U.S.-China trade war risks driving Fed policy, not Trump's carping: economists

Reuters | September 13, 2019

The U.S.-China trade war will worsen or at best stay the same over the coming year, according to economists in a Reuters poll who expect the Federal Reserve to cut interest rates next week for the second meeting in a row. The median probability of a U.S. recession in the next two years held at a high of 45% and the chance of one in the next 12 months held at 30%. But the expected quarter-point rate cut is unlikely to satisfy U.S. President Donald Trump, who in tweets this week called on Fed policymakers to slash interest rates into negative territory to boost slowing economic growth.

Spotlight

Data security was once a simple concept, especially for federal agencies. Employees used one device to access data through a single network. The goal for technology providers was to secure this infrastructure at all costs. If the infrastructure remained secure, so did the data. Those days are long gone in government. Now if an employee wants to share a large file with a co-worker, and email can’t handle it, the employee looks for other options such as putting it in their personal Dropbox account. A seasoned federal employee might think better about doing something like this since it is more than likely not an authorized agency application, but younger employees, who grew up using the cloud the cloud generation see it as a way of being more productive.

Spotlight

Data security was once a simple concept, especially for federal agencies. Employees used one device to access data through a single network. The goal for technology providers was to secure this infrastructure at all costs. If the infrastructure remained secure, so did the data. Those days are long gone in government. Now if an employee wants to share a large file with a co-worker, and email can’t handle it, the employee looks for other options such as putting it in their personal Dropbox account. A seasoned federal employee might think better about doing something like this since it is more than likely not an authorized agency application, but younger employees, who grew up using the cloud the cloud generation see it as a way of being more productive.

Related News

EMERGING TECHNOLOGY

Eightfold Selected as AI Platform for Defense Innovation Unit (DIU) GigEagle Application

Eightfold AI | May 10, 2022

Eightfold AI, the leader in AI-powered talent intelligence, in partnership with Carahsoft Technology Corp., the Trusted Government IT Solutions Provider, announced that they have been awarded an Other Transaction (OT) prototype contract for the Defense Innovation Unit (DIU), an organization within the Department of Defense (DoD), to develop and deploy a talent intelligence platform to identify currently undiscoverable expertise for the Department. Eightfold's Talent Intelligence Platform will power a talent marketplace app titled "GigEagle," which matches DoD mission needs with military personnel, specifically Reservists and National Guard members, seeking short-term, project-based duties. The Eightfold platform will help more easily and closely connect DoD project managers with personnel that can best contribute to digital skill gaps on short-term projects. Eightfold's addition to Carahsoft's AI portfolio solves a critical need for government agencies to revolutionize their talent operations through both speed and intelligence. This added level of intelligence that matches individual skills with short-term project requirements is pivotal for service members and the Defense Department as the organization scales its strategic and highly innovative 'gig' program." Patrick Gallagher, Vice President of Sales at Carahsoft "We are excited to enable DIU's vision as they tap into their highly diverse and skilled talent network that is already committed to delivering on defense projects," said Kamal Ahluwalia, President of Eightfold AI. "It is gratifying to see how the sophistication of our AI, in combination with our modern user interface, advanced security, and unmatched scalability can bolster the competitive advantage of commercial and public sector organizations alike." About Eightfold AI Eightfold AI's market-leading Talent Intelligence Platform helps organizations retain top performers, upskill and reskill their workforce, recruit talent efficiently, and reach diversity goals. Eightfold's patented deep learning artificial intelligence platform is available in more than 100 countries and 20 languages, enabling cutting-edge enterprises to transform their talent into a competitive advantage. 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 Engagement, 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.

Read More

GOVERNMENT BUSINESS

MetTel Partners with Geotab to Deliver IoT Solutions for U.S. Government Vehicles

MetTel | January 13, 2021

MetTel, a Gartner-perceived pioneer in advanced transformation and communications, today announced that it is joining forces with Geotab to offer government vehicles access to a suite of oversaw services that give basic knowledge to help streamline consistence and detailing, reduce complete cost of ownership and improve resident and representative safety, as well as limit greenhouse gas emissions. Today, numerous government vehicles just approach vehicle motor diagnostics. Outdated methods of the board and documentation make inefficiencies in fuel usage, driving time and in general expenses. With grant winning telematics from Geotab coupled with MetTel's full service armada the executives entrance, government fleets can increase visibility into their vehicles to make efficiencies and help reduce in general costs. "Our mission at MetTel is to provide an easy on ramp for government agencies to realize the full benefits of the Internet of Things," said Robert Dapkiewicz, SVP and General Manager of MetTel Federal. "Government agencies are looking for ways to provide more transparency, while providing the tools to help reduce costs and increase the safety of government employees and the citizens they serve. MetTel-enabled IoT solutions help provide that, through an easy to use "single pane of glass." With MetTel and Geotab, managers of government vehicles will have access to critical intelligence that will provide broad visibility into each MetTel-enabled vehicle. Among the benefits: • Reduced Costs: Smarter asset utilization can reduce overall mileage and fuel spend. Predictive diagnostic technology notifies agency managers of vehicle maintenance needs before they become costly fixes or replacements. • Improved Driver Safety: In-vehicle coaching, risk and safety reports, instant notifications and accident detection with detailed second-by-second data to help increase the safety of drivers and citizens. • Streamlined Compliance & Reporting: Configurable dashboard and reporting software with email automation helps eliminate the tedious process of manual reporting for government regulations, odometer readings and fuel economy. • GHG & EV Battery Reporting and Compliance: Minimizes and measures greenhouse gas emissions & EV (electric Vehicle) specific solutions for battery and vehicle diagnostics. • Increased Efficiency of Fleet Inventory: Deeper visibility into the availability of vehicles to make data-based decisions about vehicle and driver utilization. • Schedule 70: As a small business, MetTel offers IT communications products, services and solutions through GSA IT Schedule 70 contracts to federal, state and local agencies. "We are excited to add our leading telematics platform to MetTel's expansive technology offering for the U.S. Federal Government," said Jean Pilon-Bignell, Vice President of Business Development, Government and Smart Cities , Geotab. "As the leading telematics provider to the U.S. Federal Government, and thanks to our recent FedRAMP certification, we are committed to connecting Federal agency vehicles and integrating them into broader IoT strategies that can help save the Government time, resources and money." MetTel Federal Portal, Bruin, Provides "Single Pane of Glass" to Help Easily Manage Vehicles Government agencies will have full visibility of MetTel-empowered vehicles through the MetTel Federal Portal, a fully overseen service giving monetary control of operations to telecom services, including service advancement (wireline, wireless, IoT and IaaS) through the Bruin stage, also marked as "MetTel Federal Portal." The MetTel Federal Portal is a head, grant winning armada the executives gateway offering a secure, seamless stage for all charging, provisioning, tagging, requesting and revealing. About MetTel MetTel is a leader in communications and digital transformation (DX) solutions for enterprise customers. By converging all communications over a proprietary network, MetTel gives enterprises one, unified view and control point for all their communications and advanced network services. MetTel's comprehensive portfolio of customer solutions can boost enterprise productivity, reduces costs and simplifies operations. About Geotab Geotab is advancing security, connecting commercial vehicles to the internet and providing web-based analytics to help customers better manage their fleets. Geotab's open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with their other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing billions of data points a day, Geotab leverages data analytics and machine learning to help customers improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve strong compliance to regulatory changes. Geotab's products are represented and sold worldwide through Authorized Geotab Resellers.

Read More

GOVERNMENT BUSINESS

SuperCom Announces New Wyoming Government Electronic Monitoring Contract

SuperCom | January 10, 2022

SuperCom , a global provider of secured solutions for the e-Government, IoT and Cybersecurity sectors, announced today that it has secured a new electronic monitoring contract in Wyoming. The contracting agency is an Adult and Juvenile Probation Agency and plans to use SuperCom's PureTrack GPS smartphone products to monitor their case load for location compliance. The contract is structured as a recurring per unit per day lease model, with billing at the end of each month. "We are pleased to start 2022 with another government contract win and expansion into another US state. This is our first customer in Wyoming and adds to a diverse mix of government agencies around the world in our customer base. PureTrack continues to prove its flexibility in serving adult, juvenile, direct government and channel sales markets across the US and Europe." Ordan Trabelsi, President and CEO of SuperCom "With each new customer, we demonstrate further that our proprietary hardware, software and services continue to fill unmet needs in the criminal justice market. The design of our solutions allows us to not only grow our share within the market but also expand the market by introducing unique features that improve public safety, officer convenience, and recidivism rates," Ordan concluded. SuperCom's PureSecurity Suite is a best-of-breed electronic monitoring and tracking platform, which contains a comprehensive set of innovative features, including smart phone integration, secure communication, advanced security, anti-tamper mechanisms, fingerprint biometrics, voice communication, unique touch screens and extended battery life. About SuperCom Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, livestock monitoring, and building and access automation.

Read More