BAE Systems | November 25, 2022
BAE Systems and IT services company Purisolve, Inc. have combined forces to form a joint venture (JV), Promoveo Solutions.
The JV is an outgrowth of a U.S. Small Business Administration-approved mentor-protégé agreement between BAE Systems and Purisolve, a historically under-utilized business zones (HUBZone) certified small business.
Promoveo will initially focus on competing to support the Department of Treasury, leveraging Purisolve’s 15 year history with the department, and BAE Systems’ expertise as a top government contractor. The Atlanta-based company will provide federal agencies an opportunity to meet their small business contracting goals for HUBZone contracts.
“Promoveo means to move forward, As the name suggests, with our experience as a leading systems integrator and Purisolve’s expertise in strategic IT support, this JV is poised to provide forward-thinking IT services to the federal government.”
-Al Whitmore, BAE Systems’ Intelligence & Security sector president.
Purisolve’s owner and President Wallace Jones added, We are excited about working with BAE Systems and enjoying many years of shared success.
About BAE Systems, Inc:
BAE Systems, Inc. and its 34,000 people are part of a global defense, aerospace, and security company. We deliver products and services for air, land, sea and space, as well as advanced electronics, intelligence, security, and IT solutions and support services. Our dedication shows in everything we design, produce, and deliver— to protect those who protect us in a high-performance, innovative culture. We push the limits of possibility to provide a critical advantage to our customers where it counts.
About Purisolve, Inc:
Purisolve, founded in 2007, is a professional services consulting firm specializing in client solutions to improve information management, data analytics, and business intelligence. Purisolve is committed to helping clients become strategic data-driven organizations to increase revenues, reduce costs, or improve efficiencies. Purisolve, was derived by combining two words: “purity” and “solutions”. The word “purity” represents unblemished integrity, including professionalism and work ethic, which is a core value of our firm. The word “solutions” is a simple term that represents innovation and customer-focused results for solving problems.
Privacera | January 02, 2023
A recent announcement by Privacera, the only open-standards based data security governance leader gave a round-up of predictions and trends that will be the mainstay for companies wanting to compete in a data-driven economy for 2023.
As more data accumulates within an organization, the adoption and combined power of data analytics, privacy, and security solutions will explode over the next few years.
Privacera's data security and governance predictions and trends for 2023:
CAOs (Chief Data Analytics Officers) will be part of C-Suite
As enterprises will become more data-driven to achieve desired business outcomes, the CAO’s role will become even more indispensable.
Multi-cloud adoption to exponentially grow
To modernize their data architecture, enterprises will look towards adopting a multi-cloud strategy with a strategic approach and a scalable data security platform.
Create Frictionless Data Security (DSG) environments
A universal DSG environment with security and governance controls across the entire data estate for organizations of all sizes.
Zero Trust and Data Mesh
With Zero Trust and Data Mesh location of the data remains the same and ensures all safety, compliance and privacy measures are observed.
New Federal Regulations to Protect Consumer Data
Consumer awareness that organizations are collecting, storing and using their data is creating an urgent need for Congress to write and pass data and privacy regulations.
"Data security platforms will continue to gain popularity as they help simplify the complexity of managing data access controls, support data governance strategies, and drive higher-value analytics that unlock the full data-driven potential of enterprises."Privacera CEO Balaji Ganesan.
Founded in 2016, Privacera's SaaS-based data security and access governance platform, gives you a unified view and control over sensitive data across multiple cloud services, including AWS, Azure, Databricks, GCP, Snowflake, and Starburst. Privacera platform is used by Fortune 500 customers in the finance, insurance, life sciences, retail, media, and consumer industries, as well as government agencies, to automate sensitive data discovery, mask sensitive data, and manage high-fidelity policies at petabyte scale on-premises and in the cloud.
Germany Trade & Invest | November 14, 2022
Germany's Ministry of Economic Affairs and Climate Action (BMWK) has contracted software company QMWare and cloud specialist IONOS, together with the University of Stuttgart and the Fraunhofer FOKUS research institute, to construct a platform for quantum computing applications for German industry. The cloud will be the first of its kind in the country.
The project, called SeQenC, will run for three years and is part of the ministry's "Digital Technologies for Business" support program. The ministry will be investing tens of millions of euros, although no exact figure was named.
During the project's three-year span, selected partner companies from industry and the wider economy will be invited to test out applications in sectors such as telecommunications, logistics, finance, automotive and energy.
The project is the latest in a series of quantum computing initiating to come from the BMWK. In late September, the ministry announced that it would put EUR 14 million into a quantum processer prototype developed on the basis of photonic systems. The BMWK has pledged to invest EUR 740 million in quantum computing as a whole.
"The German government's investment indicate how serious it is about quantum computing in Germany, Such initiatives not only create superior conditions for businesses active in Germany. They also show that niches are arising for international quantum computing businesses to come to Europe's largest economy and profit from this exciting transformation."
-Asha-Maria Sharma, computing industry expert at the German government agency Germany Trade & Invest.
Germany Trade & Invest (GTAI) is the economic promotion agency of the Federal Republic of Germany. GTAI supports German companies setting up in foreign markets, promotes Germany as a business location and assists foreign companies setting up shop in Germany.