SAWTST | November 17, 2022
Deltek, the leading global provider of software and solutions for project-based businesses, announced today that SAWTST, a small business government contracting firm, has selected Deltek Costpoint and Deltek Talent Management to power its growth by streamlining and automating processes and efficiencies, while staying compliant with the federal government.
SAWTST, a government contracting firm located in Tyrone, Georgia, is a department of Veterans Affairs (VA) verified service-disabled veteran owned small business (SDVOSB). The firm's legacy is built on service with its executive and senior management team, composed primarily of military veterans. The company employs professionals that are a mix of veterans from all services and experienced industry professionals that have consistently delivered exceptional results in the Defense environment.
SAWTST knew it was time to upgrade its ERP system to streamline and automate processes and reporting, as well as to scale for its long-term growth plans. The system it was using was too manual and time-consuming – employees were burdened with siloed processes. SAWTST needed a single solution that could support functional areas including contracts management and procurement. They were looking for a new ERP partner that would deliver more innovation and greater intelligence through an all-in-one system across the entire project lifecycle. In addition, SAWTST wanted better, out-of-the-box reporting, designed for government contractors. By switching to Deltek, SAWTST anticipates Costpoint will be its one-stop-shop for mission-critical data and save them a full-time staff member due to Costpoint's automation.
Deltek Costpoint is the government contracting industry's leading solution that delivers more innovation and greater intelligence at every stage of the project lifecycle. It centralizes the management of projects, people and finances, and scales seamlessly as needs grow, enabling small to enterprise size businesses to win new clients, manage project profitability and improve client satisfaction at every stage. Additionally, the integrated cloud offering enables the secure storage of data and is consistently enhanced to meet the most up-to-date governmental and agency cybersecurity compliance standards including NIST 800-171.
"Being a CFO and part of a finance team at a government contractor requires special skills and understanding of the unique government requirements for finance and accounting, How we handle our project information – and our accounting, finances, and reporting – requires the right partnerships with those that know how the government thinks. We need software that makes it easy for us to be efficient and connects the entire company to our project data for a single source of the truth. And we have found that with Deltek. After demoing the software and doing our research, it's clear that Deltek is miles ahead of the competition and the gold standard for government contractors. It's a big decision to move your ERP, especially after just 3 years with another provider. It's a lot of work and I've felt like Deltek has been by my side the entire time. We know it will be well worth our time and money in the end, We are excited to be in person at Deltek ProjectCon 2022 with Deltek experts and other government contractors who have been in our shoes before. We are building great relationships and getting a jump start on our solution training."
-Debra Hadley, Chief Financial Officer at SAWTST.
Government Contracting Firms at Deltek ProjectCon 2022:
Thousands of Deltek customers like SAWTST are gathered in Nashville this week for 4 days of networking, education and training on products including Deltek's flagship ERP for government contractors, Costpoint.
"We are thrilled to welcome SAWTST to Deltek Project Nation! We continue to evolve our products and services to support smaller government contractors and help those customers run their businesses more efficiently and effectively. We think being transparent, easy to do business with and easy to understand makes us the partner of choice for great businesses like SAWTST, The journey with SAWTST has just started and we are excited to get them up and running on Costpoint and to be a foundational part of their growth plans."
-Mike Corkery, President & CEO at Deltek.
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue.
SAWTST, LLC is a Department of Veterans Affairs (VA) verified Service Disabled Veteran Owned Small Business (SDVOSB). SAWTST was founded in 2006 for one simple purpose; strive to identify and seize Information Technology (IT) and Enterprise Logistics opportunities for growth, building upon our strengths and competencies. We always strive to exceed our clients' growing needs. The company employ's professionals that are a mix of veterans from all services and experienced industry professionals that have consistently delivered exceptional results in the Defense environment. SAWTST is a leading provider of services to a wide variety of Department of Defense (DoD) clients.
EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
e.Republic | December 19, 2022
Leeds Equity Partners ("Leeds Equity"), the sector-focused private equity firm dedicated exclusively to investing in the Knowledge Industries, and e.Republic, LLC ("e.Republic" or the "Company"), announced today that Leeds Equity has made a significant investment in e.Republic.
Leeds Equity seeks to invest in leading companies in sectors across the Knowledge Industries where the firm can partner with management to drive innovation, business growth and best-in-class client outcomes. e.Republic represents the seventh platform company for Leeds Equity Partners VII, L.P., its latest investment vehicle with over $1.4 billion in committed capital, and builds upon the firm's over two-decade track record of investing in information services companies. Terms of the transaction were not disclosed.
"e.Republic plays an essential role fostering an engaged community of government and education leaders and information technology providers where critical insights and best practices are shared to enable greater innovation and technology transformation, We look forward to collaborating closely with Cathilea and the e.Republic team to expand on the Company's numerous community and market insights offerings to better serve its many constituents and help drive greater outcomes across government and education."
-Jacques Galante, Partner at Leeds Equity Partners.
We are excited to partner with Leeds Equity as they share similar values and are committed to the vision of bringing innovation to government and education, said Cathilea Robinett, e.Republic CEO. Being part of their portfolio will empower us to tap into Leeds Equity's strategic investment expertise, market knowledge and deep industry relationships.
"e.Republic's high-quality content, compelling peer-to-peer learning solutions and unique research and data offerings provide significant value to the Company's constituent base, We are eager to work closely with the e.Republic team to continue to support the technology strategy, planning and procurement needs of state and local government and education."
-David Neverson, Principal at Leeds Equity Partners.
About Leeds Equity Partners
Leeds Equity is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training and information services industries (the "Knowledge Industries"). The firm was founded in 1993 and currently manages over $4 billion of capital across a broad spectrum of companies within the Knowledge Industries. Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies and investors.
Founded in 1984, e.Republic is the nation's only media, events and research company focused exclusively on state and local government and education. The Company's vision is to be the trusted source for guidance, ideas, innovations and relationships to build government that works for everyone.
Kodiak Robotics | December 07, 2022
Kodiak Robotics, Inc., a leading self-driving trucking company, today announced it has been awarded a $49.9 million, 24-month United States Department of Defense (DoD) agreement to help automate future U.S. Army ground vehicles led by the Army's Robotic Combat Vehicle (RCV) program. This effort will be in support of vehicles designed for reconnaissance, surveillance, and other high-risk missions.
Through this award, which started in October 2022 and was awarded by DoD's Defense Innovation Unit (DIU) on behalf of the Army's RCV program office, Kodiak will leverage its commercial self-driving software to develop, test and deploy autonomous capabilities for driverless vehicles that further strengthen national security. Kodiak will develop autonomous vehicle technology for the Army to navigate complex terrain, diverse operational conditions and GPS-challenged environments, while also providing the Army the ability to remotely operate vehicles when necessary.
Wartime is extraordinarily complex with high-risk challenges that often result in troops operating near or behind enemy lines. Deploying autonomous vehicles to perform such critical and dangerous tasks has the potential to significantly reduce the risk to troops, while giving them greater access to the information they need in the field. Additionally, the remote driving capabilities Kodiak will develop for the Army will increase the flexibility of these autonomous vehicles, while further reducing risk for soldiers. The project will also provide a technical pipeline that will enable the rapid development and deployment of new autonomous vehicle technologies as they become commercially available.
"I started Kodiak because I believe autonomous technology can save lives, and helping the U.S. Army develop driverless vehicles for the most challenging operating environments fits perfectly with that goal, We are proud to have the opportunity to leverage our cutting-edge self-driving technology for defense applications, and believe our work with DIU and the U.S. Army will both help strengthen national security and hasten our path to commercial deployment. We owe a debt of gratitude to the servicemen and women who step into harm's way to keep us safe; keeping them safe in return is an honor we take seriously."
-Don Burnette, founder and CEO, Kodiak Robotics.
Kodiak Robotics was the only autonomous vehicle company initially selected for this award out of 33 submissions, thanks to its proven leadership in autonomous systems development and commercialization, as well as its intense focus on safety.
In the first year of this effort, Kodiak will build upon its core competency by applying its robust autonomous software stack for Army specific use cases, including future Army vehicles. In year two, the company will implement its autonomous driving system on off-road vehicles capable of traversing complex terrain and operating remotely in unpredictable and austere conditions.
DIU focuses exclusively on adopting and scaling technologies developed by commercial partners to help strengthen U.S. national security by solving critical field challenges faced by the U.S. military. DIU works to identify innovations in six key technology areas where the commercial sector is operating at the leading edge: artificial intelligence, autonomy, cyber, energy, human systems, and space.
While Kodiak Robotics will continue to focus on its core business of building autonomous trucks for use in commercial applications, this project serves as an important extension that helps to propel its innovations forward. This project shows that Kodiak's core technology has multiple use cases, laying the groundwork for future expansion beyond long-haul trucking.
About Kodiak Robotics, Inc:
Kodiak Robotics, Inc. was founded in 2018 to develop autonomous technology that carries freight forward — so people, partners, and the planet thrive. The company is developing an industry-leading technology stack purpose-built specifically for long-haul trucks, making the freight industry safer and more efficient. Kodiak's unique modular hardware approach integrates sensors into a streamlined sensor-pod structure that optimizes for perception, scalability, and maintainability. The company delivers freight daily for its customers across the South, operating autonomously on the highway portions of the routes.