AutogenAI has launched in Australia and appointed Veteran business development leader, Emma Crichton to helm the local operations and further expansion into Asia-Pacific.
AutogenAI’s mission is to make tendering for government contracts more efficient and precise for businesses — saving potentially billions of dollars on contracts. Between July 2012 – June 2022 824,178 Federal government contracts were worth $564.5bn.
The company has an AI-powered bid and proposal writing software, helping companies of all sizes tender for public sector and corporate contracts across all industry verticals: consultancy, housing, infrastructure, health, defence, mining, energy, construction, humanitarian, human services and more.
The company estimates that its AI tool can increase the productivity of bid teams by 342 per cent, allowing businesses to focus on more strategic aspects of bidding such as reviewing their commercial approach, competitor analysis and senior review cycles.
“It’s an advantageous time to be launching in Australia and the region. We know government procurement is under the microscope more than it ever has been and new suppliers are being considered. AutogenAI can give these businesses a competitive edge, helping them to secure contracts and the government to get a better deal for the taxpayer,” said new AutogenAI Australia CEO, Emma Crichton.
AutogenAI Australia is launching with a small but mighty team of eight. However, the company said that this number will quickly increase, aiming to emulate the success of the company’s UK operations which now boasts more than 35 clients.
Australia is the first international market that AutogenAI has expanded into and the Nexus Centre innovation hub close to Bond University, Gold Coast, has been chosen as the base for its Australian headquarters.
AutogenAI founder and CEO, Sean Williams said, “We build language engines that help organisations to write bids, tenders and proposals more efficiently and more effectively. Australia is a world leader in the procurement space – from the build of the RFT to the assessment of bids, Australian procurement methods are best practice for creating a long-term sustainable market, one that is fresh, viable and relevant to the needs of the taxpayer. It was a no-brainer for Australia to be our first international market.”
The ambition for the Australian operation is to grow to around 100 customers in the next 18 months, which will need to be supported by satellite hubs in Sydney, Melbourne and Perth. By 2025, AutogenAI aims to have offices in Singapore and Hong Kong. AutogenAI recently received £23 million (AU$45 million) Series A funding from Blossom Capital which will fund further research and development, and international expansion.
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