iSOCO and nexus IT offer the first application that unifies management of the quoting process

• The technological tool integrates iSOCO's iQuotes® into nexus IT's electronic contracting and quoting system, Plyca®, and it covers a sector of the market for which there were no solutions

Online PR News – 01-September-2011 – – The two companies have launched a technological solution that will enable public authorities to supervise the contracting of services from a single platform and with complete transparency. The IT application incorporates the iSOCO electronic auction module, iQuotes, into nexus IT's electronic contracting and quoting system, Plyca.

The new product is the result of a natural symbiosis of the functionalities of the iSOCO tool and the nexus IT tool to create the first application on the market aimed at covering all the stages of the quoting process, from preparing the contract to negotiating terms and awarding the contract. This ensures complete transparency of the process for providers.

The aim of this collaboration between the two companies is to establish a clear line of cooperation between the market leaders and to offer them an effective and complete contracting management solution in a single application.

iQuotes is iSOCO's electronic platform which contributes to optimising the purchasers' negotiation process, from requesting information to the final negotiation on any product or service.

Plyca is nexus IT's public quoting and contracting system for managing public quoting and contracting in the government and business sectors according to a flexible global model that can be adapted to the specific needs of each client.

iSOCO's general manager, Javier Aróstegui, explains that, thanks to this alliance, "we can maintain our commitment to finding the best solutions for companies and institutions".

More information:

About iSOCO

iSOCO is Spain's foremost ICT company with a clear commitment to internationalisation as a leading technology provider to help companies develop and position themselves in the Network Economy. It has its own R&D centre, iLAB, and it stands as an international leader in semantic technology and artificial intelligence. Its main differentiating factor resides in the combination of a range of services based on proprietary technology.

It was founded in 1999 as a spin-off of the CSIC (the Spanish High Council for Scientific Research) and has a clear global outlook and local presence in the main markets. It is the only Spanish company to appear in the WCM Marketshare2010 and the instigator of the Spanish LinkedData Association (AELID).

With blue-chip clients like Almirall, AstraZéneca, Bankinter, BT, Colt, Grupo Leche Pascual, La Caixa, Repsol YPF and Zurich, among others, iSOCO is internationally renowned and possesses one of the most comprehensive semantic engines in the world: Semanti-K ®