Morgan Stanley: ‘Phase one’ US-China trade deal might be ‘as good as it gets’

CNBC | November 21, 2019

An anticipated “phase one” trade deal between the U.S. and China will likely be inked, but the subsequent stages “remain distant,” according to one strategist at Morgan Stanley. “Our base case is that the phase one trade deal gets done and that might be about as good as it gets, that phase two and phase three remain distant next year,” Andrew Sheets, chief cross-asset strategist at Morgan Stanley, told CNBC at the Morgan Stanley APAC Summit on Thursday.

Spotlight

Policy uncertainty fuels market volatility, and the United Kingdom is no exception. It will take four months to resolve the status of Britain within the European Union for the time being, future institutional arrangements are difficult to predict. So why is the referendum taking place? A lenient interpretation is that the crisis in the euro area, and the steep increase in immigration, made the public question the United Kingdom’s links with the continent more than in the past. A more skeptical interpretation is that a symbolic renegotiation was motivated by internal political competition in Britain.

Spotlight

Policy uncertainty fuels market volatility, and the United Kingdom is no exception. It will take four months to resolve the status of Britain within the European Union for the time being, future institutional arrangements are difficult to predict. So why is the referendum taking place? A lenient interpretation is that the crisis in the euro area, and the steep increase in immigration, made the public question the United Kingdom’s links with the continent more than in the past. A more skeptical interpretation is that a symbolic renegotiation was motivated by internal political competition in Britain.

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GOVERNMENT BUSINESS

Mendix Signs First Federal Marketplace Partnership with Vital Edge to Help Government Agencies Drive Digitalization

Mendix | September 01, 2021

Vital Edge Solutions, a specialist in systems integration for government and commercial organizations, today announced that it has entered a strategic partnership with Mendix, a Siemens business and the global leader in low-code application development for enterprises, to bring low-code to the Federal Marketplace. This is Mendix's first partnership within the US Federal Marketplace and comes at a time when the industry is experiencing an unprecedented growth in interest surrounding low-code platforms. Mendix is a high productivity low-code app platform that enables you to build and continuously improve mobile and web applications at scale. The Mendix Platform is designed to accelerate enterprise app delivery across your entire application development lifecycle, from ideation to deployment and operations. The all-in-one low-code platform is a visual approach to software development, allowing users to create better software faster by abstracting and automating every step of the application lifecycle. The pandemic has put increased pressure on government agencies in the US to provide new services to citizens and more productive environments for public sector employees, with many undertaking digitalization to achieve this. This has driven the need for these agencies to build applications and software more quickly than ever before. Many are responding by adopting low-code development platforms to accelerate innovation in an efficient manner. The combined expertise of Vital Edge and Mendix will enable government agencies to make the most of low-code technology and respond to this need for digitalization. "We are delighted to have this important partnership with Vital Edge as we pioneer the next-generation of low-code application development and deployment," said Matthew Garst, the vice president leading Mendix's Federal Practice. "The pandemic has accelerated the need for government agencies to digitize, and this partnership will address the needs of those that are looking for economically efficient application services which can rapidly scale their digital solutions. Vital Edge has fantastic experience and expertise within this space, putting it in a great position to take our offering to the Federal Market." "We have a clear understanding of how the Mendix platform creates efficiencies and simplifies process," said Brett Pfeffer, managing partner at Vital Edge. "Mendix provides government agencies with faster implementation at a lower cost and is truly low-code's only all-in-one solution. We are looking forward to taking Mendix to market and help government agencies deliver better experiences for their end users." About Mendix Mendix, a Siemens business and the global leader in enterprise low-code, is fundamentally reinventing the way applications are built in the digital enterprise. With the Mendix platform, enterprises can 'Make with More,' by broadening an enterprise's development capability to conquer the software development bottleneck; 'Make it Smart,' by making apps with rich native experiences that are intelligent, proactive, and contextual; and 'Make at Scale,' to modernize core systems and build large app portfolios to keep pace with business growth. The Mendix platform is built to promote intense collaboration between business and IT teams and dramatically accelerate application development cycles, while maintaining the highest standards of security, quality, and governance — in short, to help enterprises confidently leap into their digital futures. Mendix's 'Go Make It' platform has been adopted by more than 4,000 leading companies around the world.

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EMERGING TECHNOLOGY

GovCon Plateau GRP Selects Unanet for ERP

Unanet | January 12, 2022

Unanet, the leading provider of project-based ERP for the government contractor (GovCon) industry, announced today that Plateau GRP, a growing and successful GovCon serving a variety of federal and state agencies including the Dept. of Defense, the EPA, and OSHA, has chosen Unanet ERP GovCon. Using Unanet, Plateau GRP will have one unified platform that offers greater visibility and insights into its complex IT, data science and artificial intelligence (AI) projects. Plateau GRP's journey from small I.T. solution provider to large-scale systems integrator with over 200 people in five offices is a testament to the hard work and rigorous attention to detail of the original founders. In their early days, the team members were able to individually manage profit & loss, project details and accounting through spreadsheets and simple off-the-shelf software. But as the company grew to one of Inc. Magazine's fastest growing companies in the nation, it was taking on more projects, people and complexities. "Early on we could be de-centralized, but given our rapid growth, we need a more robust system to help us access and assign skills, resources, budgets and more to each varied and multi-layered project. Unanet offers the unified platform that will give us reports and comprehensive insights into our entire business." Jay Doraiswamy, Chief Operating Officer of Plateau GRP Plateau GRP evaluated several ERP solutions including some of the largest names in the industry. In the end, they determined Unanet had the ease-of-use and sophistication that would offer its team the best functionality. Additionally Unanet offered a seamless transition, without major job disruptions or lost productivity. Unanet also offered the most modern, clean user interface and experience. About Unanet Unanet is a leading provider of project-based ERP and CRM solutions purpose-built for Government Contractors, architecture, engineering, construction, and professional services. More than 3,400 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and accelerate business growth. All backed by a people-centered team invested in the success of your projects, people, and financials. For more information, visit www.unanet.com. About Plateau Group Plateau GRP provides innovative and agile IT solutions to customer challenges. Plateau has developed industry-leading product solutions and services to address Environmental, Safety, and Occupational Health (ESOH) and Sustainability needs, for both Government and Commercial Customers. Plateau's current suite of applications has been designed for environmental compliance, environmental management systems (EMS), energy and sustainability.

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GOVERNMENT BUSINESS

Carahsoft and Icertis Partner to Bring Contract Lifecycle Management Solutions to the Public Sector

Carahsoft | October 23, 2021

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, today announced a partnership with Icertis, the contract intelligence company that pushes the boundaries of what’s possible with contract lifecycle management (CLM). Under the agreement, Carahsoft will serve as an Icertis Master Government Aggregator®, making the Icertis Contract Intelligence (ICI) platform available to the Public Sector through Carahsoft’s NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Association of State Procurement Officials (NASPO) ValuePoint, National Cooperative Purchasing Alliance (NCPA) and OMNIA Partners contracts and through the company’s reseller partners. “Icertis chose to partner with industry leader Carahsoft to help expand our footprint in key Public Sector markets and optimize the contracting experience for our government customers,” said Mike Cook, General Manager, Icertis Public Sector. “Carahsoft’s extensive experience and commitment to helping government agencies will allow us to better serve our Public Sector customers by providing improved access to Icertis’ industry-leading contract intelligence platform.” In addition to the core ICI platform available for all Public Sector organizations, Icertis offers the Icertis Contract Intelligence (ICI) for Federal, the next-gen leading contract intelligence platform built to enable government agencies to accelerate IT modernization, deliver more value for taxpayers, and transform the acquisition process. With the AI-powered ICI for Fed platform, contract officers and acquisition professionals can shift their focus from tactical contract management activities to strategic, compliant, and outcome-based procurement that better serves their agency’s mission. The solution provides a single source of truth for all contracting needs by eliminating data redundancies, increasing cost savings, and delivering more value through a frictionless acquisition process. Icertis was named a Leader in both the 2021 Gartner Magic Quadrant for Contract Life Cycle Management and The Forrester Wave™: Contract Lifecycle Management for All Contracts, Q1 2021. The company is a Microsoft Strategic Alliance Partner and was named 2021 Microsoft Partner of the Year for AI and a finalist in the Global ISV category for the fourth consecutive year. Icertis remains the only CLM provider named to the Forbes AI 50 and Cloud 100 lists. “We are pleased to offer acquisition and contract professionals a solution tailored to optimizing contract management in Government. Icertis’ comprehensive approach to contract management challenges facing public sector makes them a unique and valuable partner as Carahsoft and our reseller partners work to support our government customers’ procurement transformation and IT modernization goals. We look forward to working with Icertis and our reseller partners to expand ICI’s reach across the Public Sector.” Thomas Mason, Sales Manager supporting Icertis at Carahsoft Icertis software and services are available through Carahsoft’s SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, NASPO ValuePoint Master Agreement #AR2472, NCPA Contract NCPA01-86, and OMNIA Partners Contract #R191902. About Icertis With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what’s possible with CLM. The AI-powered, analyst-validated Icertis Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Today, the world’s most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their 10 million+ contracts worth more than $1 trillion, in 40+ languages and 93+ countries. 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 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.

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