Emerging Technology
PR Newswire | July 21, 2023
FM:Systems, provider of the most scalable and intuitive all-in-one workplace management platform, announced today its FMS:Workplace solution has achieved the Federal Risk and Authorization Management Program's (FedRAMP) "In Process" designation.
FedRAMP is a government-wide program that promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security and risk assessment for cloud technologies, like FM:Systems solutions. Through its sponsorship with the U.S. Department of Education, FM:Systems is working to reach full FedRAMP authorization for FMS:Workplace within one year.
"With the rise of remote and hybrid work, many organizations are looking for smart ways to optimize their real estate, reduce expenses, and deliver productive workplace experiences," said Kurt von Koch, CEO of FM:Systems. "Achieving the FedRAMP In Process designation for our FMS:Workplace solution allows federal clients to access our trusted workplace management suite of software solutions in a secure cloud environment so they can gain the data-backed insights needed to make strategic decisions about their real estate and workplace needs."
As a flexible, easy-to-use Integrated Workplace Management Solution, federal agencies can use FMS:Workplace to seamlessly manage, analyze, and report on facilities and real estate operations and maintenance (O&M) information all in a single system. The FMS:Workplace solution includes:
Space Management
Sustainability Management
Move Management
Maintenance Management
Strategic Scenario Planning
Real Estate Management
Asset Management
Project Management
"The increase of data breaches and phishing campaigns taking place across the U.S. and globally means it's critical for government agencies to take every step they can to safeguard sensitive information and data privacy," said the Chief Information Officer (CIO), of the U.S. Department of Education. "FM:Systems provides workplace management solutions that meet FedRAMP authorization requirements and federal cloud security standards."
FM:Systems workplace management solutions are used by over 150 government institutions, including 10 of the 15 federal government departments.
About FM:Systems
FM:Systems all-in-one workplace management platform helps more than 1,200 of the world's largest organizations access, manage, and measure every aspect of their real estate portfolio. With the most complete range of intuitive and scalable space management, hybrid work, workplace analytics and smart sensor solutions, our customers gain the data-backed clarity and vision necessary to make strategic real estate decisions and deliver high-performance workplaces today and long into the future. For more information about FM:Systems, please visit www.fmsystems.com.
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Emerging Technology, Cybersecurity
Globenewswire | June 28, 2023
Quantexa, a global leader in Decision Intelligence (DI) solutions for the public and private sectors, and Carahsoft Technology Corp, The Trusted Government IT Solutions Provider®, today announced a partnership. Under the agreement, Carahsoft will serve as Quantexa’s Master Government Aggregator®, making the company’s Decision Intelligence platform available to U.S. Government agencies and departments through Carahsoft’s reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, and Information Technology Enterprise Solutions – Software 2 (ITES-SW2) contracts.
Quantexa’s Fraud, Financial Crime, and Data Management solutions will enable Federal agencies to gain valuable insights from their data and make better-informed decisions in support of mission objectives. Quantexa’s DI platform and solutions can be deployed on-premise or in the cloud through Microsoft Azure, AWS and Google Cloud.
“We are committed to providing Government agencies with the solutions they need to stay ahead of evolving threats and meet the challenges of today's complex data landscape,” said Tiffany Goddard, Sales Director for Law Enforcement Technology Solutions at Carahsoft. “The partnership represents a critical step forward in addressing the complex data challenges Government agencies are experiencing, such as data duplication and security. We look forward to working with Quantexa and our reseller partners to make it easier and more efficient for agencies to procure the technology they need to combat financial crimes.”
“We are dedicated to empowering U.S. Government agencies with the most advanced solutions to combat financial crimes and protect against evolving threats,” said Paul Stacey, Quantexa Regional Vice President – North America. “With Quantexa’s Decision Intelligence platform, data becomes a renewable resource, powering intelligent decision-making and unlocking new opportunities for organizations. Our partnership with Carahsoft and its reseller partners is integral to our long-term success in the U.S. Government market – enabling us to seamlessly provide our cutting-edge technology to Government agencies and amplify their mission impact.”
ABOUT CARAHSOFT
Carahsoft Technology Corp. is The Trusted Government IT Solutions Provider®, supporting Public Sector organizations across Federal, State and Local Government agencies and Education and Healthcare markets. As the Master Government Aggregator® for our vendor partners, we deliver solutions for Cybersecurity, MultiCloud, DevSecOps, Big Data, Artificial Intelligence, Open Source, Customer Experience and Engagement, and more. Working with resellers, systems integrators and consultants, our sales and marketing teams provide industry leading IT products, services and training through hundreds of contract vehicles. Visit us at www.carahsoft.com.
ABOUT QUANTEXA
Quantexa is a global data and analytics software company pioneering Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s Decision Intelligence platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle.
The Quantexa Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 600 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Luxembourg, Singapore, Melbourne, Sydney, and the UAE. For more information, please visit www.quantexa.com or follow us on LinkedIn.
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Government Business
PR Newswire | July 05, 2023
DroneShield Ltd has been awarded a follow-on 2-year R&D contract with a total value of $9.9 million by a Five Eyes Department of Defence (DoD). Approximately $4.5 million is due in the September and December 2023 quarters. Five Eyes refers to the defence/intelligence alliance between the US, Canada, UK, Australia and NZ.
The award follows DroneShield materially completing the $3.8 million contract announced 4 June 2021 with the DoD, with a final milestone payment expected this month.
Oleg Vornik, DroneShield's CEO, commented, "Follow-on contracts are the ultimate customer measure of our performance. As an Australian sovereign industrial capability business, DroneShield is proud and pleased to continue undertaking multi-year contracts of increasing size with this customer."
"This is the largest long-term contract received by DroneShield to date, significantly larger than the earlier, $3.8 million contract. The 2-year term locks in cash receipts over a period of time. Further larger contracts are anticipated following completion of this phase."
"In the current uncertain geopolitical environment, there is a significant focus by the Five Eyes Governments to procure from defence industrial capability champions within their network of countries. Having deep engineering and research capability, TRL9 products and a track record of working with Defence, places DroneShield in a favourable position for ongoing work."
Operational Update
Following a strong $7 million cash receipts 1Q23 quarter, DroneShield is on track for an all-time record 2Q23 quarter and continuing on a trajectory for another record year for cash receipts in 2023. Further detail will be provided in the next 4C quarterly, due to be released later in July.
Significant progress on manufacturing, operations and inventory scale-up to support additional anticipated orders for remainder of 2023. DroneShield is currently finalizing the location for a larger industrial site to move its Sydney operations to enable the growth.
With the $11 million contract announced in December now fully delivered and paid for, DroneShield is progressing the inventory build of the second $11 million order announced in January, expected to be delivered later this year.
Current order book (committed and binding customer purchase orders) of approximately $29 million, an all-time record.
Over $200 million qualified opportunities pipeline (in addition to the order book), across approximately 80 projects.
Ongoing record demand for counterdrone / C-UAS equipment, underscored by the events in Ukraine and increasing defence and security budgets globally.
In addition to military and intelligence communities, significant engagement with critical infrastructure plants, airports and other civilian customers.
About DroneShield Limited
DroneShield provides Artificial Intelligence powered platforms for protection against advanced threats such as drones and autonomous systems. We offer customers custom counterdrone (or counter-UAS) solutions and off-the-shelf products, designed to deliver highly effective capabilities for multiple missions and use cases. Our customers include military, government, law enforcement, critical infrastructure, and airports globally.
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