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.
Avantus Federal | November 24, 2022
Lorton, VA and McLean, VA – QinetiQ US, a wholly owned subsidiary of QinetiQ Group plc, an integrated global defense and security company, announced today that it completed its acquisition of Avantus Federal (Avantus) from NewSpring Holdings for an enterprise value of $590 million.
The combination of QinetiQ US and Avantus creates a unique platform to offer comprehensive mission-led innovation for the most sensitive and complex challenges intelligence, defense, homeland, civilian, and other government customers face today. This transaction was previously announced August 5, and the transition is expected to be seamless for customers, partners, and employees.
This integration will combine QinetiQ’s leadership in robotics and autonomous systems, sensing, protection systems, and next-generation technology services with Avantus’ advantages in strategic planning, operations, and stakeholder collaboration in a host of government operations, including cyber, data, government facility, and outer space solutions. The combination will deliver mission-led innovation in hardware, software, and mission services to the growing needs of defense, intelligence, homeland security, and law enforcement organizations, along with civilian agencies in the United States and close-U.S. allied nations including the United Kingdom and Australia.
“I am delighted that we have completed the acquisition of Avantus today – it is a strategic milestone in our five-year ambition to build an integrated global defence and security company, delivering innovation for our customers’ mission, This acquisition extends our customer base, strengthens our capabilities and builds scale in the largest defence and security market in the world. With a strong track record of 10%+ growth at attractive margins, Avantus is a brilliant strategic and cultural fit and positions us to meet the increasing mission-critical needs of our US defence and intelligence customers with agility and pace.”
-Steve Wadey, Group Chief Executive Officer for QinetiQ Group plc.
Andy Maner, Chairman and Chief Executive Officer of Avantus, said the combination with QinetiQ US is key to providing more opportunities and growth for our people and customers. We started this journey with our great partner, NewSpring Holdings, and now we’re taking a critical step forward that allows our collective team to leverage additional scale and investments across our world class talent, technology, and processes at a pivotal time in our market and geopolitical landscape.
“We are thrilled to welcome our Avantus colleagues to QinetiQ US, Avantus’ elite talent, differentiated technology solutions, and dedication to mission complement our innovative culture. I am honored to lead a combined team that shares a focus on performance and a proven ability to be agile in impactful delivery at the speed of our customers’ missions.” QinetiQ is a leading science and engineering company dedicated to protecting lives and securing the vital interests of defense and security customers with distinctive offerings in experimentation and technology; cyber and information advantage; engineering services and support; robotics and autonomous systems; training and mission rehearsal; and, test and evaluation. This is complimented by the Avantus capabilities to leverage a strong consulting force to deliver technology, cyber, data, digital engineering and integration, intelligence analysis, and operations strategy and tactics to its clients, ensuring maximum efficiency and impact.
-Shawn Purvis, President and Chief Executive Officer of QinetiQ US.
About QinetiQ US:
QinetiQ US is a leading defense and security company in the United States providing mission-led innovation at pace. QinetiQ US is a provider of technologically advanced services and products to the US Department of Defence and national security agencies, positioned to deliver key aspects of the modernization required to address our customers’ pivot to counter near peer adversaries. QinetiQ’s engineering services span the DoD and Intel community providing subject matter expertise in the areas of communications, sensor integration and research and development, survivability and unmanned ground combat systems. QinetiQ US operates as the U.S. arm of QinetiQ Group plc (QQ.LSE), an integrated global defense and security company focused on innovation for defense, security and civil customers. QinetiQ US employees are based predominantly in Virginia and Massachusetts and operate under a Special Security Agreement (SSA) with the U.S. Defence Counterintelligence & Security Agency (DCSA). QinetiQ US is creating new ways of protecting what matters most; testing technologies, systems, and processes to make sure they work as expected; and enabling customers to deploy new and enhanced-existing capabilities with the assurance they will deliver the outcomes required.
About Avantus Federal:
Avantus Federal is a mission-focused data, cyber, and space services and solutions company. As a mid-market powerhouse with an intentional blend of elite talent, infrastructure, and speed to impact, Avantus and its approximately 1,150 highly cleared professionals lead with technical and domain expertise for its Defence, Intelligence, Homeland Security, and Federal Civilian customers.
EMERGING TECHNOLOGY, GOVERNMENT BUSINESS, GOVERNMENT FINANCE
Informatica | September 22, 2022
Informatica® (NYSE:INFA), an enterprise cloud data management leader, today announced that UK Export Finance is modernizing to the cloud with Informatica’s Intelligent Data Management Cloud (IDMC), freeing up team resources to better serve UK businesses of all sizes and sectors.
UK Export Finance is the world’s first and oldest export credit agency, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer. In the last year it supported 545 companies supporting exports in 61 countries. The small but nimble department is undertaking a digital transformation journey and selected Informatica to modernize its data architecture on a single cloud platform.
Informatica’s IDMC enables enterprises to manage, own and derive insights from their data in the Cloud. UK Export Finance kicked off its digital transformation with a focus on connectivity and fast data ingestion. The IDMC enabled seamless integration with Azure DevOps and Power BI and allows UK Export Finance to manage all data pipelines from a single, browser-based tool and usage-based pricing has lowered the total cost of ownership.
With a legacy integration stack, the UK Export Finance technology team was spending more and more time on maintenance and manual hand-coding to rebuild connectors to meet the specs of modern data architectures, taking time away from important projects. This, along with evolving international standards and regulatory requirements, made it the right time to modernize to the cloud. After an intensive decision-making progress, UK Export Finance chose Informatica’s cloud-native IDMC for its best-in-class capabilities, wide array of codeless connectors, and ease of implementation.
With AI-powered automation and re-usable templates, IDMC has reduced data loading and build times by 40%, allowing the UK Export Finance technology team to focus on more strategic initiatives. Developers and data scientists are no longer tied down with maintenance and instead applying their expertise in building reports that unearth insights and value from the data for the UK exporters the department serves.
“With a mission to better serve British businesses to enter new markets, maximize growth potential and increase the volume of export sales, our team looks to data to unearth insights and uncover new strategies, Informatica’s Intelligent Data Management Cloud has helped alleviate the maintenance and build burden, allowing our team to work on more interesting, strategic initiatives and deliver data-driven recommendations for the UK Exporters we support.”
-Daniel Cozens, Senior Technical Lead, UK Export Finance.
How businesses manage and innovate with data can be the decider on whether they become an industry disruptor or get left behind. With the IDMC, UK Export Finance can improve operational efficiency, eliminating inefficient hand coding and democratise data across the department to allow faster time to value and timely insights, said Jason Tooley, VP Informatica. We’re pleased to be working with UK Export Finance to unleash the power of its data to help UK businesses and industries thrive.
Informatica (NYSE:INFA), an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data. We have pioneered a new category of software, the Informatica Intelligent Data Management Cloud™(IDMC), powered by AI and a cloud-first, cloud-native, end-to-end data management platform that connects, manages, and unifies data across any multi-cloud, hybrid system, empowering enterprises to modernize and advance their data strategies. Over 5,000 customers in more than 100 countries and 85 of the Fortune 100 rely on Informatica to drive data-led digital transformation.
About UK Export Finance:
UK Export Finance is the UK’s export credit agency and a government department, working along-side the Department for International Trade as an integral part of its strategy and operations. Established in 1919, its mission is to advance prosperity by ensuring no viable UK export fails for lack of finance or insurance, doing that sustainably and at no net cost to the taxpayer.