Goldman Sachs economists say fears rise that U.S.-China trade war leading to recession

Reuters | August 12, 2019

Goldman Sachs Group Inc (GS.N) said on Sunday that fears of the U.S.-China trade war leading to a recession are increasing and that Goldman no longer expects a trade deal between the world’s two largest economies before the 2020 U.S. presidential election. “We expect tariffs targeting the remaining $300bn of US imports from China to go into effect,” the bank said in a note sent to clients. U.S. President Donald Trump announced on Aug. 1 that he would impose a 10% tariff on a final $300 billion worth of Chinese imports on Sept. 1, prompting China to halt purchases of U.S. agricultural products.

Spotlight

Digital modernization refers to the process of utilizing technology, whether through adoption of new tools or the improvement of existing ones, to achieve organizational goals. This can include enhancing the user experience, ensuring high uptime, implementing robust security measures, reducing latency, and streamlining processes for resolving issues. All levels of government are going through a digital transformation to deliver services and programs more effectively,transparently, and economically.To meet the demands of citizens who have adapted to the technological advancements in society, digital government transformation has become a vital aspect of providing efficient and effective services. However, one of the biggest hurdles in this process for federal agencies is striking a balance between leveraging technology for its benefits and maintaining robust security and privacy measures. Federal agencies handle confidential information regularly, making it imperative to safeguard against data breaches. Consequently, agencies must ensure that their digital systems and procedures are secure and adhere to relevant regulatory requirements.

Spotlight

Digital modernization refers to the process of utilizing technology, whether through adoption of new tools or the improvement of existing ones, to achieve organizational goals. This can include enhancing the user experience, ensuring high uptime, implementing robust security measures, reducing latency, and streamlining processes for resolving issues. All levels of government are going through a digital transformation to deliver services and programs more effectively,transparently, and economically.To meet the demands of citizens who have adapted to the technological advancements in society, digital government transformation has become a vital aspect of providing efficient and effective services. However, one of the biggest hurdles in this process for federal agencies is striking a balance between leveraging technology for its benefits and maintaining robust security and privacy measures. Federal agencies handle confidential information regularly, making it imperative to safeguard against data breaches. Consequently, agencies must ensure that their digital systems and procedures are secure and adhere to relevant regulatory requirements.

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EMERGING TECHNOLOGY,CYBERSECURITY

FedRAMP Data Security Authorization for InfoBlox’s BloxOne Threat Defense Federal Cloud

Infoblox | January 30, 2023

Leading cloud-first DNS management and security provider, Infoblox Inc., recently announced the U.S. Government FedRAMP Moderate Authorization for its BloxOne® Threat Defense Federal Cloud offering. This authorization allows organizations to operate their SaaS platforms with greater confidentiality, operational security, availability and integrity. The Infoblox BloxOne Threat Defense Federal Cloud is a part of BloxOne Threat Defense, which combines Cloud Services Portal (CSP), Dossier threat investigation platform, and Infoblox's Threat Intel Data Exchange (TIDE) to help public sector organizations scale and simplify security from the network core to the edge. Security analysts can investigate, and contextually rank threat events 3X faster with Infoblox's technology. Additionally, it gives them access to carefully curated and thorough threat intelligence, which they can incorporate into their current security technologies for network-wide protection. The U.S. Census Bureau sponsored the authorization. Infoblox team closely worked with FedRAMP Program Management Office to meet FedRAMP’s stringent guidelines for data security. The BloxOne Threat Defense Federal Cloud is compliant with FedRAMP’s security standards above the NIST SP 800-53 framework; this allows Infoblox to obtain digital transformation projects of federal agencies. Ralph Havens, President of Infloblox Federal, said, "Achieving FedRAMP authorization shows Infoblox's commitment to helping federal agencies digitally transform and secure cloud-first environments." He further added, "In reaching this significant milestone, we are delighted to now offer our federal customers a robust network security platform to augment our nation's cyber defenses against unrelenting security attacks from adversaries who wish to do us harm." (Source – CISION) About Infoblox Infoblox is a cloud-first networking and cybersecurity services provider. Its solutions enable businesses to make the most of their existing infrastructure investments and fully utilize the cloud to provide universally simple, scalable, and dependable network experiences. The Infoblox BloxOne® and NIOS systems are available on-premises and via SaaS, it lets operations teams standardize, accelerate and automate the delivery of cloud-native and data center network and security services from a single location.

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EMERGING TECHNOLOGY

Borough of Caldwell Joins Community of Local Buyers with the New Jersey Purchasing Group

Bidnet Direct | November 28, 2022

Today, the Borough of Caldwell announces it has joined the New Jersey Purchasing Group, a regional purchasing community by Bidnet Direct. Local government agencies throughout New Jersey utilize the purchasing group for bid and vendor management. The Borough of Caldwell invites all potential vendors to register online with the New Jersey Purchasing Group to access its upcoming solicitations by visiting http://www.bidnetdirect.com/new-jersey/caldwellnj. The Borough of Caldwell joins the New Jersey Purchasing Group and the community of over 50 participating local government agencies located throughout New Jersey. Along with a variety of bid and vendor management solutions, the Borough of Caldwell gains access to a bid library to help with bid creation, a shared pool of vendors, and association with like-minded purchasing professionals in the area. Vendors interested in doing business with the Borough of Caldwell are encouraged to register at http://www.bidnetdirect.com/new-jersey/caldwellnj. Benefits of joining the New Jersey Purchasing Group include: Centralized location for bids from approximately 54 participating agencies Bid alerts customized to the vendors’ products or services Reliable and timely delivery of notifications, addenda and documents The New Jersey Purchasing Group is one of Bidnet Direct’s regional purchasing groups throughout the country. It provides the Borough of Caldwell a bid and vendor management solution, document and addendum distribution, and tracking of all activity throughout the procurement process. About the Borough of Caldwell: Please visit the Borough of Caldwell’s website to explore the history and structure of the Borough. Our History - Caldwell, New Jersey About Bidnet Direct: Bidnet Direct, powered by mdf commerce, is a sourcing solution of regional purchasing groups available at no cost to local government agencies throughout the country. Bidnet Direct runs regional purchasing groups, including the New Jersey Purchasing Group, across all 50 states that are used by over 1,600 local governments.

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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

UK Government’s G-cloud 13 Supplier Network Status for Precisely

Precisely | January 11, 2023

Global leader in data integrity solutions, Precisely, is selected to be a supplier for the Crown Commercial Service's G-Cloud 13 Framework. Precisely's portfolio of data integrity solutions is now available on the G-Cloud procurement platform, further establishing the company's reputation as a trusted solutions provider to the central and local governments as well as the public sector. The G-Cloud initiative aims to make cloud-based services more accessible to the UK government and public sector organizations. The framework only includes suppliers and solution providers who meet the UK Government's highest privacy, security, and scalability standards, allowing organizations to procure the services and solutions they require more quickly and with less risk. Government and public sector services are under considerable stress, which the COVID-19 pandemic aggravated, and many organizations assigned with meeting demanding digital transformation efforts are struggling with the change. This causes data silos, inefficient resource use, a lack of understanding of citizen needs, and even regulatory compliance concerns. Data analytics continues to be the most pressing issue for central government departments, a recent Central Gov Strategy Forum study revealed, with 65% of the departments planning to increase spending in this area in 2023. "Whether organizations are looking to move from antiquated mainframes to the cloud, create data governance frameworks, build data quality for a 360° view of their citizens, or leverage powerful spatial insights, successful digital transformation programs need to be fuelled by accurate, consistent, and contextual data," said Jay Reilly, SVP - EMEA at Precisely. He further stated, "Our placement on G-Cloud 13 means public sector organizations can more easily access our portfolio of data integrity solutions, empowering them to make the confident decisions needed to improve the lives of citizens." (Source: Businesswire) About Precisely Precisely is the world's leading data integrity firm, serving 12,000 customers in over 100 countries, including 99 of the Fortune 100, by ensuring data consistency, context and accuracy in data. Precisely's data integration, quality, governance, location intelligence, and enrichment technologies help businesses make better decisions and accomplish better results.

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