Twenty5 Blog

Insights from David Baum: Winning Government Contracts In the competitive world of government contracts, winning a Request for Proposal (RFP) can be a game-changer for businesses. David Baum, CEO of Red Ocean LLC , shares his extensive experience and strategies for crafting winning proposals. His insights reveal that success in this arena is as much an art as it is a science. He emphasizes the importance of understanding the RFP process from the evaluator's perspective. "You

Understanding the Basics of Pricing Pricing is not just about covering costs and making a profit. It's about understanding the value your product or service provides to customers and setting a price that reflects that value. A well-thought-out pricing strategy considers factors such as market demand, competition, and customer perception. As the renowned economist Milton Friedman once said, "The most important single central fact about a free market is that no exchange takes p

How AI is Transforming Knowledge Work and Complex Pricing

3 Pricing Myths That Are Costing Your Business Millions of Dollars

Reflections from the SAP Aerospace & Defense Industry Event

Meet the Women of Twenty5 to celebrate Women's History Month.

As we look towards the future, the aerospace and defense industry is poised for significant transformation. With 2025 upon us, companies...

As we step into this new year, the landscape of professional services is evolving at an unprecedented pace. With advancements in...

Project cost estimating, a critical function in these industries, is under significant transformation due to technological advancements, eco

A guide by Twenty5 to help you improve cost estimation accuracy and avoid commonly made mistakes.

Get to know the wonderful people that make up the Twenty5 Team! Meet Jenny Minney, our Marketing Manager here at Twenty5. Learn more...

Pricing for complex or project-based projects and services firms is challenging, involving vast reams of data, intricate calculations, understanding of market dynamics in low-volume markets transaction-wise, and customizing the pricing to match your client’s requirements. Pricing for Government contracts adds more complexity in terms of justifying the cost (called the ‘basis of estimate’) and avoiding fines for false or untrue costing. Did you know the top aerospace & defense