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Digital Marketplace reaches $2b milestone
Digital Marketplace reaches $2b milestone
5 August 2020
Tags:
Digital sourcing and ICT procurement (/taxonomy/term/25)
Service design (/taxonomy/term/64) Digital transformation (/taxonomy/term/239)
The Digital Marketplace plays an important role in digital sourcing transformation. It removes
barriers to make it easier for small and medium enterprises (SMEs) doing business with
government. We’ve recently achieved the $2 billion milestone, showing the ongoing strength
of the Digital Marketplace and continued transformation of the buyer and seller experience.
It is now simpler for SMEs and start-ups to gain access to and win government digital
contracts. The Digital Marketplace offers a quick and simple process to join and sell to
government buyers. This process is fit for purpose, especially for early-stage start-ups and
scale-ups at state and federal level.
As of 31 July 2020, we have reported over $2.2 billion of contracts to AusTender, with over $1.5
billion awarded to SMEs. This represents a four-fold increase in total contract value since July
2019. There are over 2,700 sellers, 90% of which are SMEs, with 2,600 buyers from all
government jurisdictions. We have published over 4,300 opportunities on the Digital
Marketplace.
The Digital Marketplace is an important initiative driving our broader digital sourcing
transformation. It continues to iterate and improve the buyer and seller experience, with
further improvements planned for the service.
We have simplified and consolidated panel arrangements in line with the Digital Sourcing
Framework for ICT Procurement. This has improved the sourcing experience for both buyers
and sellers.
We operate marketplaces providing digital products and services to buyers of digital services,
software, hardware, telecommunications, and cloud services.
Marketplaces are ‘open often’ to make sure government is always open for business. Based on
user feedback, we iterate our marketplaces and continue to meet industry and government
needs and expectations.
For media enquiries email us at xxxxx@xxx.xxx.xx (mailto:xxxxx@xxx.xxx.xx)
For other enquiries email us at
xxxx@xxx.xxx.xx (mailto:xxxx@xxx.xxx.xx)
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