How a Government Shutdown Affects the Economy

Government Executive | January 11, 2019

Parts of the federal government have been closed since midnight on Dec. 22, making it the second-longest shutdown on record. It’s also the third since President Donald Trump took office. The immediate and most visible impact of a shutdown is in the government’s day-to-day operations. Many national museums and parks are closed , immigration hearings are being postponed and the Food and Drug Administration isn’t doing routine inspections of domestic food-processing facilities, to name a few examples. Of the 800,000 federal employees affected by the shutdown, 420,000 are working without pay while the rest have been furloughed.

Spotlight

Government has been looking for decades at how best to use digital - new platforms and services that are enabled through a mix of cloud computing, smarter devices and collaboration tools - to improve public services. It sought to resolve a lack of coherency in service delivery and make services more accessible to citizens by putting them online. Automation of internal systems and processes would free up resources for more productive use.

Spotlight

Government has been looking for decades at how best to use digital - new platforms and services that are enabled through a mix of cloud computing, smarter devices and collaboration tools - to improve public services. It sought to resolve a lack of coherency in service delivery and make services more accessible to citizens by putting them online. Automation of internal systems and processes would free up resources for more productive use.

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GOVERNMENT BUSINESS

Octo Works with AWS to Deliver Data Mesh Solutions for Federal Government Organizations

Octo | August 03, 2022

Octo announced today they are working to deliver their data mesh solutions to federal customers with Amazon Web Services (AWS). Through this effort, Octo will support multiple federal customers seeking to transform into data-driven enterprises and enhance mission value realized from their data analytics investments. This effort will be supported by AWS to develop tailored solutions and service offerings and enhance existing solutions such as Octo's Data Mesh offering. "Octo's innovative data mesh solution leverages AWS analytics services like Amazon Redshift, Amazon QuickSight, Amazon Kinesis, Amazon EMR, and AWS Glue in a robust, self-service data platform to enable federal government organizations to adopt a new paradigm for meeting the increasing demands for critical analytics data at scale. Together, we are delivering outcomes that increase data value and mission agility by helping agencies embrace product thinking and manage data as a product." -Cindy Walker, Vice President, Data Center of Excellence, Octo. Octo and AWS will also work to develop solutions covering the entire data life cycle including effective ingestion, discoverability, and analytics. Mehul Sanghani, CEO of Octo said, "We are pleased to further work with AWS whom we've had a relationship with for several years. Working together to determine the future of Octo's Data Mesh solution is a recipe for success, not just for Octo and AWS, but for federal customers who depend on us to bring next-gen solutions to their most complex challenges." Octo is using oLabs™ its cutting-edge facility in Reston, Virginia, to address customers' most pressing issues with innovative emerging technology solutions in real time. To learn more about why federal organization need data mesh now, register for the upcoming BrightTalk webinar scheduled for August 18, 2022. About Octo: Octo is a technology firm dedicated to solving the Federal Government's most complex challenges, enabling agencies to jump the technology curve. We don't just modernize. We create lasting change through best practices that help agencies implement and integrate at-scale next-generation technology and innovation. With a mission and service first mentality, we provide Agile, DevSecOps, Artificial Intelligence, Cybersecurity, Blockchain, Cloud, Open Source, and Data Science solutions, collaborating to solve customers' pressing problems. Headquartered in Reston, Virginia, Octo delivers proven technology vital to the intelligence community and health care, defense, national security, and civilian agencies that directly impact our nation.

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EMERGING TECHNOLOGY

Raytheon Technologies-Led U.S. Army TITAN Program Selects C3 AI to Deliver Next-Generation AI/ML Ops

C3.ai, Inc. | July 11, 2022

C3 AI (NYSE: AI), the Enterprise AI software company, announced Raytheon Technologies has selected the C3 AI Application Platform to deliver next-generation AI and machine learning (ML) capabilities for a ready-now solution for the U.S. Army’s Tactical Intelligence Targeting Access Node (TITAN) program. The Raytheon Technologies team, led by Raytheon Intelligence & Space, is in competition to design TITAN to serve as the Army’s underpinning solution to enable multi-domain operations.TITAN is a tactical ground station that finds and tracks threats to support long-range precision targeting, further advancing the Department of Defense’s strategy for Joint Force C2 (JADC2) capabilities necessary to support U.S. national security interests. The C3 AI Application Platform will provide AI/ML model operations (ML Ops) for best-of-breed third-party models across the TITAN enterprise, including both cloud and intermittently connected edge environments. “This work combines Raytheon Intelligence & Space’s expertise in aerospace and defense with C3 AI’s proven expertise in enterprise AI to support critical national security interests through next-generation technology, We look forward to working with Raytheon Technologies to deliver this new AI-powered, mission-ready solution of the future.” -Thomas M. Siebel, Chairman and CEO of C3 AI TITAN will ingest data from space and high-altitude, aerial, and terrestrial sensors to provide targetable data to defense systems. It will also provide multi-source intelligence support to targeting, and situational awareness and understanding for commanders. Leveraging capabilities that support pattern-of-life sensemaking and automated target recognition, the TITAN solution will also help operators make sense of the massive amounts of data and prosecute a target with the appropriate solution. Effort sponsored by the U.S. Government under Other Transaction number W15QKN-17-9-5555 between the Consortium Management Group, Inc., and the Government. The U.S. Government is authorized to reproduce and distribute reprints for Government purposes notwithstanding any copyright notation thereon. The views and conclusions contained herein are those of the authors and should not be interpreted as necessarily representing the official policies or endorsements, either expressed or implied, of the U.S. Government. About C3.ai, Inc. C3 AI is the Enterprise AI application software company. C3 AI delivers a family of fully integrated products including the C3 AI Application Platform, an end-to-end platform for developing, deploying, and operating enterprise AI applications and C3 AI Applications, a portfolio of industry-specific SaaS enterprise AI applications that enable the digital transformation of organizations globally. Learn more at: www.c3.ai.

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CYBERSECURITY

Xage Draws Chevron Backing to Accelerate Zero Trust Adoption in Energy

Xage Security | July 15, 2022

Xage, the zero trust cybersecurity company, today announced investment from Chevron Technology Ventures to further accelerate the use of zero trust in protecting energy and other critical infrastructure from cyber threats. The additional capital extends Xage’s series B venture capital financing for a second time in the last two months, bringing Xage’s total financing to-date to $62M. “Xage’s zero trust security has the potential to expand corporate security standards to environments that increasingly are connected to one another. The technology can provide critical support to cybersecurity and digital transformation needs, This is the latest investment from our Core Energy Fund 7, which focuses on operational enhancement, digitalization and lower carbon technologies.” -Jim Gable, Vice President, Innovation and President of Technology Ventures at Chevron. Xage’s Fabric is specifically designed to bring a zero trust security model to complex environments without requiring an equipment overhaul. The Fabric overlays every machine, app, and data point within an operation to impose granular control over all digital interactions. In addition to the company's Identity & Access Management (IAM), Zero Trust Remote Access, and Dynamic Data Security solutions, Xage recently released a novel multi-layer, multi-factor authentication (MFA) capability designed specifically for real-world operations to block MFA hacks caused by “MFA bombing” and human error. “With Chevron participating in our series B, we’re able to accelerate our impact on energy companies and other critical infrastructure organizations to prevent hacks while building efficiencies and enhancing collaboration, We recently found that 88% of industrial cybersecurity leaders are taking steps to adopt zero trust, and 55% are reporting that zero trust is accelerating digital transformation. It’s our job to make sure these efforts are expedited, and expanded support from investors with deep knowledge of the energy sector will help us achieve that.” -Duncan Greatwood, CEO of Xage. Chevron Technology Ventures joins a growing number of energy sector investors backing Xage. The venture arm of Saudi Aramco invested in Xage’s series A and B; and more recently, Piva Capital, a venture capital firm investing in technologies ushering in a new industrial era, led Xage’s series B, with SCF Partners and Overture Climate Fund joining the round in May. About Xage- Xage is the first and only zero trust real-world security company. The Xage Fabric accelerates and simplifies the way enterprises secure, manage and transform digital operations across OT, IT, and cloud. Xage solutions include Identity & Access Management (IAM), remote access, and dynamic data security, all powered by the Xage Fabric. About Chevron Technology Ventures- Chevron Technology Ventures (CTV) pursues technologies and new business solutions that have the potential to enhance the way Chevron delivers affordable, reliable, and ever-cleaner energy.

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