Probabilistic Competitive Analysis
Strategic… Calculating… Winning
Possessing a competitive advantage is always desired for high stakes business matters. A Probabilistic Competitive Analysis can provide a clear understanding of the problem and provide a strategic and competitive edge for winning benefits. This brief shares a short synopsis of such an effort without any deep details due to the proprietary nature of the effort.
Project Overview
A major corporation with annual revenues of over $20 billion seeks to increase its odds of winning a large contract against competing organizations for a new power generator program.
Problem Definition
Understanding that the offering price needed to maximize the expected profits, with the understanding that this goal could also limit the company’s chances of winning the contract, PredictionProbe developed a strategy to achieve higher profits and greater probability of winning the desired contract award.
PredictionProbe’s Solution
A Probabilistic Competitive Analysis was conducted which considered the uncertainties regarding the competitors’ bids, as well as uncertainties in the overall probability of winning the contract award if the offered price was above or below the competitors’ bids by various incremental amounts.
Results & Conclusions
Based on the Probabilistic Competitive Analysis conducted, the organization won a $200 million contract with the increased profit margin they desired, which set them on the path for many future awards and dominance in their domain.
About PredictionProbe, Inc.
PredictionProbe, Inc. is a small business and proud provider of an elite offering of world-class predictive technologies, tools, and services that enable decision makers with real solutions for real world challenges. To learn more visit us at: predictionprobe.com
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