EMERGING TECHNOLOGY
Globenewswire | May 09, 2023
NowVertical Group Inc., the Vertical Intelligence (“VI”) company is pleased to announce that its Government contracting subsidiary, Allegient Defense, has been awarded a 5-year $5.9M contract to support the Air Force Office of Scientific Research (“AFOSR”), a directorate of the Air Force Research Laboratory and the basic research arm of the Department of the Air Force.
The AFOSR is responsible for identifying and funding cutting-edge research initiatives that have the potential to enhance the capabilities of the United States Air Force. Through this new contract, Allegient Defense will be working closely with the AFOSR to provide the necessary resources and expertise to help achieve these goals.
"We are honored to have been chosen to support the AFOSR in its mission to advance scientific research," said Dr. Angel Diaz, CEO of Allegient Defense. "Our team is dedicated to providing the highest quality support services to the AFOSR, and we look forward to collaborating with them to achieve their objectives."
Allegient Defense has a proven track record of delivering exceptional S&T, Data Science, and Engineering support services to government agencies, and this new contract award is a testament to the company's expertise and commitment to excellence. By working with the AFOSR, Allegient Defense will help to advance the development of new technologies and solutions that will benefit the United States and its military forces.
About NowVertical Group Inc.
NowVertical Group is a Vertical Intelligence (VI) software and services provider that delivers vertically-specific data, technology, and artificial intelligence (AI) applications into private and public verticals globally. NOW's proprietary solutions sit at the foundation of the modern enterprise by transforming AI investments into VI, enabling its customers to minimize their risk, accelerate the time to value, and reduce costs. NOW is rapidly growing organically and through targeted acquisitions. For more information about NOW, visit www.nowvertical.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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EMERGING TECHNOLOGY, CYBERSECURITY
Businesswire | March 23, 2023
Red River, a technology transformation company serving government and enterprise customers, today announced that it is now an authorized provider on the U.S. Army’s Information Technology Enterprise Solutions 3 Services (ITES-3S) contract. Awarded by the Computer Hardware, Enterprise Software and Solutions (CHESS) and the Army Contracting Command - Rock Island (ACC-RI), ITES-3S is a nine-year, $12.1 billion, indefinite delivery indefinite quantity (IDIQ) contract.
The ITES-3S IDIQ will provide a broad range of enterprise information technology services and support to the U.S. Army and other authorized Federal Government agencies. Types of information technology services available through the ITES-3S IDIQ include Program Management; Cybersecurity/Information Assurance; Enterprise Design, Integration and Consolidation; Network/Systems Operation and Maintenance; Telecommunications; Supply Chain Management; Operation and Maintenance; Business Process Engineering; and Information Technology Education and Training.
This award demonstrates Red River’s longstanding commitment to providing superior professional services to the U.S. Army and the opportunity to continue to serve and support the men and women in uniform at home and abroad. Red River has more than 25 years as a trusted technology and services provider to the U.S. government and Department of Defense (DoD).
“We are excited to continue our longstanding history of supporting the technology services needs of the Army and other government agencies supported through this contract vehicle,” said Brian Roach, CEO for Red River. “We look forward to collaborating with DoD technology leaders to support their mission requirements in areas such as cybersecurity, managed services, cloud, infrastructure and collaboration. This is a significant addition to our contracts portfolio and strengthens our position as a leading technology and services provider to the DoD and the U.S. government as a whole.”
About Red River
Red River brings together the ideal combination of talent, partners and products to disrupt the status quo in technology and drive success for business and government in ways previously unattainable. Red River serves organizations well beyond traditional technology integration, bringing more than 25 years of experience and mission-critical expertise in managed services, cybersecurity, infrastructure, collaboration and cloud solutions.
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EMERGING TECHNOLOGY
Globenewswire | April 12, 2023
WalkMe Inc., a leading provider of digital adoption solutions, today announced it has achieved Ready status for the Federal Risk and Authorization Management Program (FedRAMP) at a Moderate impact level. With this achievement, WalkMe becomes the first digital adoption platform provider listed on the FedRAMP Marketplace as the company advances its existing position in accelerating federal agencies’ technology modernization and IT transformation.
With WalkMe, the Federal Government will be able to accelerate mission success in multiple areas including:
Digital Government/Digital Services - providing a framework for digital services and improving critical Customer Experience (CX) initiatives for employees and citizens
Technology & Legacy Modernization - enhancing and renovating legacy platforms and enterprise applications
Data & Information Management - improving data integrity and quality issues related to interoperability of the government tech stack
Improving the Government Workforce - increasing employee productivity by eliminating operational drag of poorly optimized software and application
FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. It helps the U.S. government adapt from legacy IT to secure cloud-based solutions.
The U.S. federal market is one of the largest and most complex enterprises in the world, which will now benefit from WalkMe’s established success and innovation in a range of markets including healthcare, financial services, education, hospitality, retail, and more.
WalkMe is listed on the FedRAMP Marketplace with Authority to Operate status at the Moderate level estimated in Summer 2023.
“Achieving FedRAMP Ready status signifies an incredible moment in WalkMe’s growth story as we officially enter the U.S. Federal market,” said Billy Biggs, Vice President - Public Sector, WalkMe. “Digital transformation is a top priority for every C-level executive within the federal government. Now more than ever, federal executives are looking for technology solutions that deliver true return on investment and help accelerate mission success in a matter of weeks, not years. The feedback from the federal government ecosystem on the WalkMe value proposition over the last few months has been extremely positive, and we’re excited to be able to offer our solutions while meeting the highest security posture via FedRAMP.”
As part of WalkMe’s progress, the company also expects to move from StateRAMP “active” status to “pending” to further serve the security standards for state, local and higher education clients interested in getting the most out of their technology investments through digital adoption platforms. Being FedRAMP Ready means that WalkMe can offer a full range of its solutions to U.S. federal, state and local government customers, U.S. government contractors, and federally funded research and development centers (FFRDCs).
About WalkMe
WalkMe's cloud-based digital adoption platform enables organizations to measure, drive and act to ultimately accelerate their digital transformations and better realize the value of their software investments. Our platform leverages proprietary technology to provide visibility to an organization's Chief Information Officer and business leaders, while improving user experience, productivity and efficiency for employees and customers. Alongside walkthroughs and third-party integration capabilities, our platform can be customized to fit an organization's needs.
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