Procurement market intelligence from Athena IQ offers three key advantages over manual internet searches: breadth, timeliness, and usability.
Our standard subscription service draws from online resources, aggregators like Lexis Nexis, analysts, government data, and discussions with in-country category experts. For custom reports, we can expand that scope to include interviews with suppliers or their customers.
Because every category is different, it is difficult to quote an average ROI. However, here are two examples of results our customers typically see.
Athena IQ primarily serves three industries – chemicals, metals, and oil and gas. We focus on providing insights on the second slice of their spend, the operation-critical products and services that rank right below strategic raw materials. Companies with similar spend breakdowns may also find our subscription service valuable.
Our typical subscriber is a procurement professional at a chemicals, metals, or oil and gas company. In some cases, the whole department subscribes. In others, a solo analyst or category manager owns a subscription. Chief procurement officers also use Athena IQ to stay current on their top spend categories.