ECC Receives $1 Million USDA Loan for Project - To Offset Costs of New Business, Industry Center

USDA | August 05, 2016

East Central College recently was awarded a $1 million zero-interest loan through the United States Department of Agriculture’s (USDA) Rural Economic Development Loan and Grant (REDLG) program. The funds will be used to offset costs associated with renovations to a property the college purchased in 2015 that is being renovated as a Business and Industry Center.

Spotlight

Drivers pay most of the taxes and fees that fund expansion and maintenance of our streets, highways and general transportation infrastructure. The national road network was constructed largely on the philosophy that users would pay. The gas tax is the single most important source of transportation funding for the federal government. Together, taxes on gasoline and diesel fuel raise over $30 billion per year, or 85% of the revenue flowing into the nation’s transportation spending account.


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EMERGING TECHNOLOGY,GOVERNMENT BUSINESS

Kraken Qualified to Sell Directly to Government of Canada under Pathway to Commercialization Program

KRAKEN ROBOTICS | September 13, 2022

Kraken Robotics Inc. (TSX-V: PNG, OTCQB: KRKNF), Canada’s Ocean Company, is pleased to announce that after successful completion of an Innovative Solutions Canada (ISC) Testing Stream contract with the Royal Canadian Navy earlier this year, Kraken has been among the first Canadian companies qualified to sell its innovation directly to the Government of Canada without further competition. This qualification for Kraken’s OceanVision™ solution is under Canada’s new Pathway to Commercialization framework1 initiated by ISC. While this approval does not have a value in of itself, direct purchases can be up to $8 million per contract and are available to all government departments. “Over the past year, Kraken has had significant interest in its technologies and services from various Canadian Government departments and agencies. We are excited to be able to offer the OceanVision service via ISC’s new PTC program to be an avenue for these departments and agencies to avail of our needed and innovative solutions. Potential applications of the OceanVision service could include habitat mapping and monitoring of Marine Protected Areas (MPAs), high resolution seabed mapping for augmenting Route Survey applications in Port and Harbour Security, or even shipwreck search and survey for marine archaeological requirements. We see significant potential for this service here in Canada.” -Karl Kenny, Kraken President and CEO. About Kraken’s OceanVision Service: Kraken’s OceanVision service provides off the shelf, turnkey ultra-high resolution Synthetic Aperture Sonar (SAS) seabed imagery and bathymetry at an affordable price, delivering higher resolution, range, and area coverage rates (ACR). The increased range, resolution and associated higher ACR of SAS over traditional Side Scan Sonar and Multibeam Sonar systems significantly expands the capabilities of military, scientific, and commercial applications. Kraken’s OceanVision is capable of 2 cm x 2 cm Ultra High-Definition imaging at long ranges. Kraken’s OceanVision Service can provide significant benefits to government agencies, offering access to cutting edge technology “as needed”, without concern for equipment obsolescence, life cycle costs, or operator skill fade. As it relates specifically to the Government of Canada, Kraken’s OceanVision offers many advantages: Kraken’s technology greatly enhances image quality and significantly reduces the time of traditional seabed surveys due to its advanced world-leading technology. OceanVision assets can be deployed to assist in mapping areas of interest ahead of regular operations, with the image quality required to enable change detection and optimize revisit rates. This has the potential to provide the Government of Canada a competitive edge for detecting bottom objects in complex seabeds. The OceanVision service application can augment existing survey activities while simultaneously supporting nearshore hydrographic mapping and charting requirements on an annual basis with high-definition resolution, freeing up valuable Government assets for other mission critical functions. OceanVision provides online and offline data analysis capabilities, enabling users to leverage Kraken’s extensive experience in image processing, target detection, and bottom classification. ABOUT KRAKEN ROBOTICS INC: Kraken Robotics Inc. (TSX.V:PNG) (OTCQB: KRKNF) is a marine technology company dedicated to the production and sale of software-centric sensors, subsea batteries, and underwater robotic systems. The company is headquartered in Newfoundland with offices in Canada, U.S., Germany, Denmark, and Brazil. In July 2021, Kraken acquired PanGeo Subsea, a leading services company specializing in high-resolution 3D acoustic imaging solutions for the sub-seabed. PanGeo with offices in Canada, the United States and the United Kingdom is now a wholly owned subsidiary of Kraken. Kraken is ranked as a Top 100 marine technology company by Marine Technology Reporter.

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EMERGING TECHNOLOGY,CYBERSECURITY

German Firms Tighten Cybersecurity Against New Threats

ISG | September 12, 2022

Overlapping crises and technology trends have heightened cybersecurity concerns in Germany, leading enterprises to increase their investments in security products and services, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany finds that cyber threats caused by the war in Ukraine, along with disruptions from the COVID-19 pandemic and increasing digitization of enterprises, have expanded attack surfaces and resulted in more cybersecurity breaches in Germany. As companies bring more data, communications and processes into the digital realm, cybersecurity is becoming a higher priority. “Holistic enterprise security is more than just a current trend, it’s vital to the successful operation of a business, German senior executives understand that cyberattacks can seriously threaten a company’s reputation and finances, so they are paying even greater attention to secure collaboration with third parties, secure core business processes and secure connected and digital products.” -Roger Albrecht, co-lead, ISG Cybersecurity. German companies and government agencies are defending themselves against increasingly sophisticated cyberattacks amid a shortage of IT professionals, especially in cybersecurity, the report says. As risks increase in Germany for both large and midsize enterprises, there is a growing need for guidance. Many organizations are engaging with strategic, technical and managed security service providers for help implementing and constantly honing their defenses. Also, because many attackers breach organizations through social engineering methods such as phishing, companies also turn to providers for consulting and employee training to prevent human errors. Because of strict data protection regulations, most German enterprises rely on providers with security operations centers in Germany. Remote and hybrid work, which emerged suddenly during the pandemic and is expected to become permanent, has made IT systems more vulnerable to attack as employees connect to enterprises from different locations and through their own devices. To manage this risk, German enterprises are investing in advanced identity and access management (IAM) capabilities, especially cloud-managed systems that can function across multiple cloud installations. “German companies need to manage more users, devices and digital services than ever, In many cases, service providers are taking on these roles.” -Jan Erik Aase, partner and global leader, ISG Provider Lens Research. The report explores a wide range of cybersecurity trends in Germany, including increasing use of zero-trust approaches, the growth of the midsize market and the evolution of endpoint protection from traditional antivirus solutions to AI-based behavioral analysis. The 2022 ISG Provider Lens™ Cybersecurity — Solutions and Services report for Germany evaluates the capabilities of 97 providers across six quadrants: Identity and Access Management (IAM), Data Leakage/Loss Prevention (DLP) and Data Security, Advanced Endpoint Threat Detection and Response (Advanced ETPDR), Technical Security Services (TSS), Strategic Security Services (SSS) and Managed Security Services. The report names IBM as a Leader in five quadrants and Atos as a Leader in four quadrants. It names Accenture, Axians, Capgemini, Deutsche Telekom and Microsoft as Leaders in three quadrants each. Bechtle, Broadcom, CANCOM, Computacenter, Controlware and Trend Micro are named as Leaders in two quadrants each. CrowdStrike, Deloitte, DriveLock, DXC Technology, Forcepoint, GBS, HCL, HelpSystems, Infosys, KPMG, Matrix42, Okta, Orange Cyberdefense, Ping Identity, PwC, RSA, SentinelOne, Sophos, TCS, Trellix, VMware Carbon Black and Wipro are named as Leaders in one quadrant each. About ISG Provider Lens™ Research: The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. About ISG: ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 800 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data.

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EMERGING TECHNOLOGY

CGI Federal readies customers for G-Invoicing federal mandate with new versions of its Momentum® ERP solution

CGI Federal | September 01, 2022

As federal agencies modernize their systems to process intragovernmental Buy/Sell transactions, CGI Federal has upgraded nearly 20 federal government clients in the past year to the latest versions of its ERP solution Momentum®, providing customers the functionality needed to comply with the latest federal mandates. This upgrade allows federal agencies to fully interact with the new U.S. Treasury Government-Invoicing (G-Invoicing) platform with full serviceability for their mission-critical operations, including creating and storing interagency agreements, creating orders, tracking performance and transferring funds. CGI Federal has worked closely with the U.S. Treasury Department since 2019 in the creation of the latest requirements and included this G-Invoicing functionality, along with operational updates to its Momentum customers across all supported releases. Momentum customers benefit from full automation of all G-Invoicing processes, including general terms and conditions integration, pull only and push/pull order integration models and full support of the related billing, collecting, payment, adjustment and accrual processes. The latest release also enhances the supporting Momentum functionality for reimbursable agreement management, including G-Invoicing components. "Implementing mandatory G-Invoicing processes creates a daunting challenge for many federal agencies, As we move forward in supporting our clients with G-Invoicing implementations to keep up with the October 1 federally-mandated deadline, we continue to enhance Momentum's functionality to best support evolving business processes. CGI Federal's Momentum product team proactively monitors Treasury post-mandate enhancements so that our built-for-government ERP solution continues to keep pace with future Treasury changes." -John B. Owens II, Senior Vice-President and Enterprise Solutions Group lead at CGI Federal. About CGI Federal: CGI Federal Inc., a wholly-owned U.S. operating subsidiary of CGI Inc., is dedicated to partnering with federal agencies to provide solutions for defense, civilian, healthcare and intelligence missions. Founded in 1976, CGI is among the largest IT and business consulting services firms in the world. With 88,500 consultants and other professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. With Fiscal 2021 reported revenue of C$12.13 billion, CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB).

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EMERGING TECHNOLOGY

Growing Adoption of StateRAMP Across All State, Local Government & Education Sectors StateRAMP Momentum Continues

StateRAMP | September 21, 2022

StateRAMP announces its growing list of governments working with StateRAMP to validate their third-party suppliers' cyber security posture who use or offer cloud products to deliver services. The growing list of participating governments comes on the heels of the National Association of State Procurement Officials (NASPO) recent announcement naming StateRAMP a Strategic Partner. Working together, StateRAMP and NASPO will work to develop educational content and resources for state government. "With responsibilities for critical infrastructure, vital services, and mass storage of confidential and privacy data, government, at all levels, is a prime target for cybercrime, We are thrilled to see all levels of State and Local Government engaging in StateRAMP to improve our collective cyber posture for the citizens we serve." -J.R. Sloan, President of the StateRAMP Board and Chief Information Officer for the State of Arizona. Procuring technology tools and services is complicated work, and many organizations have sought to make that process easier for the public sector. By focusing on cybersecurity risk management, StateRAMP addresses a key pain point for state and local public agencies—and the vendors and suppliers that serve them. With a grounding in the reality of state and local government operations—and by building on widely adopted best practices—StateRAMP is exactly the sort of smart innovation that the public sector needs and deserves, said Doug Levin, National Director, K12 Security Information eXchange (K12 SIX). "We are excited to work with our strategic partners and members to continue toward our mission of promoting best practices in government for managing supplier cloud security, When there is a common problem, there is an opportunity for a shared solution. In cloud security, the shared solution is StateRAMP for all levels of government and the vendors who serve them." -Leah McGrath, Executive Director, StateRAMP. About StateRAMP: StateRAMP is a nonprofit organization that launched in early 2021 and brings state and local governments together with the suppliers who serve them to recognize best practices in cloud security and provides a standardized approach to cloud cybersecurity verification. StateRAMP provides state and local governments assurance that the suppliers they are working with meet the minimum cybersecurity standards through independent audits and ongoing continuous monitoring. StateRAMP is designed as a shared service for government and a streamlined service for suppliers who can verify their products one time and reuse that certification with each government agency they serve. StateRAMP maintains an Authorized Product List (APL) which lists products that have achieved a security status and those products going through the process. About K12 Security Information eXchange (K12 SIX): The K12 Security Information eXchange (K12 SIX) offers cybersecurity resilience to keep students learning and school districts operating.

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Spotlight

Drivers pay most of the taxes and fees that fund expansion and maintenance of our streets, highways and general transportation infrastructure. The national road network was constructed largely on the philosophy that users would pay. The gas tax is the single most important source of transportation funding for the federal government. Together, taxes on gasoline and diesel fuel raise over $30 billion per year, or 85% of the revenue flowing into the nation’s transportation spending account.

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