government is in search of.
One of Tengo’s clients is Open classrooms. “Tenders for training are published every day. However, they are only interested in training courses that are 100% online,” Renou said. Instead of analyzing documents, Tengo routinely identifies this element and 40 other criteria.
As you may guess, Tengo uses artificial intelligence to research the information contained in these documents. It can highlight key elements, but in addition confer with essential pages.
Like many modern software-as-a-service tools, Tengo also acts as a central repository for all things related to public procurement. Companies get an summary of all their current applications. Employees can add comments and share the offer with one other team member. Tengo customers may receive notifications about upcoming offer expiration and extensions.
And when it’s time to use, Tengo has built-in AI integration to generate documents. I’m sure many corporations already use ChatGPT or one other LLM-based chat assistant to take part in public tenders. But with Tengo integration, you don’t have to change to a different service.
Ultimately, Tengo hopes that many of Tengo’s customers will find a way to cooperate and submit a joint application to the public tender. “The government encourages SMEs to bid for public contracts because they have a level of expertise that large companies do not have, but also because it is a way to use public money to finance many more businesses in the economy,” Renou said.
The startup remains to be in its early days, having attracted only a number of dozen customers. But the company’s early clients include OpenClassrooms, Citron, Theodo and Carrefour Pro. Now let’s examine if this may turn working on this product right into a successful business, because in France there are over 40,000 corporations collaborating in public tenders.
Technology
US medical device giant Artivion says hackers stole files during a cybersecurity incident
Artivion, a medical device company that produces implantable tissue for heart and vascular transplants, says its services have been “disrupted” resulting from a cybersecurity incident.
In 8-K filing In an interview with the SEC on Monday, Georgia-based Artivion, formerly CryoLife, said it became aware of a “cybersecurity incident” that involved the “compromise and encryption” of information on November 21. This suggests that the corporate was attacked by ransomware, but Artivion has not yet confirmed the character of the incident and didn’t immediately reply to TechCrunch’s questions. No major ransomware group has yet claimed responsibility for the attack.
Artivion said it took some systems offline in response to the cyberattack, which the corporate said caused “disruptions to certain ordering and shipping processes.”
Artivion, which reported third-quarter revenue of $95.8 million, said it didn’t expect the incident to have a material impact on the corporate’s funds.
Technology
It’s a Raspberry Pi 5 in a keyboard and it’s called Raspberry Pi 500
Manufacturer of single-board computers Raspberry Pi is updating its cute little computer keyboard device with higher specs. Named Raspberry Pi500This successor to the Raspberry Pi 400 is just as powerful as the present Raspberry Pi flagship, the Raspberry Pi 5. It is on the market for purchase now from Raspberry Pi resellers.
The Raspberry Pi 500 is the simplest method to start with the Raspberry Pi because it’s not as intimidating because the Raspberry Pi 5. When you take a look at the Raspberry Pi 500, you do not see any chipsets or PCBs (printed circuit boards). The Raspberry Pi is totally hidden in the familiar housing, the keyboard.
The idea with the Raspberry Pi 500 is you could connect a mouse and a display and you are able to go. If, for instance, you’ve got a relative who uses a very outdated computer with an outdated version of Windows, the Raspberry Pi 500 can easily replace the old PC tower for many computing tasks.
More importantly, this device brings us back to the roots of the Raspberry Pi. Raspberry Pi computers were originally intended for educational applications. Over time, technology enthusiasts and industrial customers began using single-board computers all over the place. (For example, when you’ve ever been to London Heathrow Airport, all of the departures and arrivals boards are there powered by Raspberry Pi.)
Raspberry Pi 500 draws inspiration from the roots of the Raspberry Pi Foundation, a non-profit organization. It’s the right first computer for college. In some ways, it’s a lot better than a Chromebook or iPad because it’s low cost and highly customizable, which inspires creative pondering.
The Raspberry Pi 500 comes with a 32GB SD card that comes pre-installed with Raspberry Pi OS, a Debian-based Linux distribution. It costs $90, which is a slight ($20) price increase over the Raspberry Pi 400.
Only UK and US keyboard variants will probably be available at launch. But versions with French, German, Italian, Japanese, Nordic and Spanish keyboard layouts will probably be available soon. And when you’re in search of a bundle that features all the things you would like, Raspberry Pi also offers a $120 desktop kit that features the Raspberry Pi 500, a mouse, a 27W USB-C power adapter, and a micro-HDMI to HDMI cable.
In other news, Raspberry Pi has announced one other recent thing: the Raspberry Pi monitor. It is a 15.6-inch 1080p monitor that’s priced at $100. Since there are quite a few 1080p portable monitors available on the market, this launch is not as noteworthy because the Pi 500. However, for die-hard Pi fans, there’s now also a Raspberry Pi-branded monitor option available.
Technology
Apple Vision Pro may add support for PlayStation VR controllers
According to Apple, Apple desires to make its Vision Pro mixed reality device more attractive for gamers and game developers latest report from Bloomberg’s Mark Gurman.
The Vision Pro was presented more as a productivity and media consumption device than a tool geared toward gamers, due partly to its reliance on visual and hand controls moderately than a separate controller.
However, Apple may need gamers if it desires to expand the Vision Pro’s audience, especially since Gurman reports that lower than half one million units have been sold to this point. As such, the corporate has reportedly been in talks with Sony about adding support for PlayStation VR2 handheld controllers, and has also talked to developers about whether they may support the controllers of their games.
Offering more precise control, Apple may also make other forms of software available in Vision Pro, reminiscent of Final Cut Pro or Adobe Photoshop.
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