No-deal Brexit: Government report predicts 9% hit to economy, food shortages and businesses going bust

The i | February 27, 2019

The Government has published a grim assessment of the consequences of a no-deal Brexit. It includes a nine per cent long-term hit to the economy, food shortages and the possibility of companies going out of business. The document reveals the Government is behind schedule on almost a third of its “critical” contingency plans, and that there is no chance of the country being prepared if the UK leaves the EU without a deal on 29 March. “Despite the steps being taken by Government to manage the negative effects of no deal, there are a number of areas where the impact on trade, businesses and individuals would be particularly significant,” it said. The document was published on Wednesday after demands from former Conservative MP Anna Soubry, who has left to join The Independent Group.

Spotlight

Case study on building government as a platform  part of the Government Digital Strategy. Featuring John Sheridan, Head of Legislation Services, The National Archives.

Spotlight

Case study on building government as a platform  part of the Government Digital Strategy. Featuring John Sheridan, Head of Legislation Services, The National Archives.

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Quantexa chosen by UK government for Big Data and Analytics framework as part of supplier ecosystem

QUANTEXA | August 26, 2022

Quantexa, a global leader in helping organizations unify, contextualize, and act on their data for trusted decisions, announced that it has been chosen by the Crown Commercial Service (CCS) to be a supplier for its Big Data and Analytics procurement framework. The framework will allow government departments and local authorities to choose from a range of best-in-class specialist suppliers to help unlock the value of data and improve public sector services. The framework will cover up to £2bn of potential spending over a four-year period, from 2022 to 2026. Quantexa will respond to tenders for commercial off-the-shelf (COTS) software specifically for big data and analytics capabilities. The company’s technology will help government services use data from their legacy systems and create a better understanding and single view of citizens, businesses, or organizations across a broad range of use cases including citizen insight, counter fraud, data intelligence and data management. “We’re proud to be selected by the CCS as a potential vendor for this framework. The National Data Strategy highlighted how essential it is for the government to automate the interrogation of their data more effectively to improve public services, Quantexa’s Contextual Decision Intelligence (CDI) Platform has already been selected by the Cabinet Office to detect fraud in the COVID-19 loan schemes and assist in the fight against financial crime. We look forward to the opportunity to deliver best-in-class entity resolution, graph analytics, scoring and alerting frameworks to other departments and across the public sector to help them use their data at scale to unify their data, manage risk, ensure compliance, and identify opportunities for efficiency.” -Vishal Marria, CEO at Quantexa. ABOUT QUANTEXA: Quantexa is a global data and analytics software company pioneering Contextual Decision Intelligence that empowers organizations to make trusted operational decisions by making data meaningful. Using the latest advancements in big data and AI, Quantexa’s platform uncovers hidden risk and new opportunities by providing a contextual, connected view of internal and external data in a single place. It solves major challenges across data management, KYC, customer intelligence, financial crime, risk, fraud, and security, throughout the customer lifecycle. The Quantexa Contextual Decision Intelligence Platform enhances operational performance with over 90% more accuracy and 60 times faster analytical model resolution than traditional approaches. Founded in 2016, Quantexa now has more than 500 employees and thousands of users working with billions of transactions and data points across the world. The company has offices in London, New York, Boston, Washington DC, Brussels, Toronto, Singapore, Melbourne, and Sydney.

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EMERGING TECHNOLOGY

medZERO Advances to Next Stage in LG’s Innovative Mission for the Future Global Challenge

medZERO | July 14, 2022

LG Electronics’ North American Innovation Center (LG NOVA) picked medZERO as one of the “Selected 20” startups advancing to the next stage of its Mission for the Future global challenge competition. The honor comes with $100,000 to help fund a collaboration for the next round of the competition. The recognition is the latest for the Portland-based startup medZERO, an employer-sponsored financial wellness platform that gives employees a smarter way to pay for healthcare via on-demand access to funds to pay their out-of- pocked expenses over time at zero interest and zero fees. In May, medZERO was one of six companies selected by the Meta Lab challenge, a prestigious competition sponsored by the Carolina Fintech Hub and MassChallenge, an international business accelerator program located in Boston. Since securing $5.7 million in seed funding last year from Silicon Valley powerhouses True Ventures, Village Global and other angel investors, medZERO launched its app in November 2021 and has been hiring and has more than doubled its customer base. Each of the 20 top contenders in the LG NOVA program were awarded $100,000 for proof-of-concept projects. medZERO was chosen in the Connected Health category as a company that is creating a new solution with potential to transform markets and industries, specifically as people change their perspective on new technology-based care. “We are honored to make it to this round, LG recognized that our highly scalable, mobile payments platform leverages technology to give employees greater control over their healthcare services and spending.” -Craig Froude, Co-Founder and CEO, medZERO. Chosen from a group of more than 1,300 applicants, the Selected 20 will continue in the process to develop their ideas while working closely with LG NOVA’s team of innovation and entrepreneurial experts over the next couple of months—with the goal of being chosen as a Mission for the Future challenge “Top 10” finalist. To be named in August 2022, the Top 10 will have the opportunity to build their business in collaboration with LG on an accelerated path to success, with full access to LG expertise, mentorship, and from NOVA Capital Alliance and investments from LG. Since its official launch in August 2021, the Mission for the Future challenge has invited innovators and entrepreneurs to submit their business ideas, technologies, and concepts that look to advance people, communities, and the planet. The initial “First 50” startups selected through the challenge program received access to basic business infrastructural support and networking after demonstrating exceptional proof-of-concept within emerging industries, as well as the potential for a successful partnership within the wider LG business. Over the last few months, our work with the First 50 startups has helped us continue to refine our vision for the future as we look at new areas of growth for LG, said LG Electronics Senior Vice President for Innovation Dr. Sokwoo Rhee, head of LG NOVA. We’re inspired by all of those who have participated to date with groundbreaking, thoughtful tech innovations to drive and contribute to our collaborative community and guiding principle of ‘outside-in’ innovation. With this announcement, we’re sharing the results of our ongoing work in engaging with the startup and entrepreneur community to create impactful technologies that will lead society into the future. About medZERO- medZERO is a Portland, Ore., healthcare-focused fintech company (www.medzero.com) designed to make healthcare accessible, affordable and equitable. Our employer sponsored platform provides employees instant access to funds to pay their out-of-pocket healthcare costs with no interest and no fees. Repayment is made through automatic payroll deduction and for users with Health Savings Accounts medZERO payments are pre-tax allowing them to save up to 30% on all qualified medical expenses. About LG NOVA- LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center’s mission is to build, nurture and grow innovations that impact the future. About LG Electronics USA- LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company’s commitment to environmental sustainability and its “Life’s Good” marketing theme encompass how LG is dedicated to people’s happiness by exceeding expectations today and tomorrow

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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS,CYBERSECURITY

SkyePoint Acquires SNR Government IT Services to Expand its Information Technology Offerings as a Prime Contractor within the Defense Sector

SkyePoint | September 14, 2022

SkyePoint Decisions, Inc. (SkyePoint) is pleased to announce the purchase of SNR Government IT Services LLC (SNR GITS), a subsidiary of Arrowpoint Corporation of Ashburn, VA, effective September 9, 2022. SkyePoint acquired all assets including its DLA JETS, Army RS3, and Army ITES-3S information technology and cybersecurity services contract vehicles. SNR GITS, now as a subsidiary of SkyePoint, offers comprehensive information technology services including technical and management expertise supporting applications, software, hardware, infrastructure, and systems in support of Department of Defense (DOD) agencies. As a Division of SkyePoint, SNR GITS will operate as the Defense sector arm for SkyePoint’s continued growth and investment. “This acquisition reflects SkyePoint’s determined and unrelenting focus on growth and delivering excellence to our federal government customers. Our ability to provide meaningful solutions to Federal agencies, anytime, anywhere now further expands SkyePoint’s reach to the DOD as a Prime contractor. We look forward to working with our technology and industry services partners to deliver SkyePoint’s proven cybersecurity, IT infrastructure, data analytics, and application development solutions.” -Frank Sturek, President, SkyePoint. About SkyePoint Decisions: SkyePoint provides innovative enterprise-wide and targeted solutions for the complex challenges faced by our federal government clients. Our focus is on enabling our client’s ability to deliver their mission – anytime, anywhere, securely as a prime contractor committed to delivery excellence. We combine technical expertise, mission awareness, and an empowered workforce to produce meaningful results. SkyePoint is an established ISO 9001:2015, ISO/IEC 27001:2013, and CMMI for Services Level 3 business with operations across the U.S. About SNR GITS: SNR GITS, a division of Arrowpoint Corporation, offers comprehensive IT services including technical and management expertise that supports applications, software, hardware, infrastructure, and systems in support of the Defense Logistics Agency and the Department of the Army. SNR GITS provides services through its Indefinite Delivery / Indefinite Quantity (IDIQ) contract vehicles.

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