Pitney Bowes | June 14, 2022
Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics, and financial services, announced it has achieved U.S. Federal Risk and Authorization Management Program (FedRAMP) authorization for the SendPro 360TM solution, its next-generation sending and receiving platform. The FedRAMP authorization is testament to Pitney Bowes firm commitment to the security of data within its SendPro 360 platform and sustained dedication to its federal government clients. The U.S. Department of Veterans Affairs is the sponsoring agency for Pitney Bowes.
FedRAMP is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Buyers benefit from the reassurance that cloud services adhere to a common set of security standards as authorized by the federal government.
The sending and receiving cloud platform from Pitney Bowes provides federal government clients with secure access to a suite of powerful technologies. These include inbound and outbound mailing software like PitneyShip TM and PitneyTrack TM and comprehensive analytics across the platform. The solutions are some of the very first shipping technologies listed in the FedRAMP marketplace, which simplifies and standardizes access to secure technologies for federal agencies. These FedRAMP services will be provided directly by the dedicated Pitney Bowes Federal Team based in Washington, DC.
This FedRAMP authorization demonstrates the deep levels of investment, innovation and robust security that are integral to our next-generation sending and receiving platform and services. Securing this prominent standard marks our unwavering commitment to our government clients. We are grateful for the support of the Department of Veterans Affairs, our sponsor throughout the process.”
Jason Dies, EVP and President, Sending Technology Solutions, Pitney Bowes
The authorization was achieved following a robust two-and-a-half year process during which Pitney Bowes was required to demonstrate specific standards of cloud security and commitment to government agencies for its sending and receiving software platform. The Department of Veterans Affairs, as sponsoring agency, provided counsel and guidance throughout the process. With this authorization for SendPro 360, Pitney Bowes joins an impressive list of FedRAMP authorized companies that includes IBM, Google and Microsoft.
FedRAMP was established in 2011 to provide a cost-effective, risk-based approach for the adoption and use of cloud services by the federal government. It drives agencies to embrace cloud technologies, with an emphasis on security and protection of federal information.
About Pitney Bowes
Pitney Bowes is a global shipping and mailing company that provides technology, logistics, and financial services to more than 90 percent of the Fortune 500. Small business, retail, enterprise, and government clients around the world rely on Pitney Bowes to remove the complexity of sending mail and parcels.
ICF | June 10, 2022
ICF, a worldwide consulting and digital services firm, said today that it has reached a definitive agreement to acquire SemanticBits, a leading provider of mission-critical digital modernization solutions to US government health agencies.
In 2022, SemanticBits is predicted to produce $135 million in yearly revenue. In 2023, almost $115 million of that will be recurring, owing to the conclusion of many small company contracts. As part of ICF, SemanticBits is expected to produce EBITDA margins in the high teens, based on its track record of double-digit sales growth. ICF will use its existing credit facility to cover the $220 million deal. Upon completion, the deal is expected to be accretive to ICF's EPS.
SemanticBits offers a comprehensive set of open-source digital modernization services, including end-to-end agile at scale development, cloud-native solutions, data analytics, and human-centered design.
SemanticBits, which was founded in 2005, has a team of 450 technologists and practitioners with experience working on large federal health IT projects and expertise across 30 technology platforms. They use a fully agile approach that complements ICF's deep federal health domain expertise and digital modernization capabilities. SemanticBits provides help to federal health authorities in the United States, primarily the Centers for Medicare and Medicaid Services (CMS).
This latest acquisition is in keeping with our strategy to complement organic growth with acquisitions that strengthen ICF's position in key growth markets and provide meaningful revenue synergies over time."
John Wasson, ICF chair and chief executive officer
John further added, "SemanticBits' advanced health IT and data science solutions accelerate and improve mission impact and health outcomes. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies."
The acquisition is scheduled to close in mid-July, subject to regulatory and customary conditions. When ICF reports its second quarter results in early August, it aims to publish updated financial forecast for the full year 2022, which will include the projected contribution from the SemanticBits purchase.
Accela | July 08, 2022
Accela®, the trusted provider of cloud solutions for government, today announced that it was selected as Microsoft's 2022 US Government Partner of the Year for the third consecutive year. Accela was honored among top Microsoft partners for providing innovative services based on Microsoft technologies to state and local government customers, as well as demonstrating thought leadership in the government technology sector.
Accela's SaaS solutions, which are powered by Microsoft Azure, equip state, county and local governments with an agile, purpose-built platform to automate and modernize essential government functions within economic development, community development, and public safety.
"We are proud to be recognized by Microsoft for our partnerships with governments around the globe. With Accela, in partnership with Microsoft, our customers can have confidence their data is being kept safe with the latest updates and best practices, which is essential to support ongoing security, compliance and government regulation requirements. "By 2025, 95% of new IT investments made by government agencies will be made in as-a-service solutions. As governments accelerate their digital transformations, Accela will continue to deliver secure cloud-based solutions, powered by Microsoft, that provide vital services, modernize employee and resident experiences, and bolster economies."
Tom Nieto, chief operating officer of Accela
The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based solutions during the past year. Honorees are chosen from a set of more than 4,400 submitted nominations from more than 100 countries worldwide. More than 275 million residents globally benefit from Azure-powered Accela solutions for permitting, licensing, and code enforcement.
Accela is Gold Certified Partner in the Microsoft Partner Program, with a competency in ISV/Software Solutions. As a Gold Certified Partner, Accela has demonstrated its expertise with Microsoft technologies and a proven ability to meet customers' needs.
Today's announcement builds on Accela's momentum in the cloud govtech space. Most recently, Accela launched a new offering, Managed Application Services, to help government agencies achieve increased flexibility and reliability in managing IT staffing needs.
Accela provides a unified suite of cloud solutions trusted by governments across the globe to accelerate their digital transformation, deliver vital services, and build stronger communities. More than 275 million citizens worldwide benefit from Accela's government software solutions. The company offers agile, purpose-built solutions and the power of a platform that provides users with a consumer-like experience, shares data across departments, and ensures world-class security.