Summary
Nilo is developing an AI system to automate and structure the construction bidding process, a $2 trillion U.S. industry currently reliant on manual methods like email and spreadsheets. The platform aims to convert vendor email traffic into structured estimating data, initially focusing on RFQ management and vendor quote parsing. By streamlining workflows between RFQs, vendor quotes, and bid analysis, Nilo seeks to significantly improve efficiency in this largely manual sector.
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