# Olive
*Also known as Olive*

- Website: https://olive.app
- Location: Victoria, British Columbia, Canada
- Agent profile: https://nowen.ai/agents/olive-app
- Industry: Procurement

> AI-powered platform that accelerates technology vendor evaluation and selection through collaborative requirements management and data-driven decisions.

Olive is an AI-powered platform that accelerates technology vendor evaluation and selection. It serves IT sourcing teams, procurement professionals, CIOs, consultants and other decision-makers by unifying requirements management, collaboration, and vendor intelligence in a single workspace. Olive aims to deliver unbiased, data-driven decision making across RFPs and vendor evaluations, helping organizations discover needs, gather and prioritize requirements, compare vendors, and shorten procurement cycles through structured processes and shared insights.

**Mission:** To enable faster, more reliable IT sourcing by providing a collaborative, data-driven platform that helps teams define needs, evaluate vendors fairly, and reach consensus without bias.

## Products & Services

### [The AI-Native RFP](https://olive.app/rfps/)
*Platform*
Accelerate vendor evaluation and decision-making with AI-native insights and collaboration.

- **AI-Driven Evaluation and Scoring** — Enhance Vendor Fit Assessment
- **Unified Requirements Management and Collaboration** — Streamline Collaboration Across Teams
- **Integrated Discovery Templates** — Speed Up Evaluation Process
- **Real-Time Comparison and Defensible Recommendations** — Achieve Informed Decision Making
- **Magic Fill for Quick Analysis** — Automate Response Generation
- **Stakeholder Surveys for Feedback** — Enhance Stakeholder Engagement

### [Consultancy Advisory Platform](https://olive.app/platform/scale-your-consulting-service-olive-ai/)
*Platform*
Accelerate consultancy services by unifying evaluation processes and leveraging AI-driven insights.

- **Guided Evaluation to Shortlist Faster** — Accelerate Shortlisting Process
- **AI-Powered Vendor Intelligence** — Leverage Real-Time Data Insights
- **Data-Driven Due Diligence** — Mitigate Risks In Evaluations
- **Cross-functional Collaboration** — Unify Teams Across Functions
- **Requirements Libraries and Internal Surveys** — Capture Stakeholder Insights Efficiently

### [Enterprise Vendor Intelligence](https://olive.app/vendor-intelligence/)
*Platform*
Streamline vendor selection and decision-making with data-driven insights and automated evaluations.

- **Data-Driven Vendor Comparisons** — Make Informed Decisions
- **Automated Due Diligence** — Streamline Evaluation Processes
- **Stakeholder Collaboration Tools** — Enhance Team Alignment
- **Integrated Vendor Research and Discovery** — Centralize Vendor Insights
- **Real-Time Evaluation Adjustments** — Adapt Quickly to Changes

### [RFP Tool](https://olive.app/rfp-tool/)
*Product*
Streamline your RFP process and enhance collaboration and decision-making.

- **End-to-End RFP Management** — Manage RFPs Efficiently
- **In-App Scoring and Audit Trail** — Ensure Accountability
- **In-App Vendor Collaboration** — Collaborate Seamlessly
- **Real-Time Vendor Engagement** — Engage Vendors Early
- **AI-Powered Vendor Insights** — Leverage AI for Better Decisions
- **Customizable RFP Templates** — Kickstart RFP Projects Easily

### [RFP Creation](https://olive.app/oliveai/)
*Product*
Streamlines RFP processes with AI-driven features for quicker, informed vendor selections.

- **Automatic RFP Generation** — Automates Document Creation
- **AI Vendor Recommendations** — Suggests Best Fit Vendors
- **Magic Fill Feature** — Quick Response Analysis
- **Guided RFP Creation Workflow** — Streamlines Initial Setup
- **Comparison Matrix** — Facilitates Informed Choices

### [Vendor Selection Software Powered By AI](https://olive.app/vendor-selection-software-powered-by-ai/)
*Product*
Accelerates vendor selection with AI, enhancing collaboration and decision-making efficiency.

- **AI-Powered Insights** — Leverage AI Insights
- **Faster Time to Decision** — Make Decisions 3x Quicker
- **Faster Requirements Consensus** — Achieve Consensus 4x Faster
- **Unified Collaboration Space** — Streamline Team Collaboration
- **Increased BA Efficiency** — Double BA Productivity

### [Vendor Selection Software for Digital Transformation](https://olive.app/vendor-selection-software-for-digital-transformation/)
*Product*
Streamline your vendor selection process to enhance digital transformation efforts.

- **Faster Decision Times** — Accelerate Decision-Making
- **BA Efficiency** — Maximize BA Effectiveness
- **Faster Requirements Consensus** — Streamline Requirements Alignment
- **Collaborative Decision Making** — Engage All Relevant Stakeholders
- **Resource Savings** — Cut Vendor Evaluation Costs

### [Vendor Research](https://olive.app/vendor-research/)
*Product*
Streamline vendor evaluations and decision-making with AI-driven insights.

- **Data-Driven Scoring** — Score Vendors Accurately
- **Pattern Matching and Gap Analysis** — Identify Fit Gaps
- **Large-Scale Evaluation Data** — Access Extensive Vendor Data
- **Comprehensive Insights** — Gain Valuable Market Insights

### [Vendor Discovery](https://olive.app/vendor-discovery/)
*Product*
Streamline vendor discovery to enhance sourcing speed and efficiency.

- **Evaluation-Ready Data** — Enable Fast Comparisons
- **Vendor Discovery and Mapping** — Identify the Right Vendors
- **Integration with Research** — Access Tailored Insights
- **AI-Powered Efficiency** — Automate Research Tasks
- **No Commitments** — Start Projects for Free

### [Software Sourcing Platform](https://olive.app/software-sourcing/)
*Platform*
Streamline the software sourcing process with AI-driven collaboration and vendor evaluation.

- **Collaborative Decision Making** — Enhance Collaboration Across Teams
- **End-to-End Software Sourcing** — Optimize Software Selection Process
- **RFP Templates and AI Guidance** — Simplify RFP Creation
- **Data-Driven Vendor Evaluation** — Make Informed Vendor Choices
- **Streamlined Budget Management** — Develop Financial Insights
- **Real-Time Feedback Integration** — Incorporate Stakeholder Insights

## Market Segments

- **IT vendor selection and procurement advisory** (market size $2.5B, CAGR 9%): End-to-end vendor evaluation and procurement support including AI-verified shortlists, feature-by-feature comparisons, and rapid vendor recommendations to accelerate technology selection.
- **RFP and sourcing management** (market size $5.5B, CAGR 13.5%): Capabilities to create and manage RFPs, request and compare quotes, track responses, and evaluate vendor proposals for procurement and vendor selection.
- **Vendor evaluation and procurement intelligence** (market size $7.0B, CAGR 12%): Comparative vendor assessments, buyer guidance, peer reviews and procurement-focused analyses to inform vendor selection, negotiation and purchase confidence.
- **Procurement governance and supplier collaboration** (market size $2.0B, CAGR 8.5%): Capabilities that provide governance, visibility, standardized catalogs, and in‑app supplier collaboration to enforce policies, approvals, and cross‑organizational procurement controls.