U.S. may follow China with first quarter GDP upside surprise

Reuters | April 23, 2019

A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did not look promising at the turn of the year. But Friday’s gross domestic product data for the first three months of 2019 could strengthen the case that while the current period of global expansion is in its late stages, some of the biggest contributors have yet to run out of steam. After China’s economy defied expectations that it would slow further in January-March, U.S. growth is expected to be 2.1 percent in the same period, although the range of analysts’ estimates was wider than usual at 1.0 to 2.9 percent.

Spotlight

This week we are running a series examining the increasing role providers are playing in government programs. Our government programs experts examine the trends, opportunities, and challenges associated with providers taking on increasing risk in Medicare and Medicaid programs.

Spotlight

This week we are running a series examining the increasing role providers are playing in government programs. Our government programs experts examine the trends, opportunities, and challenges associated with providers taking on increasing risk in Medicare and Medicaid programs.

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Guidehouse and TechSur Form SBA Mentor-Protégé Joint Venture

Guidehouse | June 27, 2022

Guidehouse, a leading global provider of consulting services to public sector and commercial clients, and technology solutions provider TechSur Solutions are pleased to announce a strategic Joint Venture (JV) and Mentor-Protégé Agreement (MPA) under the U.S. Small Business Administration (SBA) Mentor-Protégé Program (MPP) through Guidehouse's acquisition of Dovel Technologies, LLC and its JV with TechSur, 1DTS. 1DTS successfully integrates the expertise of the two firms that specialize in digital transformation, bringing cloud-native applications, solutions, and analytics to government organizations. Guidehouse and TechSur have combined decades of experience providing innovative solutions across the federal government to include U.S. Department of Homeland Security. 1DTS is the culmination of that collective experience. As an 8(a) and EDWOSB, 1DTS can take organizations to the next levels of maturity through focused and impactful digital transformation strategies improving the mission of our customers. TechSur offers proven core competencies in mechanizing and automating the process of IT modernization while Guidehouse brings commensurate expertise in digital transformation and IT consulting. We look forward to significant collaboration through this joint venture to deliver innovative solutions for our Federal clients and team to address today's complex challenges for a more resilient tomorrow." Scott McIntyre,Guidehouse CEO Under the MPA, Guidehouse provides mentorship to TechSur as they seek opportunities in the Federal space for digital transformation, cloud native applications, legacy modernization, enterprise DevSecOps, data analytics, and adaptive artificial intelligence for mutual clients. "This partnership strengthens and highlights the technical savvy and expertise of both organizations," said Amit Yadav, Chief Technology Officer of TechSur Solutions. "Guidehouse is a powerhouse and increases our resources exponentially. We are very excited about this JV and the potential for delivering high-quality, timely, and customer-focused IT services while helping our clients solve their complex technical challenges." Guidehouse brings strength in the design and implementation of modernized enterprise architecture, systems integration, and agile-based software development, operations, and maintenance. TechSur Solutions is passionate about crafting aggressive and intentional technical solutions, all while remembering that at the end of the day, human beings have to want to use the technology. About Guidehouse Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. About TechSur Solutions TechSur Solutions is a premier IT consulting services small business with a philosophy and a focus on invention. Their rich service portfolio offers Federal Agencies and commercial clients Digital Transformation and Modernization services. TechSur is an 8(a) certified Economically Disadvantaged Women-Owned Small Business (EDWOSB) built on the belief that government deserves better engagement and a terrific user experience.

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GOVERNMENT BUSINESS

Westinghouse Announces New President of Westinghouse Government Services

Westinghouse Electric | December 13, 2021

Westinghouse Electric Company announced that Paul Longsworth has been appointed president of Westinghouse Government Services (WGS). Longsworth joined WGS in June 2021, bringing more than 35 years of experience in nuclear energy, national security and environmental industries. Previously, he served as Vice President, Secure Services at Flour, and was the Deputy Administrator for Defense Nuclear Nonproliferation at the U.S. Department of Energy. He takes over the business following the retirement of Bob Cochran. “Westinghouse has a strong record of leadership and support for the government for decades, and we look forward to building on this with Paul’s experience and strategic vision. Paul’s deep understanding of the government market segments will strengthen our ability to deliver best-in-class technologies and excellence in nuclear operations to accelerate environmental cleanup, deploy innovative reactor and fuel technologies, and serve the critical supply chain needs of our government customers.” Sam Shakir, President of Environmental Services at Westinghouse Westinghouse Government Services, LLC (WGS) is a subsidiary of Westinghouse Electric Company, LLC. WGS delivers the company’s nuclear technologies and services for government programs, globally. The range of services and capabilities incorporate manufacturing of nuclear grade components and materials, operations of nuclear material processes and associated technologies, deactivation and decommissioning nuclear facilities and assets, treatment, management and disposition of nuclear materials, and delivery of advanced reactor technology. Paul will lead a world class team of experts that deliver projects in the United States that support the Department of Energy, the National Nuclear Security Administration and the Department of Defense and the Canadian National Laboratory. “We thank Bob for his significant contributions he has made to Westinghouse through his relentless energy and dedication to the company,” said Shakir. Westinghouse Electric Company is shaping the future of carbon-free energy by providing safe, innovative nuclear technologies to utilities globally. Westinghouse supplied the world’s first commercial pressurized water reactor in 1957 and the company’s technology is the basis for nearly one-half of the world's operating nuclear plants. For over 130 years, innovation makes Westinghouse the preferred partner for technologies covering the complete nuclear energy life cycle.

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GOVERNMENT BUSINESS

Neuron Leverages the Hedera Network for Drone Radar System in UK Government Sponsored Trial

Neuron | January 06, 2022

Neuron, a leader in aviation technology and air traffic critical national infrastructure, has leveraged the Hedera network, the most used, sustainable, enterprise-grade public ledger for the decentralized economy, in a UK government-sponsored trial to demonstrate the capability to safely track the movements of military, enterprise, and government drones once out of visual line of sight. The trials, which took place at Port Montrose in Scotland on 29 April 2021, and at Cranfield University during October 2021, used sensors to track the drones, recording flight data via the Hedera Consensus Service. Over time, Neuron's vision is to provide a decentralised platform for a range of mobility solutions including drones, air taxis, autonomous vehicles and ground robots. Neuron will do this by connecting sensors, vehicles and management systems to provide a trusted network which can be used for data sharing, record keeping and potentially even decision making. Niall Greenwood, CCO of Neuron, said, "Until now, drones have had limited benefit for governments and private enterprises, because they could not be flown safely out of line of sight and therefore could not be used for long distance deliveries, transport, or inspections. With this trial, leveraging Hedera Consensus Service, we have made unmanned, long distance drone travel possible using safety-critical aviation infrastructure. Each flight creates millions of data points, which no other public ledger has been fast enough to log and correctly order. By leveraging the Hedera Consensus Service we can gather, store, and order this data immediately, giving us a real time 'radar system' for drones." Neuron sensors pick up data points on each drone's location and direction. From there, the Hedera Consensus Service provides a unique method of logging and timestamping the data from each drone flight onto Hedera's decentralized public ledger. The Hedera network operates at a higher speed and performance, with a lower cost per transaction than any other public distributed ledger technology (DLT), offering a scalable basis for drone flights to be adopted across industries. The Hedera network offers all applications the highest grade of security possible (ABFT), ensuring data protection for users. The trial was sponsored by the UK government's department for Business, Energy and Industrial Strategy (BEIS), and took place as part of a series of experiments by BEIS to explore the use of drones. The trial by Neuron successfully demonstrated safely tracking drone flights once out of sight, allowing the drones to fly longer distances safely and securely. Drones for the MediDrone trial are supplied by DJI, the World's largest drone manufacturer. Neuron aims to deploy its solution for all drone use cases, transforming industries and supply chains in the UK and internationally. Applications for drone flights leveraging the Hedera-powered radar system in healthcare include remote medical testing, transportation of medical supplies to difficult locations, movement of equipment from hospital to hospital, Covid-19 test kits and beyond, as demonstrated across the UK on-demand. The Hedera Consensus Service has already been adopted in healthcare solutions in the UK through its usage by Everyware and the NHS to track the cold storage of COVID-19 vaccines, in the Middle East through MVC's use for their track and trace system for pharmaceuticals in Bahrain, and in the US through its collaboration with SAFE and Acoer to provide COVID-19 track and trace systems for Arizona State University, E&I Cooperative, and major enterprises. "Through this trial, Neuron has exhibited an extraordinary feat, allowing unmanned drones to safely exist in the sky. The Hedera Consensus Service enables the use of drones to transport essential equipment across long distances, which has enormous implications in the fields of healthcare and national security in particular. We are excited to continue Hedera's work in these sectors, particularly following our notable partnerships with Everyware and Hala Systems, and to see diverse industries realise the benefits of the Hedera Consensus Service." Mance Harmon, CEO and Co-Founder of Hedera Hashgraph About Neuron Neuron provides services to enable pilotless flights globally, from drone deliveries and search and rescue, to air taxis and cargo deliveries. With a simple intuitive connection to its API alongside consultancy services, operators and UTM service providers are able to get access to airspace which was previously thought to be inaccessible. With partners on 3 continents and some of the world's leading experts in ATM, sense and avoid, drone regulation and computer science, the team is focused on transforming the way people live their lives. About Hedera The Hedera network is the most used, sustainable, enterprise-grade public ledger for the decentralized economy. The platform is governed by a council of the world's leading organizations, including Avery Dennison, Boeing, Chainlink Labs, Dentons, Deutsche Telekom, DLA Piper, EDF (Électricité de France), eftpos, FIS (WorldPay), Google, IBM, the Indian Institute of Technology (IIT), LG Electronics, Magalu, Nomura Holdings, ServiceNow, Shinhan Bank, Standard Bank Group, Swirlds, Tata Communications, University College London (UCL), Wipro, and Zain Group.

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