International Business Machines Corporation
Method for making cognitive bidding decision

Abstract:

A method for a provider to make a cognitive bidding decision may include using a processor and associated memory to a) obtain information, including unstructured data, relating to deals with procuring organizations, and b) determine a respective predicted business growth of each procuring organization based upon the information. The method may also include using the processor and the associated memory to c) determine a respective predicted growth of provider services for each procuring organization based upon the information, and d) determine a respective probability of winning each bid for each deal from each procuring organization. The method may further include using the processor and the associated memory to e) determine a respective predicted revenue based upon winning each bid, and determine whether to submit each bid based upon b), c), d), and e).