Emerging Technology
PR Newswire | July 21, 2023
FM:Systems, provider of the most scalable and intuitive all-in-one workplace management platform, announced today its FMS:Workplace solution has achieved the Federal Risk and Authorization Management Program's (FedRAMP) "In Process" designation.
FedRAMP is a government-wide program that promotes the adoption of secure cloud services across the federal government by providing a standardized approach to security and risk assessment for cloud technologies, like FM:Systems solutions. Through its sponsorship with the U.S. Department of Education, FM:Systems is working to reach full FedRAMP authorization for FMS:Workplace within one year.
"With the rise of remote and hybrid work, many organizations are looking for smart ways to optimize their real estate, reduce expenses, and deliver productive workplace experiences," said Kurt von Koch, CEO of FM:Systems. "Achieving the FedRAMP In Process designation for our FMS:Workplace solution allows federal clients to access our trusted workplace management suite of software solutions in a secure cloud environment so they can gain the data-backed insights needed to make strategic decisions about their real estate and workplace needs."
As a flexible, easy-to-use Integrated Workplace Management Solution, federal agencies can use FMS:Workplace to seamlessly manage, analyze, and report on facilities and real estate operations and maintenance (O&M) information all in a single system. The FMS:Workplace solution includes:
Space Management
Sustainability Management
Move Management
Maintenance Management
Strategic Scenario Planning
Real Estate Management
Asset Management
Project Management
"The increase of data breaches and phishing campaigns taking place across the U.S. and globally means it's critical for government agencies to take every step they can to safeguard sensitive information and data privacy," said the Chief Information Officer (CIO), of the U.S. Department of Education. "FM:Systems provides workplace management solutions that meet FedRAMP authorization requirements and federal cloud security standards."
FM:Systems workplace management solutions are used by over 150 government institutions, including 10 of the 15 federal government departments.
About FM:Systems
FM:Systems all-in-one workplace management platform helps more than 1,200 of the world's largest organizations access, manage, and measure every aspect of their real estate portfolio. With the most complete range of intuitive and scalable space management, hybrid work, workplace analytics and smart sensor solutions, our customers gain the data-backed clarity and vision necessary to make strategic real estate decisions and deliver high-performance workplaces today and long into the future. For more information about FM:Systems, please visit www.fmsystems.com.
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Emerging Technology
PR Newswire | July 31, 2023
NewSpring Holdings leverages proven organic growth strategies and a disciplined M&A process to accelerate growth in sector-specific markets, including logistics, fin-tech, government services, IT services, and sports. The team has completed over 40 acquisitions and successfully built a government services platform, Avantus Federal,which recently sold for$590M.NewSpring("the Firm"), a family of private equity strategies, announced today that NewSpring Holdings, the Firm's majority investment strategy focused on sector-specific platform builds, has acquiredBridge Core, a leading provider of visual intelligence, cybersecurity, and other technical solutions to the U.S. government intelligence community. Bridge Core will use the proceeds of this transaction to execute a disciplined M&A and aggressive organic growth strategy to create a full-spectrum, technology-enabled intelligence company.
Alongside this transaction, Chad Kim has been named CEO of Bridge Core. Chad has spent over two decades supporting the intelligence community and interagency task force apparatus in diverse worldwide roles spanning from operations to analysis. This has provided Chad with a unique breadth of experience, mission intimacy, and relevant capability expertise. He also has an extensive track record in scaling organizations capable of building industry-disrupting technology for defense, intelligence, and commercial clients, most recently with former NewSpring portfolio company Avantus Federal. Bridge Core founders Tyler Laverick and Andy Rackovan will stay on with the company in key leadership roles.
"In the creation of a full-spectrum intelligence company, we're proud to begin our journey with Bridge Core, a company whose values and culture are closely aligned with my own and the team at NewSpring," said Kim. "Bridge Core treats its team members like family, fosters a strong work ethic, and consistently delivers mission impact in a nurturing environment that attracts and retains the best talent in the industry. Tyler and Andy have built an amazing company filled with savvy technologists and intelligence professionals, and we're thrilled to continue growing this business alongside them."
Bridge Core leverages a unique tech-to-mission concept, agility, and speed in delivering services that drive true value for its intelligence agency clients. Established expertise in visual intelligence, technology transfer, cybersecurity, and technical operations positions Bridge Core well to add on additional services and expand into a full-service agency serving a broad range of needs facing the intelligence community.
"An era of rapidly proliferating and converging data presents unique, evolving challenges for the intelligence community. More than ever, we see the crucial role of a holistic solutions partner capable of elevating the transformation of data into precise and impactful insights for the numerous mission sets of the U.S. government.," said NewSpring General Partner Lee Garber. "Our partnership with Bridge Core, a true market leader, aligns with our core vision to innovate within the national security space, where there is significant growth potential. Combined with Chad's leadership and extensive experience delivering mission outcomes with technology in the intelligence community, we're excited for the future of this business."
"In 2015, Andy and I set out to build a company focused on empowering and fostering a transparent culture, giving everyone a seat at the table to define our success," said Bridge Core Cofounder Tyler Laverick. "Eight years later, we realized it was time to join forces with a team that embodied what we built at Bridge Core and have found the perfect partner in NewSpring to help scale this business and further raise our impact on critical intelligence missions. We're excited about this new era for Bridge Core and look forward to taking this business to the next level."
About NewSpring
NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. The Firm manages over $3.0 billion across five distinct strategies covering the spectrum from growth equity and control buyouts to mezzanine debt. Having invested in over 200 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. To learn more, visit www.newspringcapital.com.
About Bridge Core
Bridge Core is a federal services company built on a culture of trust and teamwork to advance the mission through innovation and passionate people. The Bridge Core team of experts enable Mission Partners by integrating innovative technologies and implementing processes that modernize the digital workplace. The Company's trusted, skilled, and diverse team members make a lasting impact by building tailored, client-focused solutions within secured spaces. The Bridge Core team facilitates the rapid adoption of technologies and commercial off-the-shelf (COTS) solutions through a unique understanding of mission requirements and the vendor's product(s).
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Emerging Technology
Globenewswire | July 14, 2023
Astera Software, a leading provider of no-code data integration and management solutions, and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider® announced a partnership today. Under the agreement, Carahsoft will serve as Astera’s Master Government Aggregator®, making the company’s wide range of data management solutions available to the Public Sector through Carahsoft’s reseller partners, NASA Solutions for Enterprise-Wide Procurement (SEWP) V, Information Technology Enterprise Solutions – Software 2 (ITES-SW2), National Cooperative Purchasing Alliance (NCPA) and OMNIA Partners contracts.
"We are thrilled to partner with Carahsoft and its reseller partners to streamline access for agencies to procure our no-code data management stack and expand our presence in the Public Sector,” said Todd Humphrey, Head of Sales at Astera. “We look forward to helping Public Sector agencies leverage our suite of unified, code-free, easy-to-learn data management solutions to bridge the data-to-insight gap.”
With Astera’s user-friendly, high-performing suite of products - Centerprise Data Integrator, ReportMiner, Data Warehouse Builder, API Management, and EDIConnect, Government agencies can unlock valuable insights from their data stores to optimize operational efficiency, increase productivity, improve resource allocation, and drive success. Astera’s robust range of scalable solutions is designed to help organizations build and automate dynamic data pipelines from source to destination. From data extraction, preparation, transformation and validation to integration and warehousing, Astera can automate the entire data journey for its users.
“With the addition of Astera to our solutions portfolio, our customers will be able to manage their data more efficiently, reduce the time and cost associated with data management, and improve overall efficiency,” said Andres Azcuna, Sales Director who leads the Astera Team at Carahsoft. “We look forward to working with Astera and our reseller partners to help agencies make data-driven decisions and rapidly solve critical business challenges.”
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 Big Data, Artificial Intelligence, Cybersecurity, MultiCloud, DevSecOps, 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.
About Astera
Astera is a data management solutions provider based in Westlake Village, California that offers solutions to radically simplify the process of building and executing data pipelines, data warehouses and manage enterprise-wide data management needs.
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