The National Digital Exchange (NDX) is a new digital hub being built to help improve the UK public sector’s procurement of technology.
Currently in early development, the hub is set to modernise how the public sector invests £26 billion a year on technology. It hopes to save up to £1.2 billion annually through enabling hospitals, schools and government departments to rate suppliers and make faster decisions on which tech to buy.
In a major shift, the platform aims to use an AI powered engine to match teams with suppliers based on what they actually need, significantly reducing processing times. Additionally, this should all contribute to opening the market to more UK tech firms, with a target of a 40% increase in small business involvement in government contracts.