UK government backs Shell’s plan to leave some North Sea installations in place, despite German concerns

Unearthed | February 18, 2019

The British government has endorsed plans by oil giant Shell to leave some decommissioned North Sea oil infrastructure in place, despite the German government expressing serious concerns about shortcomings in the oil giant’s proposals, according to leaked documents seen by Unearthed. Hundreds of ageing North Sea oil and gas rigs will be decommissioned in the coming years and removing structures from the sea completely will be expensive. The UK public spending watchdog, the National Audit Office, has said that British taxpayers will face a bill of at least £24bn for tax relief awarded to oil companies decommissioning North Sea oil infrastructure.

Spotlight

On July 17, President Barack Obama launched the Build America Investment Initiative. The initiative is designed to expand private investment and collaboration in major infrastructure sectors. The President recognizes that high quality and reliable infrastructure is essential to our economy and our quality of life. A highly interconnected and dependable transportation network helps commuters get to work, moves consumer goods to market at a lower cost, and enables U.S.-based firms to sell goods competitively both domestically and internationally. A reliable electrical grid powers our factories and offices and keeps the lights on so city streets are safer and students can study at night. Well-run and maintained water infrastructure gets healthy drinking water into American homes at low cost and prevents rainwater from flooding our streets.

Spotlight

On July 17, President Barack Obama launched the Build America Investment Initiative. The initiative is designed to expand private investment and collaboration in major infrastructure sectors. The President recognizes that high quality and reliable infrastructure is essential to our economy and our quality of life. A highly interconnected and dependable transportation network helps commuters get to work, moves consumer goods to market at a lower cost, and enables U.S.-based firms to sell goods competitively both domestically and internationally. A reliable electrical grid powers our factories and offices and keeps the lights on so city streets are safer and students can study at night. Well-run and maintained water infrastructure gets healthy drinking water into American homes at low cost and prevents rainwater from flooding our streets.

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GOVERNMENT BUSINESS

ECS Named AWS Managed Service Provider for Eighth Consecutive Year

ECS | June 15, 2022

ECS, a leader in advanced technology, science, and digital transformation solutions, has been named an Amazon Web Services (AWS) Managed Service Provider (MSP) Partner for the eighth consecutive year. ECS delivers AWS cloud solutions through premier consulting, audited managed services, and the optimized, value-added resale of the entire global AWS product catalogue. ECS has also maintained an AWS Premier Consulting Partner tier for seven years in a row. To achieve these designations, ECS met strict AWS program requirements, including a rigorous third-party audit in which the company demonstrated operational excellence and value-added delivery across its AWS offerings. Passing this audit demonstrates ECS’ expertise in guiding customers through all phases of the cloud adoption lifecycle, from plan and design through migration, build, and optimization. We are thrilled to be once again recognized as an essential partner who provides critical value for our customers. A key part of that value lies in the AWS cloud solutions that empower our customers to realize cost savings, increased flexibility, and improved cybersecurity. Fueled by the thought leadership of our Cloud Center of Excellence and our philosophy of continuous innovation, ECS is focused on delivering ‘next-generation MSP’ capabilities for our customers, including helping them realize the benefits of the AWS platform.” Ross Serino, vice president of Cloud Operations at ECS “With our eighth successful AWS audit in a row, ECS continues to demonstrate our expertise at delivering cloud solutions using AWS technology,” said Michael Scrivener, director of Cloud Solutions at ECS. “With these designations, our customers can feel confident that they are partnering with AWS experts who have the strategic insights and experience to streamline and transform their business operations.” About ECS ECS, ASGN’s federal government segment, delivers advanced solutions in cybersecurity, data and artificial intelligence (AI), cloud, application and IT modernization, science, and engineering. The company solves critical, complex challenges for customers across the U.S. public sector, defense, intelligence, and commercial industries. ECS maintains partnerships with leading cloud, cybersecurity, and AI/ML providers and holds specialized certifications in their technologies. Headquartered in Fairfax, Virginia, ECS has more than 3,500 employees throughout the United States. About ASGN ASGN Incorporated is one of the foremost providers of IT and professional services in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors. ASGN helps leading corporate enterprises and government organizations develop, implement and operate critical IT and business solutions through its integrated offering of professional staffing and IT solutions.

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GOVERNMENT BUSINESS

SemanticBits Will Be Acquired by ICF

ICF | June 10, 2022

ICF, a worldwide consulting and digital services firm, said today that it has reached a definitive agreement to acquire SemanticBits, a leading provider of mission-critical digital modernization solutions to US government health agencies. In 2022, SemanticBits is predicted to produce $135 million in yearly revenue. In 2023, almost $115 million of that will be recurring, owing to the conclusion of many small company contracts. As part of ICF, SemanticBits is expected to produce EBITDA margins in the high teens, based on its track record of double-digit sales growth. ICF will use its existing credit facility to cover the $220 million deal. Upon completion, the deal is expected to be accretive to ICF's EPS. SemanticBits offers a comprehensive set of open-source digital modernization services, including end-to-end agile at scale development, cloud-native solutions, data analytics, and human-centered design. SemanticBits, which was founded in 2005, has a team of 450 technologists and practitioners with experience working on large federal health IT projects and expertise across 30 technology platforms. They use a fully agile approach that complements ICF's deep federal health domain expertise and digital modernization capabilities. SemanticBits provides help to federal health authorities in the United States, primarily the Centers for Medicare and Medicaid Services (CMS). This latest acquisition is in keeping with our strategy to complement organic growth with acquisitions that strengthen ICF's position in key growth markets and provide meaningful revenue synergies over time." John Wasson, ICF chair and chief executive officer John further added, "SemanticBits' advanced health IT and data science solutions accelerate and improve mission impact and health outcomes. As one of the industry's leading digital service and platform providers using open-source, SemanticBits scales our rapidly growing set of digital modernization capabilities and, together with our deep federal health expertise, will enable ICF to support larger, more complex projects across federal civilian agencies." The acquisition is scheduled to close in mid-July, subject to regulatory and customary conditions. When ICF reports its second quarter results in early August, it aims to publish updated financial forecast for the full year 2022, which will include the projected contribution from the SemanticBits purchase.

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GOVERNMENT BUSINESS

Carahsoft Named Dell 2022 Federal Partner of the Year

Carahsoft | June 13, 2022

Carahsoft Technology Corp., The Trusted Government IT Solutions Provider®, announced that it has been named the 2022 Federal Partner of the Year for “Excellence in Engagement” by Dell Technologies. This award was presented to Carahsoft at Dell Technologies World recognizing Carahsoft’s dedicated sales, integrated marketing, and overall quest to best serve customers alongside Dell. We are honored to be recognized as Dell’s Federal Partner of the Year. With the support of our reseller partners, our dedicated Dell team is committed to driving value through customer and reseller education, implementing strategic marketing campaigns, and coming up with new ways to interest our customers in the power of Dell. We look forward to continuing this momentum and building upon this successful partnership.” Maryam Emdadi, Vice President, Carahsoft Carahsoft became an authorized distributor for Dell in 2017 after many successful years working with the company. Carahsoft works closely with Dell Technologies to develop and implement marketing initiatives, such as the Dell Partner Webinar Series, which trains and empowers hundreds of customers and partners on the capabilities of Dell’s industry-leading technology. Over the past five years, Carahsoft has grown to become Dell’s largest Federal Distributor. Carahsoft and our reseller partners remain committed to furthering Dell’s business momentum and driving value for customers. 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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