Market Dojo: Difference between revisions
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Revision as of 18:50, 7 January 2015
| Industry | Internet Software & Services |
|---|---|
| Founded | 2010 |
| Founders | Nick Drewe, Alun Rafique, Nic Martin |
| Headquarters | , |
Area served | World Wide |
| Products | eSourcing Software [1] |
| Website | www.marketdojo.com |
Market Dojo
Market Dojo is an e-Procurement software company based in Bristol, England. The company was founded in 2010 by Nick Drewe, Alun Rafique and Nic Martin [2] . Alun previously worked at Rolls Royce before meeting Nick Drewe at Vendigital, whilst Nic Martin came from Attensity. All three co-founders studied at Bristol University.[3] The company's competitors include Ariba, Curtis Fitch and Scanmarket amongst others.
Technology
Market Dojo's software is based on the Ruby on Rails (RoR) platform, the same used by other e-Procurement solutions such as Coupa. It is hosted with Liberata. [4]
Funding
In 2011, Market Dojo was awarded its first grant by the Technology Stategy Board to the amount of £25,036 towards an overall project cost of £55,635. The deliverable from the project was to evolve the functionality of the Market Dojo software in order to broaden its appeal beyond the Private Sector and provide a low-cost, EU-compliant and fully auditable tool that could assist Public Sector organisations across all member states of the European Union. [5]
In 2012, Market Dojo was awarded a second grant from the Technology Stategy Board, this time to the tune of £24,949 towards an overall project cost of £55,443. This project was to develop an innovative procurement web application that will provide spend category insight, strategy and opportunity assessment for public and private sector procurement teams. [6]
In 2013, Market Dojo was awarded its third grant by the West of England Local Enterprise Partnership to the amount of £25,000 towards their research and development. [7] [8]
Products
Market Dojo have released three individually branded products:
- Market Dojo: their flagship eSourcing tool to enable organisations to negotiate with suppliers online.[9]
- Innovation Dojo: released on the back of their 2011 Technology Stategy Board grant, it was designed to help buyers and suppliers collaborate on ideas for improving the supply chain.[10]
- Category Dojo: the result of the 2012 Technology Stategy Board, it helps organisations better understand and prioritise their negotiation opportunities.[11]
Academia and Professional Relationships
Market Dojo actively collaborate with academia, forging strong ties with the University of Greenwich and the University of the West of England where they annually give lectures on eAuctions to their MBA and Business School students. [12]
Market Dojo have also given talks at events for the professional industry body CIPS on numerous occasions. [13] [14]
Lastly Market Dojo is an approved supplier on the UK Government Crown Commercial Service G-Cloud framework for providing eSourcing software as a service. [15] [16]
References
- ^ "Market Dojo New Wave Company". Jon Hansen, Procurement Insights.
- ^ "About Market Dojo". Market Dojo.
- ^ "Bristol University entrepreneurs". Bristol University.
- ^ "Liberata IT Solutions agrees data centre cloud contract with Market Dojo" (PDF). Liberata.
- ^ "Creating value for money in Public Procurement Framework Agreements (#720058)". Technology Strategy Board (project number 720058).
- ^ "A unique tool to provide spend category insight, strategy and opportunity assessment (#720189)". Technology Strategy Board (project number 720189).
- ^ "Market Dojo wins R&D funding". West of England LEP.
- ^ "Reverse auction entrepreneurs to bid for expansion with award". Bristol Post.
- ^ "marketdojo – A Dojo Where You Can Walk Your Own Way". Michael Lamoureux, Sourcing Innovation.
- ^ "Innovation Dojo - another new product from Market Dojo". Peter Smith, Spend Matters UK.
- ^ "Category Dojo - a new product from Market Dojo". Peter Smith, Spend Matters UK.
- ^ "MBA entrepreneurship course success". University of the West of England.
- ^ "eProcurement made easy". Chartered Institute of Procurement and Supply.
- ^ "Using e-Auctions to reduce the procurement cycle and save money". Chartered Institute of Procurement and Supply.
- ^ "Market Dojo G-Cloud IV profile". Crown Commercial Service.
- ^ "GOV.UK eSourcing Software". GOV.UK.