EMERGING TECHNOLOGY,GOVERNMENT BUSINESS
M9 Solutions | August 04, 2022
We are excited to announce that M9 Solutions and the National Technical Information Service (NTIS) have entered into a Joint Venture Partnership (JVP) for Data Innovation Support. In response to a rigorous NTIS review and selection process, which is described in the linked Federal Register Notice, M9 Solutions was chosen as a JVP. M9 Solutions brings some of the brightest minds in data science, and now can help support any agency to implement any government data science project in partnership with NTIS
The Department of Commerce's National Technical Information Service (NTIS) accelerates results across the Federal Government by leveraging data as a strategic asset to achieve mission outcomes. As a trusted Fed-to-Fed advisor, NTIS applies its unique joint venture partnership (JVP) authority (15 U.S. Code 3704b) leveraging leading, innovative companies to help federal agencies solve their complex data challenges. NTIS efforts promote operational excellence through applied data science innovation in areas such as artificial intelligence, machine learning, predictive analytics and blockchain.
"We are thrilled to be selected as a Joint Venture Partner with NTIS. Our internal Center of Excellence (CoE) with a dedicated focus on cutting edge AI and Blockchain technologies will transform federal agencies mission operations by using data in more innovative ways."
-David Callner, M9's Chief Growth Officer.
About M9 Solutions, LLC (M9):
M9 is a Small Business dedicated to enabling data innovations to the Federal Government by mobilizing the right people, skills, clearance levels, and technologies to help organizations who desire improved performance and modern, sustainable change. M9's investment in emerging and innovative technologies provides NTIS opportunities to address a wide range of mission operations across the federal landscape. M9 has invested in-house technologies and capabilities such as our Blockchain NFT Marketplace that connects government and commercial entities in new ways of working in the Web 3.0 metaverse. M9 has been supporting over 27 agencies digital transformation advancements since 2007 with our Data Science and Analytics, DevSecOps, Cloud, Cybersecurity, and AI/ML augmented assisted services to transform the landscape into The Digital Future™.
Cartegraph | July 04, 2022
Cartegraph, a leader in infrastructure asset management software, has announced the launch of its right-of-way permitting solution for city and county public works, engineering, and transportation departments. By adding Cartegraph for Right-of-Way Permitting to its suite of asset management, work order, resource planning and facility management solutions, the organization assists municipalities in saving time and tax dollars by streamlining the permitting process.
“We are in a period of accelerating innovation in local government right now, From city hall to public works, parks and water utilities, municipal agencies are embracing technology to deliver high-quality services for their residents: online options, contactless payment, and transparent communication. It’s exciting to partner with cities and counties on these efforts. Our comprehensive and modern infrastructure management platform is designed to meet the dynamic and evolving needs of infrastructure owners—from asset and work management to ROW permitting and beyond.Procedural logjams can significantly slow down infrastructure improvement efforts. That’s why we’re so focused on helping cities and counties move beyond a ‘how we’ve always done it’ mindset, It’s inspiring to see so many local government leaders leverage software to work smarter and create better experiences for their teams and residents—particularly at a time when no one has the luxury of extra staffing resources.”
-Josh Mallamud, CEO of Cartegraph.
In the past, public works and engineering teams have relied on paper, spreadsheets, interoffice mail and disjointed systems to manage their street, utility, telecommunication and tree permits. These processes often led to inefficiencies, lost requests and miscommunication between departments and constituents. Today, these infrastructure-focused agencies can use Cartegraph’s secure, digital permitting hub to manage contractor, homeowner and business requests to close roads, repair sidewalks, remove trees and more.
With Cartegraph for Right-of-Way Permitting, constituents quickly submit, track and pay for permit applications. Once received, government teams easily review, approve and reject applications. Office staff can also create, store and send permits, and process payments in seconds. Cartegraph for ROW Permitting helps its users eliminate paperwork, automate workflows, boost departmental efficiency and accelerate sustainable community growth. To learn more, visit cartegraph.com/row-permitting.
Cartegraph builds safer, more resilient and sustainable communities through better stewardship of buildings and critical infrastructure. They offer powerful, intuitive SaaS solutions that help government agencies, utilities, and educational institutions manage their physical assets and associated operations. With Cartegraph software, users optimize the life of their infrastructure, deploy maintenance resources efficiently and increase productivity to drive high-performance operations.
Parker | July 20, 2022
Parker Hannifin Corporation (NYSE:PH) today welcomes the announcement from the UK’s Secretary of State for Business, Energy and Industrial Strategy that, following public consultation, he accepts the competition and national security undertakings provided by Parker in relation to the Meggitt acquisition and the transaction is therefore cleared to proceed by the UK Government. As previously announced on August 2, 2021, the boards of Meggitt and Parker reached agreement on the terms and conditions of a recommended all cash acquisition by Parker of the entire issued, and to be issued, ordinary share capital of Meggitt PLC (the “Acquisition”).
Parker also confirms that it has signed legally binding economic commitments with the UK Government. These commitments include maintaining the following, for five years after the closing of the Acquisition (“Undertaking Period”):
Meggitt’s headquarters and its aerospace and advanced materials center of excellence in Ansty Park, in Coventry, UK;
Meggitt’s key areas of existing operational capability in the UK;
R&D (including product engineering) and manufacturing labor headcount in the UK;
Meggitt’s sustainability targets of reducing net carbon emissions by 50 per cent, by 2025; and achieving net zero greenhouse gas emissions by 2050; and
Contractual obligations regarding supply of goods and services to HM Government.
Finally, as innovation is a key driving factor of success for both Meggitt and Parker, Parker has agreed to increase Meggitt’s R&D expenditure in the UK by at least 40 per cent, by the end of the Undertaking Period, and its UK apprenticeship opportunities by 20 per cent.
“We are pleased to have reached this important clearance milestone from the UK Secretary of State, We have also agreed to substantial legally binding commitments, which underscore our deep commitment to the UK. As we move closer to the completion of the acquisition and the combination of these two strong businesses, we look forward to welcoming the Meggitt team to Parker.”
-Tom Williams, Chairman and Chief Executive Officer, Parker.
The Acquisition remains subject to satisfaction or, where applicable, waiver of the conditions set out in the scheme circular published on August 16, 2021, including regulatory clearance and the sanction of the scheme of arrangement by the High Court of Justice in England and Wales pursuant to the UK Companies Act 2006. Parker continues to expect the Acquisition to close in Q3 2022.
Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century the company has been enabling engineering breakthroughs that lead to a better tomorrow. Parker has increased its annual dividend per share paid to shareholders for 66 consecutive fiscal years, among the top five longest-running dividend-increase records in the S&P 500 index.