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Procurement is changing as we speak. New problems require new solutions, and there are thousands of innovators out there that are not listed in traditional supplier databases. Novable is the procurement professionals’ partner for innovation sourcing.
Enter a search briefing using natural language, and let you be guided until you receive a ranked list of relevant startups based on your needs and requirements: it’s your Golden Basket.
Browse your list and decide at a glance whether it’s a fit – or not (bye bye long tables with piecemeal data), follow companies, request lookalike searches, train your AI for even better further results – and more.
The new way of browsing innovation is here.
Since innovation requires details, nuances and some complexity, the Novable Platform takes your search briefings very seriously. In a couple of straightforward steps, the computer catches it all to properly understand all components and their relative weighting, just like a consultant would do in a meeting room.
The result? A better matching rate delivered at the speed of light – and quality-checked on top by our expert team, with all required confidentiality and data security measures taken.
Novable seemed like the best option in terms of user experience, price, and results. Having those lists of companies presented to you every couple of days cuts down on so much time and it’s a much easier workflow for me.
We had a very specific customer request for a practically non-existing technology in eCommerce. In just 2 iterations (2 hours of workload for us), Novable managed to find 3 times the amount of companies we had after multiple weeks of research. The quality of the startups was top-notch (over 66% match rate). Some relevant companies were completely under the radar, meaning we were the first ones to reach out to them. This is great news for any CVC initiative and innovation consultants: Novable can deliver a blue ocean that no other solution could find.
We were conducting market research around MedTech companies in several domains. Thanks to regular touch points and iterative precision, Novable delivered many new and unknown companies (82), which further increased the value for our customer. The best part is that it only took me a couple of hours to get there.
Our objective is to know where we, and our technology, stand within the market. Novable helps us to map the current technology landscape out.
Novable was quite impressive on its way to collect specific companies, specialised in NFTs, which was in scope with my search criteria and did this very rapidly.
The results provided by the platform are efficient and relevant. Additionally, the startup scouting tool has well-designed ergonomics and features. A big part of our great relationship has to do with the very good support of the team, too.
The pharmaceutical industry requires constant innovation. We need to find the right thing to develop and do it on time. Novable helps us to be more efficient in these tasks.
To stay in the state-of-the-art you need to know what is happening outside of the bubble. Using Novable to benchmark the potential companies you could be interested in is extremely useful.
Novable’s AI keeps iterating until it converges toward accurate results. We used other AI tools internally, but they never converged the way Novable does. Novable takes a different approach and uses feedback loops that refocus the AI to reach convergence. It helped us find incredible companies that our own research and other tools were unable to find.
Our partnership with Novable ensures us a constant flow of innovative companies and feeds our teams with new ideas.
