CFIUS rules finalized for reviewing foreign investment in U.S.

CFIUS | January 13, 2020

New regulations for how the federal government reviews foreign investment in the U.S., including private equity and real estate transactions, were finalized Monday by the Treasury Department. The rules, which become effective Feb. 13, were mandated by the bipartisan Foreign Investment Risk Review Modernization Act of 2018 that expanded the ability of the federal government's interagency Committee on Foreign Investment in the United States, or CFIUS, to review transactions based on the degree of control of a foreign investor or government. Under the changes, CFIUS officials will now be able to pay closer attention to transactions involving critical technology and infrastructure or operations that collect sensitive personal data on U.S. citizens. Critical infrastructure sectors include telecommunications, utilities, energy and transportation.

Spotlight

Come January 17, all three major carriers (FedEx, UPS and USPS) will have raised their shipping rates. Every online retailer will be affected in some way, which is why there is no better time than the present to re-evaluate your shipping mix to ensure that you are using the most cost-effective solution for your business.

Spotlight

Come January 17, all three major carriers (FedEx, UPS and USPS) will have raised their shipping rates. Every online retailer will be affected in some way, which is why there is no better time than the present to re-evaluate your shipping mix to ensure that you are using the most cost-effective solution for your business.

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CYBERSECURITY

Linux Foundation and Rancher Government Solutions Partner to Support U.S. Government & Military Mission to Securely Modernize Tech

Rancher Government Solutions | November 23, 2022

Today, the Linux Foundation, the nonprofit organization enabling mass innovation through open source, announced it has partnered with Rancher Government Solutions https://www.ranchergovernment.com/, which is specifically designed to address the unique security and operational needs of the U.S. Government and military as it relates to application modernization, containers and Kubernetes. The partnership combines the expertise of the Linux Foundation, the world's leading resource for open source training and certifications, with the breadth and depth of RGS which is dedicated to helping the U.S. Government and military achieve its missions to securely modernize via the cloud using containers and Kubernetes all with a focus on DevSecOps. "Partnering with RGS to support the United States government in their adoption of open source through secure tools and training is critically important in these uncertain times, We could not be more proud to be working with RGS, whose focus on secure, open source tools and code – particularly Kubernetes and cloud-enabled DevSecOps – for the U.S. Government is mission critical." -Clyde Seepersad, Senior Vice President and General Manager of Training & Certification, the Linux Foundation. The partnership will enable U.S. Government personnel, through their relation with RGS, to easily access the Linux Foundation's full catalog of nearly 100 training courses including courses focused on: Kubernetes DevSecOps/DevOps Cloud & Containers Personnel will also be able to easily enroll in certification exams for any of the standard setting cloud and open source certifications built by the Linux Foundation. The certifications cover a range of mission critical cloud and container exams, including: Certified Kubernetes Administrator (CKA) Certified Kubernetes Application Developer (CKAD) Certified Security Specialist (CKS) Kubernetes and Cloud Native Associate (KCNA) "The Linux Foundation's training and certification offerings are perfectly aligned to our core product and service offerings, Together we will be able to offer a single source for support, tools, training and certifications essential to the U.S. Government mission to securely modernize its tech infrastructure." -Don Poole, Vice President of Corporate Communications & Marketing, Rancher Government Solutions. About The Linux Foundation: Founded in 2000, the Linux Foundation is supported by more than 1,000 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. Linux Foundation's projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. About Rancher Government Solutions: Rancher Government Solutions, a SUSE company, is specifically designed to address the unique security and operational needs of the U.S. Government and military as it relates to application modernization, containers and Kubernetes. Rancher allows Government customers to deploy containerized applications on multiple Kubernetes clusters from the data center to the cloud to the edge and unites them with centralized authentication, access control and advanced observability. RGS supports all Rancher open source products with U.S. based American citizens with the highest security clearances who are currently working on programs across the Department of Defense, Intelligence Community, and civilian agencies.

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GOVERNMENT BUSINESS

SAWTST LLC Selects Deltek To Power Its Project Success and Long Term Growth Strategy

SAWTST | November 17, 2022

Deltek, the leading global provider of software and solutions for project-based businesses, announced today that SAWTST, a small business government contracting firm, has selected Deltek Costpoint and Deltek Talent Management to power its growth by streamlining and automating processes and efficiencies, while staying compliant with the federal government. SAWTST, a government contracting firm located in Tyrone, Georgia, is a department of Veterans Affairs (VA) verified service-disabled veteran owned small business (SDVOSB). The firm's legacy is built on service with its executive and senior management team, composed primarily of military veterans. The company employs professionals that are a mix of veterans from all services and experienced industry professionals that have consistently delivered exceptional results in the Defense environment. SAWTST knew it was time to upgrade its ERP system to streamline and automate processes and reporting, as well as to scale for its long-term growth plans. The system it was using was too manual and time-consuming – employees were burdened with siloed processes. SAWTST needed a single solution that could support functional areas including contracts management and procurement. They were looking for a new ERP partner that would deliver more innovation and greater intelligence through an all-in-one system across the entire project lifecycle. In addition, SAWTST wanted better, out-of-the-box reporting, designed for government contractors. By switching to Deltek, SAWTST anticipates Costpoint will be its one-stop-shop for mission-critical data and save them a full-time staff member due to Costpoint's automation. Deltek Costpoint is the government contracting industry's leading solution that delivers more innovation and greater intelligence at every stage of the project lifecycle. It centralizes the management of projects, people and finances, and scales seamlessly as needs grow, enabling small to enterprise size businesses to win new clients, manage project profitability and improve client satisfaction at every stage. Additionally, the integrated cloud offering enables the secure storage of data and is consistently enhanced to meet the most up-to-date governmental and agency cybersecurity compliance standards including NIST 800-171. "Being a CFO and part of a finance team at a government contractor requires special skills and understanding of the unique government requirements for finance and accounting, How we handle our project information – and our accounting, finances, and reporting – requires the right partnerships with those that know how the government thinks. We need software that makes it easy for us to be efficient and connects the entire company to our project data for a single source of the truth. And we have found that with Deltek. After demoing the software and doing our research, it's clear that Deltek is miles ahead of the competition and the gold standard for government contractors. It's a big decision to move your ERP, especially after just 3 years with another provider. It's a lot of work and I've felt like Deltek has been by my side the entire time. We know it will be well worth our time and money in the end, We are excited to be in person at Deltek ProjectCon 2022 with Deltek experts and other government contractors who have been in our shoes before. We are building great relationships and getting a jump start on our solution training." -Debra Hadley, Chief Financial Officer at SAWTST. Government Contracting Firms at Deltek ProjectCon 2022: Thousands of Deltek customers like SAWTST are gathered in Nashville this week for 4 days of networking, education and training on products including Deltek's flagship ERP for government contractors, Costpoint. "We are thrilled to welcome SAWTST to Deltek Project Nation! We continue to evolve our products and services to support smaller government contractors and help those customers run their businesses more efficiently and effectively. We think being transparent, easy to do business with and easy to understand makes us the partner of choice for great businesses like SAWTST, The journey with SAWTST has just started and we are excited to get them up and running on Costpoint and to be a foundational part of their growth plans." -Mike Corkery, President & CEO at Deltek. About Deltek: Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. About SAWTST: SAWTST, LLC is a Department of Veterans Affairs (VA) verified Service Disabled Veteran Owned Small Business (SDVOSB). SAWTST was founded in 2006 for one simple purpose; strive to identify and seize Information Technology (IT) and Enterprise Logistics opportunities for growth, building upon our strengths and competencies. We always strive to exceed our clients' growing needs. The company employ's professionals that are a mix of veterans from all services and experienced industry professionals that have consistently delivered exceptional results in the Defense environment. SAWTST is a leading provider of services to a wide variety of Department of Defense (DoD) clients.

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EMERGING TECHNOLOGY

GovTEAMS Has Teamed Up with MURAL and LUMA Workplace

MURAL | October 11, 2022

MURAL, a collaborative intelligence company, has teamed up with GovTEAMS, the Australian Government's digital collaboration platform, to give federal and state government employees access to the MURAL Collaborative Intelligence System™. GovTEAMS is a comprehensive digital collaboration service built for the Australian Public Service (APS) to provide secure communication and collaboration between departments and with external parties. It's powered by Microsoft 365 and currently has over 40K active members. GovTEAMS includes Microsoft Teams for team collaboration, video conferencing, and instant messaging; SharePoint to store, organize, share, and access information; as well as additional Microsoft 365 apps. The MURAL Collaborative Intelligence System in GovTEAMS offers government agencies a secure collaboration space where everyone can work together in real-time or asynchronously, as well as access to an ever-growing toolkit of workflows and guided methods to enhance effective ideation, alignment, team building, and innovation. MURAL digital whiteboards can be shared by sending links in Microsoft Teams chat messages, channel posts, or email. In addition to a powerful collaboration space, Australian Government employees have access to human-centered design training in LUMA Workplace, which is provided by the LUMA Institute, a MURAL affiliate. LUMA Workplace is an on-demand platform offering resources, classes, and videos to learn and apply guided methods to uncover new opportunities, understand business problems, and brainstorm creative solutions. GovTEAMS security assessed both the MURAL platform and LUMA Workplace, which were deemed OFFICIAL: Sensitive, and are subscribed to MURAL's Enterprise plan. This news comes on the heels of MURAL achieving "In Process" designation last week for the Federal Risk and Authorization Management Program (FedRAMP®) through sponsorship by the United States Department of Veteran Affairs. Together, GovTEAMS and FedRAMP signal that the MURAL Collaborative Intelligence System has the security and enterprise-grade capabilities to be trusted at the highest level. ABOUT MURAL: MURAL is a collaborative intelligence company. We connect teams to unlock their potential, increasing the innovation capacity of the enterprise. MURAL creates a culture of effective collaboration — where everyone is connected, contributing, and empowered to deliver business-driving outcomes.

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