Vertice Plans to Build the World’s Largest Procurement Data Set

Procurement platform Vertice outlines a strategy to assemble a massive data set. The goal is to create the world’s largest collection of procurement information. Vertice intends to aggregate data from public and private sourcing activities. The dataset will be used to power analytics and benchmarking tools. The initiative is detailed in Procurement Magazine. Vertice aims to improve transparency for buyers and suppliers. No timeline for completion was disclosed in the source. Stakeholders will monitor the project’s progress for industry impact.