Tendium is a company that leverages artificial intelligence to transform the public procurement process. Operating in the public sector market, Tendium aims to address the inefficiencies and lack of transparency in government contracts, which often result in significant financial waste. The company serves government agencies and vendors by providing tools that streamline the procurement process, expose rigged contracts, and ensure taxpayers receive greater value for their money.

Tendium's business model revolves around offering AI-driven software solutions that analyze and optimize public procurement contracts. The company generates revenue through subscription fees and service charges for its software platform. By creating a more transparent and efficient procurement process, Tendium helps government agencies manage their budgets more effectively and vendors compete on a level playing field.

Keywords: AI, public procurement, government contracts, transparency, efficiency, cost-saving, vendors, software, subscription, optimization.