- This new platform will be embedded with data analytics
- GeM has over 8 lakh medium and small enterprises
To enhance the Government e-Marketplace (GeM) platform, Tata Consultancy Services (TCS) has been selected by the Indian government.
TCS will modernise the platform with new technologies. It will be based on an open-source and open-API architecture which will make it capable of handling the predicted six-fold increase in GMV in the coming years.
GeM is an online platform for public procurement in India. It works for the central government, state governments and public sector undertakings (PSUs). Presently, the GeM have a Gross Merchandising Value (GMV) of Rs 2 lakh crore, with over 70,000 buyer organisations and 65 lakh goods and service providers, which include over 8 lakh medium and small enterprises.
The company’s agenda is to enhance the user experience for all stakeholders. GeM’s latest design will be easier to access by new sellers. This new platform will be embedded with data analytics, which forecast projections and improves supply chain management, and advanced AI/ML technologies to help identify potential fraud, enabling more transparent operations.
“In its next avatar, GeM is envisioned to be an all-inclusive platform for government procurement, offering improved ease of doing business and transparency,” said P K Singh, CEO of GeM.
“With TCS as our SI partner, we are assured of architecting the new GeM with unmatched experience, rigour, and passion to develop a world-class solution with resilient design, enriched user experience and innovative services. We also look forward to TCS’ expertise of managing mission mode programs. We have a strong aspiration to scale up GeM to transcend geographies,” he added.
“We are proud to partner with the Government of India for the GeM platform’s digital transformation, adding to our long list of contributions to Digital India. Our extensive experience in delivering large-scale transformation projects, technology expertise, deep domain knowledge in public services, and world-class delivery governance will help GeM achieve its vision for the next decade,” TCS’ Business Head of Public Services, Tej Paul Bhatla, said.
“The new GeM platform will transform public procurement with enhanced user experience, improved transparency, and greater inclusivity,” Bhatla added.
The agenda behind this partnership is to improvise the current online marketplace into a state-of-the-art public procurement platform with enhanced efficiency, transparency and inclusivity.
