Government Business
Globenewswire | July 10, 2023
Worksport Ltd. is excited to announce their strategic business relationship with McAllister & Quinn. McAllister & Quinn is a federal government relations and grants consulting firm that serves as Worksport’s “boots on the ground” in Washington, DC.
McAllister & Quinn offers services to identify, strategically plan for, and pursue federal funding opportunities and advocate for federal policy issues aligned with Worksport’s strategic priorities and goals.
The government is continuing to make historic investments in advanced technology through programs such as the Bipartisan Infrastructure Law (BIL), the Inflation Reduction Act (IRA), and Creating Helpful Incentives to Produce Semiconductors (CHIPS) and Science Act. These programs and others like them have several focus areas, including:
Securing domestic manufacturing of critical technologies for decades to come,
Reducing the environmental impact of conventionally hazardous manufacturing processes, and
Bolstering the clean energy industry to ensure a sustainable future.
McAllister & Quinn’s strategic intelligence professionals provide targeted, timely, and actionable assessments of these federal funding trends and developments, including analyses of the annual budget and appropriations process; key R&D policy and legislative updates; landscape analyses for key priority areas; sponsor and program analyses; and daily monitoring of forecasted and new funding opportunities, requests for information, federal advisory committee meetings, and notices of funding opportunities.
"Partnering with McAllister & Quinn marks an exciting milestone for Worksport, equipping us to strategically navigate and capitalize on historic federal investment opportunities," said Steven Rossi, CEO of Worksport. "This alliance fortifies our commitment to sustainable innovation and positions us to generate lasting, positive impacts on the communities we serve."
McAllister & Quinn tailors their analyses and reporting to issues of interest to Worksport and assists in evaluating and aligning Worksport initiatives with federal funding opportunities. The federal government’s investments also allows its funding recipients to have an opportunity to generate a lasting impact on the communities in which they reside. The Advanced Technology Practice at McAllister & Quinn is committed to having a positive impact in both Worksport’s business and the community they serve.
About Worksport Ltd.
Worksport Ltd. through its subsidiaries, designs, develops, manufactures, and owns the IP on a variety of tonneau covers, solar integrations, and NP (Non-Parasitic), Hydrogen-based true green energy solutions for the sustainable, clean energy, and automotive industries. Worksport Ltd. seeks to capitalize on the growing shift of consumer mindsets towards clean energy integrations with its proprietary solar solutions, mobile energy storage systems (ESS), and NP (Non-Parasitic), Hydrogen-based technology. For more information, please visit investors.worksport.com
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Emerging Technology
PR Newswire | July 18, 2023
DroneShield is pleased to announce it has received a record $33 million order from a U.S. Government agency. The award consists of DroneShield C-UAS / counterdrone equipment and multi-year services.
DroneShield's U.S. CEO, Matt McCrann, commented: "We're honored to receive this award and support this customer. This award is a result of their trust in DroneShield and our solutions, and reflects our commitment to their mission."
"We're proud of our team's efforts, the increasing value we've delivered to our customers worldwide, and are excited about continuing to support and grow the business as we look towards 2024 and beyond."
The company expects to receive full payment of the order prior to the end of 2023 and anticipates this year to be another record year, by a wide margin, following the previous record year in 2022.
This latest order follows a $9.9 million order announced earlier this month, from another customer among the Five Eyes community.
DroneShield current order backlog (committed orders in the process of fulfilment) stands at a record $62 million, with a current pipeline of over $200 million across more than 80 opportunities.
About DroneShield Limited
DroneShield provides Artificial Intelligence based platforms for protection against advanced threats such as drones and autonomous systems. We offer customers bespoke counterdrone (or counter-UAS) and electronic warfare solutions and off-the-shelf products designed to suit a variety of terrestrial, maritime or airborne platforms. Our customers include military, intelligence community, Government, law enforcement, critical infrastructure, and airports globally.
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Emerging Technology, Government Business
Newswire | June 29, 2023
Revenue Solutions, Inc. (RSI), a leading provider of advanced SaaS solutions for government revenue management and control, is revolutionizing tax compliance through its cutting-edge AI technology. By leveraging the power of analytics and machine learning, RSI's flagship product, revX, empowers governments to streamline workflows, make data-driven decisions with unprecedented efficiency, and enhance revenue management.
"Governments around the world are facing increasing demands for efficiency, transparency, and compliance," says John Skinner, CEO of RSI. "At RSI, we are proud to be at the forefront of driving innovation that addresses these critical needs. revX Analytics is not just a technology solution; it represents a bold vision for transforming government operations through AI. We are empowering governments to unlock their full potential, enabling them to make more informed decisions, increase revenue, identify fraud, and optimize resources. We are committed to reinventing the way governments operate, and revX Analytics is the cornerstone of that revolution."
The core principle embedded in revX Analytics is the goal of making data-driven decisions. By offering an extensive range of business rules and functions, RSI enables governments to optimize resources, saving time and money. revX Analytics automates decisions where possible, while also identifying instances where staff input and involvement is crucial. Key areas of focus for revX Analytics to support government decision-making include Discovery, Compliance, Fraud Detection, Collections Prioritization and Optimization, and Audit Selection.
John Kitonis, CTO of RSI, highlights the company's continuous pursuit of innovation and technology advancement. "At RSI, we are constantly pushing the boundaries of what is possible with AI technology," says Kitonis. "We believe in being at the forefront of innovation, consistently exploring new approaches and technologies to improve our solutions. With revX Analytics, we have pushed a platform that not only harnesses the power of machine learning and data aggregation but also adapts to evolving compliance challenges. Our commitment to staying ahead of the curve ensures that our customers benefit from state-of-the-art technology that delivers accurate results, reduces workload, and enhances fraud detection. We are dedicated to empowering governments with the best tools available in the market."
revX Analytics modernizes fraud detection by implementing machine learning methods and model predictions. The solution effectively scores risk and applies rules and conditions to identify potentially fraudulent activity during returns processing. This approach helps reduce the workload of refund reviews, improves fraud identification accuracy, and ensures a higher level of scrutiny for fraudulent claims.
By leveraging AI technology, governments can significantly enhance their compliance review processes and identity verification protocols, resulting in a more secure and efficient revenue management system. With its advanced collections prioritization feature, revX Analytics assists governments in optimizing their delinquent account collections. By analyzing data from various sources, such as previous payment history, account aging, and risk-scoring algorithms, the platform enables governments to identify and prioritize accounts that require immediate attention.
This intelligent system ensures that collection efforts are focused on high-risk accounts, maximizing the chances of successful recovery while minimizing the resources spent on low-priority cases. By analyzing a wide range of data points, including historical patterns, anomalies, and compliance indicators, revX Analytics provides optimal courses of action for audit selection.
In a real-life scenario, a large State Department of Labor (DOL) benefited from RSI's analytics. Prior to RSI, the DOL identified fraud through manual processes, which became increasingly challenging due to the surge in claims during the pandemic. With the onset of the crisis, the volume of incoming claims skyrocketed from around 3,000 per week to approximately 90,000 per week, putting significant strain on the department's resources. At the same time, cases of potentially fraudulent identity increased from about nine per week to a staggering 4,500 per week. Manual case investigation was no longer feasible for the department's staff, who had to handle a 50,000% increase in workload.
With RSI as their trusted analytics partner, the DOL and RSI developed a phased approach to address the overwhelming increase in claims volume. Through automation, data aggregation, and advanced analytics, RSI enabled the DOL to process and identify fraudulent claims more efficiently improving fraud identification accuracy from 50% to nearly 92%. This prevented over 130,000 imposter claims and saved billions of dollars while ensuring valid claims were promptly processed and staff had more time to investigate problematic cases.
RSI's commitment to innovation is exemplified through its powerful analytics tools and capabilities. revX's AI-powered technology is revolutionizing fraud detection, optimizing workflows, and enabling data-driven decisions. The revX Platform empowers governments to effectively identify the level of risk and supply optimal courses of action, ensuring informed and strategic decision-making. As a result, governments can enhance revenue management, ensure compliance, and unlock new levels of efficiency and effectiveness.
About Revenue Solutions
Founded in 1996, Revenue Solutions, Inc.™ is the trusted, collaborative partner leading governments to innovation with the only cloud-native packaged software solution, revX™. Offered as Software as a Service (SaaS), revX™ is the preferred platform for government revenue processing. We empower public agencies and offices with solutions that improve citizen services, increase operational efficiency, collect additional revenue, and maximize compliance. For over 25 years, RSI™ has delivered transformative technology solutions across hundreds of client projects throughout the United States and Canada.
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Emerging Technology, Cybersecurity
Businesswire | July 20, 2023
OwnBackup, the leading SaaS data protection platform, today announced it has achieved FedRAMP® authorization for its OwnBackup Government Cloud solution. With this authorization, OwnBackup is now listed on the FedRAMP® Marketplace, and is eligible to provide data protection services to all U.S. Federal Government customers.
Established in 2011, FedRAMP® is a government-wide program that promotes the adoption of secure Cloud services across the Federal Government, forming a public-private partnership to promote innovation and the advancement of more secure information technologies. By achieving FedRAMP® authorization, OwnBackup has demonstrated that it meets the rigorous security and compliance requirements of the program to host sensitive information in the Cloud.
“FedRAMP® authorization is a significant milestone for OwnBackup, and reaffirms our position as the market leader in SaaS data protection,” said Sam Gutmann, Chief Executive Officer at OwnBackup. “This designation allows us to bring our best-in-class solutions to Federal Government agencies, partnering with these vital organizations to accelerate their digital transformation goals, while ensuring that critical Federal Data and Metadata remains secure.”
OwnBackup’s FedRAMP® announcement comes at a time when the U.S. Government is making cybersecurity a clear priority. Earlier this year, the Biden-Harris Administration announced a new National Cybersecurity Strategy focused on strengthening the Nation's digital infrastructure, emphasizing the importance of Cloud security and resilience, and protecting citizens and businesses from cyber threats. While no individual or company is immune to cyber threats, these attacks disproportionately target the public sector.
The public sector manages a wide array of sensitive information, making it a popular target for cyber criminals. According to Verizon’s 2022 Data Breach Investigations Report (DBIR), the public sector had the second most attacks of any industry. With OwnBackup, U.S. Government Agencies can be better prepared to avoid disruption to critical services, ensure a continuity of operations, and uphold trust and confidence with the citizens that they serve.
OwnBackup’s Data Protection Platform, which is used by over 6,000 customers across critical SaaS ecosystems, was designed with security in mind from its inception. OwnBackup’s solutions are architected with a variety of security controls across multiple tiers to address a range of security risks.
About OwnBackup
OwnBackup is a leading SaaS data protection platform for some of the largest SaaS ecosystems in the world, including Salesforce, Microsoft Dynamics 365, and ServiceNow. Through capabilities like data security, backup and recovery, archiving, and sandbox seeding, OwnBackup empowers thousands of organizations worldwide to manage and protect the mission-critical data that drives their business.
Co-founded by seasoned data recovery, data protection, and information security experts, OwnBackup is a trusted independent software vendor (ISV) partner on the Salesforce AppExchange, AWS Marketplace, and Microsoft Marketplace. The Company is headquartered in Englewood Cliffs, New Jersey, with research and development (R&D), support, and other functions in Israel, EMEA and APAC. OwnBackup has raised over $500 million in venture funding, is ranked on the Forbes Cloud 100 as one of the world's top private cloud companies, and is the partner of choice for some of the world’s largest users of SaaS applications.
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