Tixx™
The Tixx™ Forecasting Model
In countries with a regulated economy, all works of national importance such as infrastructure, transport, space, defence, education, health, etc., are the subject of calls for tender, to which large companies respond, currently representing around 15% of GDP.
These companies then launch calls for tenders for supplies and related services to which SMEs respond; these then call on MSMEs for smaller supplies and related services, together accounting for around 20% of GDP.
These combined public and private markets generate income through employment for consumer spending that accounts for the remainder of a country’s GDP.
Within the EU alone, public procurement represents an annual trade volume of 525 billion euros (2021 figures). But Tixx™ takes into account public and private contracts published daily in 194 countries, enabling economic forecasts of pragmatic precision, making it easier to understand the daily ebb and flow of markets worldwide.
With an initial database of some 8 million contract award notices for 2023 alone, valid for up to 4 years after their publication date, the Tixx™ model is capable of calculating exactly what the future holds for all market sectors and their players.
Vision
Our goal at Tixx™ is to provide every company around the world with the business intelligence it needs.
Because what the world needs is intelligent business.
To achieve that aim, as well as academic and other business partners, we are inviting the 12,000+ chambers of commerce in the world to act as partners with Tixx™.
More than two thirds of their 45 million customers are micro-, small and medium-sized enterprises (MSMEs), whose fragility is increased by a first horizon that is often measured in days, and cannot plan for a second or third horizon since they lack the forecasting available to larger companies.
Yet in most OECD countries, MSMEs account for up to 70% of all employment[1] In the EU they represent 85% of new jobs and two-thirds of employment in the private sector[2], a proportion that is even greater in the emerging countries, where they represent about 90% of all businesses[3]
In every country, they are key to economic growth, innovation, employment, and social integration.
By making our pragmatic, sector-specific forecasting methodology available to them all, we are helping them to foresee and secure their own futures, as well as those of their employees.