GovCon Firms Invest, Form Partnerships and Alliances to Develop New Tech
Government contracting firms are constantly partnering with academia and other organizations to develop state-of-the-art technologies for government and private industry.
These same firms also invest in smaller companies to aid them in developing key pieces of tech that larger companies can use to build new offerings.
Accenture and the Massachusetts Institute of Technology have formed a partnership to enhance analytics technologies.
The effort is meant to develop a solution that can extract insights from big data and support decision-making processes.
Besides industry and academia partnerships, a number of companies are teaming-up such as Cisco and Arbor Networks.
The purpose of the two companies joining together is to to deploy a unified threat management offering for helping defend against distributed denial-of-service attacks.
Another example of an industry-leader and a smaller company coming together is Inmarsat and Kymeta developing a satellite antenna so that business jets will have access to high-speed broadband connectivity.
Thales and security technology provider Entrust also joined forces to deliver encryption and management products aimed at helping customers secure their enterprises and protect cloud-based information.
As an example of one company investing in another, Software AG has invested in mobile solutions provider metaquark as part of a strategy to expand digital enterprise offerings.
To keep up-to-date on partnerships, alliances and investments happening in GovCon technology, make sure to check The New New Internet.