Risk avoidance is the elimination of hazards, activities and exposures that can negatively affect an organization’s assets. Whereas risk management aims to control the damages and financial consequences of threatening events, risk avoidance seeks to avoid compromising events entirely.
When determining your risk mitigation strategies, don’t confuse the strategies of risk avoidance or risk acceptance with risk ignorance. Risk ignorance is a situation where the knowledge about the risk (and any underlying phenomena and processes) is poor. Just because there are no remediation strategies currently in place does not mean that a conscious decision has been made to accept the risk.
We perform assessments regarding risk and risk impact on a daily basis. We then use those assessments to determine our choice of action. A good example is wearing a seat belt. We might observe that experienced drivers are more likely to understand the risks inherent in car travel, and thus choose to wear seat belts, whereas the less experienced driver (think teenagers) may have to be reminded constantly of those risks– at least in my house. These are contrasting examples of risk avoidance (seat belt use) and risk ignorance (no seat belt use). Neither should be confused with risk acceptance (car travel is dangerous, but I don’t want to wrinkle my clothes, so I’m not going to wear my seat belt).
Today, many organizations are taking a look at cloud from a new lens. Specifically, organizations are looking to cloud to enable a service-driven architecture capable of keeping up with enterprise demands. With that in mind, we’re seeing businesses leverage more cloud services to help them stay agile and very competitive. However, the challenge revolves around uptime and resiliency. This is compounded by often complex enterprise environments.
When working with cloud and data center providers, it’s critical to see just how costly an outage could be. Consider this – only 27% of companies received a passing grade for disaster readiness, according to a 2014 survey by the Disaster Recovery Preparedness Council. At the same time, increased dependency on the data center and cloud providers means that overall outages and downtime are growing costlier over time. Ponemon Institute and Emerson Network Power have just released the results of the latest Cost of Data Center Outages study. Previously published in 2010 and 2013, the purpose of this third study is to continue to analyze the cost behavior of unplanned data center outages. According to the new study, the average cost of a data center outage has steadily increased from $505,502 in 2010 to $740,357 today (or a 38 percent net change).
Throughout their research of 63 data center environments, the study found that:
Capital One continues to take a cloud-first approach by migrating core business and customer applications to AWS over the next five years
SEATTLE – Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced that Capital One Financial Corp. (NYSE: COF) has selected AWS as its predominant cloud infrastructure provider. Capital One is one of the country’s leading financial institutions and recently ranked #1 on the InformationWeek Elite 100 list of the country’s most innovative users of business technology. Over the next five years, Capital One will continue to migrate many core business and customer applications to AWS as part of its commitment to delivering great digital experiences to its tens of millions of customers.
“We’re taking a cloud-first approach to development with AWS as our predominant cloud infrastructure provider.”Tweet this
“Technology is going to play a central role in the future of banking as we move toward an experience that is real-time, digital-first, and that anticipates customer needs. The AWS Cloud enables fast, efficient development and deployment of software and allows our teams to focus on what we do best – building great software and delivering innovative experiences to our customers,” said Rob Alexander, CIO, Capital One. “We’re taking a cloud-first approach to development with AWS as our predominant cloud infrastructure provider.”
“Cloud has become the new normal even for the most highly regulated, data-sensitive organizations like those in the financial services industry. Such organizations are making the cloud a core part of their central IT operations and digital transformation efforts to take advantage of the security, reliability, and broad functionality of the AWS Cloud,” said Mike Clayville, Vice President, Worldwide Sales at AWS. “As a leading financial services institution, Capital One is embracing cutting-edge technology, like the AWS Cloud, to innovate in an industry that has great potential to benefit from technology transformation.”
About Amazon Web Services
For 10 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 70 fully featured services for compute, storage, databases, analytics, mobile, Internet of Things (IoT) and enterprise applications from 38 Availability Zones (AZs) across 14 geographic regions in the U.S., Australia, Brazil, China, Germany, Ireland, Japan, Korea, Singapore, and India. AWS services are trusted by more than a million active customers around the world -- including the fastest growing startups, largest enterprises, and leading government agencies -- to power their infrastructure, make them more agile, and lower costs. To learn more about AWS, visit http://aws.amazon.com.
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about.
About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, N.A., and Capital One Bank (USA), N.A., had $226.0 billion in deposits and $345.1 billion in total assets as of September 30, 2016. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients through a variety of channels. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.
AXIS Q35 Series of fixed dome cameras showcase features such as, IK10+ vandal resistance, extended temperature range from -58 ºF to 140 ºF and Electronic Image Stabilization. The latest cameras include stainless steel models and offer extraordinary light sensitivity and enhanced Wide Dynamic Range – Forensic Capture.
CHELMSFORD, Mass. – Axis Communications, the market leader in network video, expands and updates its AXIS Q35 Network Camera Series with models based on the latest image sensor technology and enhanced processing including, Lightfinder technology, which provides exceptional light sensitivity and Wide Dynamic Range - Forensic Capture (WDR). This Series also features Axis’ Zipstream technology which can lower storage and bandwidth requirements by 50% or more. Additionally, two of the new models are marine-grade, electro-polished with a coated stainless steel casing and nylon transparent dome. With these features the cameras are able withstand the corrosive effect of ocean water and chemicals.
“This version of the AXIS Q35 Series will be able to address many surveillance challenges in the healthcare and industrial facilities segments.”Tweet this
“The upgrade and expansion of the AXIS Q35 Series showcases our commitment to delivering high quality products that are feature-rich and cost efficient,” said Fredrik Nilsson, VP, Americas, Axis Communications, Inc. “This version of the AXIS Q35 Series will be able to address many surveillance challenges in the healthcare and industrial facilities segments.”
AXIS Q3505-V/-VE/-SVE Mk II models provide HDTV 1080p video at 30 fps with WDR, and 1080p at up to 60 fps or 720p at up to 120 fps with WDR disabled. They are available with wide or telephoto lens. AXIS Q3504-V/-VE cameras provide HDTV 720p at 30 fps with WDR, and up to 120 fps with WDR disabled. All new AXIS Q35 models offer remote zoom and focus capabilities as well as P-Iris control, ensuring optimal depth of field, resolution, image contrast and clarity.
Additionally, AXIS Q35 Series is supported by the industry’s largest base of video management software through the Axis Application Development Partner (ADP) Program and AXIS Camera Station. Third-party video analytics applications can be installed on the cameras via AXIS Camera Application Platform. ONVIF support allows for easy integration into existing video surveillance systems.
The new AXIS Q3504-V and AXIS Q3504-VE cameras, the updated AXIS Q3505-V Mk II and AXIS Q3505-VE Mk II as well as the new stainless AXIS Q3505-SVE Mk II models are available through Axis’ standard distribution channels. The suggested retail price ranges from $799 to $1399 depending on the lens and model (indoor/outdoor/stainless).
For photos and other resources, please visit: http://www.axis.com/corporate/press/press_material.htm?key=q35_series
Axis offers intelligent security solutions that enable a smarter, safer world. As the market leader in network video, Axis is driving the industry by continually launching innovative network products based on an open platform - delivering high value to customers through a global partner network. Axis has long-term relationships with partners and provides them with knowledge and ground-breaking network products in existing and new markets.
Axis has more than 2,100 dedicated employees in more than 50 countries around the world, supported by a global network of over 80,000 partners. Founded in 1984, Axis is a Sweden-based company listed on NASDAQ Stockholm under the ticker AXIS. For more information about Axis, please visit our website www.axis.com.
Company to Serve as Prime Commercial Infrastructure Contractor for the Robotic Assembly and Services Program
Contract to Advance Orbital ATK’s Unique In-Orbit Space Logistics Capabilities
DULLES, Va. – Orbital ATK (NYSE: OA), a global leader in aerospace and defense technologies, today announced that it has begun a public-private partnership with NASA’s Space Technology Mission Directorate (STMD) to establish a Commercial Infrastructure for Robotic Assembly and Services (CIRAS) in space. The CIRAS program will advance key technologies for in-orbit manufacturing and assembly of large space structures that will help the agency meet its goals for robotic and human exploration of the solar system.
“We are well on our way to providing the industry’s first in-orbit satellite life extension service with our Mission Extension Vehicle (MEV)”Tweet this
“Orbital ATK, and our Space Logistics, LLC, subsidiary are pioneering the future of commercial space technology,” said Frank Culbertson, Orbital ATK Space Systems Group President. “Through this partnership and the first phase of the contract award, we will demonstrate our space logistics capabilities with new robotics technology. Our CIRAS team will create technologies that will advance the nation’s capability for building the framework needed for NASA’s journey to Mars, as well as shape the future of commercial space infrastructure.”
Orbital ATK will serve as prime contractor of CIRAS, with support provided from its wholly owned subsidiary, Space Logistics, LLC, along with NASA’s Langley Research Center, NASA’s Glenn Research Center and the U.S. Naval Research Laboratory.
Phase one of CIRAS began in September 2016 and will last a total of two years. During this period, Orbital ATK will lead the team in maturing technologies necessary for robotic assembly of large space structures, such as next-generation telescopes or solar-powered structures for transport or communications. These capabilities include methods to connect or disconnect joints on a structure and address precision measuring and alignment through a 15-meter robotic arm and a precision robot. The team will also develop the technology needed to conduct in-orbit modular assembly of structures, allowing parts to be brought to space as needed via multiple launches, which simplifies the design of spacecraft and reduces cost.
“We are well on our way to providing the industry’s first in-orbit satellite life extension service with our Mission Extension Vehicle (MEV),” said Tom Wilson, President, Space Logistics LLC. “During CIRAS, we will build upon the MEV’s existing capabilities, such as rendezvous and docking. It’s an amazing opportunity to execute our roadmap to develop the technologies and lower the risks of delivering higher value, more sophisticated space logistics to support many civil and commercial mission opportunities in the future.”
CIRAS is one of three programs awarded under the NASA STMD’s "Utilizing Public-Private Partnerships to Advance Tipping Point Technologies” solicitation. This program called upon commercial companies to mature technologies beyond their “tipping point” with the goal of enabling private industry to develop and qualify them for market, stimulating the commercial space industry while delivering technologies and capabilities needed for future NASA missions and commercial applications.
About Orbital ATK
Orbital ATK is a global leader in aerospace and defense technologies. The company designs, builds and delivers space, defense and aviation systems for customers around the world, both as a prime contractor and merchant supplier. Its main products include launch vehicles and related propulsion systems; missile products, subsystems and defense electronics; precision weapons, armament systems and ammunition; satellites and associated space components and services; and advanced aerospace structures. Headquartered in Dulles, Virginia, Orbital ATK employs approximately 12,000 people in 18 states across the U.S. and in several international locations. For more information, visit www.orbitalatk.com.
New solutions simplify migration of enterprise applications and data; deployment of data protection in the cloud
LAS VEGAS – Veritas Technologies, the leader in information management, today announced at AWS re:Invent new capabilities for InfoScale and NetBackup designed to optimize enterprise application migration and simplify data protection deployment within Amazon Web Services (AWS) environments. Veritas InfoScale delivers software-defined storage for the cloud and helps ensure application performance, scale and resiliency requirements are met. Additionally, protecting these applications and other cloud-based workloads has now been made even easier with the new Amazon Machine Image (AMI) for NetBackup. These latest capabilities join a host of existing Veritas cloud data management solutions that support a variety of AWS use cases, from data governance and protection to migration and disaster recovery.
“As more organizations increasingly turn to various types of clouds to run some or all of their mission-critical applications, the ability to migrate and manage data between and across platforms—not just at all, but simply—becomes vital”Tweet this
As organizations look to shift from upfront capex investments to pay-as-you-go opex models, many are prioritizing AWS resources to replace costly on-premises infrastructure. In fact, according to Veritas research, 53 percent of mission-critical applications will be in the public cloud this year. This accelerating shift shows that before refreshing on-premises hardware, organizations are looking first to the cloud. However, one major roadblock to simply “lifting and shifting” applications like Oracle, SAP, and other resource intensive workloads is the performance and resiliency tradeoffs. While IT has the option of refactoring these applications to work natively in the cloud, doing so can be both a massive time commitment and an expensive undertaking.
Veritas InfoScale enables the speed and cost-effectiveness of lifting and shifting to AWS while helping ensure the performance, scalability and resiliency of those enterprise applications. The new NetBackup AMI simplifies data protection deployment—both in and out of the cloud—as part of the NetBackup platform’s single pane of glass experience and comprehensive solution to protect all physical, virtual and cloud-based workloads.
Today’s announcement serves as an important proof point of Veritas’ strategy to deliver cloud data management solutions that address all major areas of cloud transformation:
- Global Data Visibility – Blindly moving data and applications to the cloud can drive up cost and increase risk. In fact, 52 percent of enterprise storage budgets are already spent on storing dark data. With Information Map, businesses understand what data they have, who owns it and how old it is, providing the insight needed to ensure they are moving the right data, to the right location, at the right time.
- Simple Cloud Migration – Without the proper tools, migrating data and application workloads to the cloud can prove to be a complicated and costly exercise. To provide simple and cost-effective cloud migration, Veritasleveragesthe deep knowledge of data and application interdependencies built into InfoScale to alleviate storage bottlenecks and enable seamless and intelligent data migration to the AWS cloud. Organizations with hybrid-cloud strategies can now gain the same increased workload portability, resiliency and control in the cloud that they are used to on-premises.
- Optimized Application Performance – Lifting and shifting enterprise applications to the cloud can impose extreme performance tradeoffs. The application-awareness and intelligent data caching built into InfoScale software-defined storage offerings alleviates those trade-offs, giving customers an accelerated, yet enterprise-ready environment to maximize mission-critical application performance in the cloud. This means that organizations with mission critical tier-one applications such as Oracle, TIBCO, SAP and other OLTP/OLAP workloads, can now take advantage of the scale and economics of AWS infrastructure without sacrificing required performance and reliability.
- Unified Data Protection – The complexity of protecting data using point products is exponentially higher with the adoption of multiple cloud infrastructures. NetBackup delivers a simple, reliable and unified data protection experience that siloed and disparate products cannot provide. With the release of NetBackup 8.0, AWS customers can now leverage the new NetBackup AMI for a preconfigured and customizable cloud deployment of NetBackup in minutes.
“Our customers are leveraging Veritas solutions to integrate Amazon S3 into their data lifecycle management strategy,” said Mike Palmer, executive vice president, chief product officer at Veritas. “Interest in moving tier-one enterprise applications such as Oracle and SAP to the cloud is growing. Veritas is leading the efforts to enable these organizations have a seamless, scalable and cost-effective solution to access, share and leverage cloud storage without having to sacrifice performance or resiliency.”
“As more organizations increasingly turn to various types of clouds to run some or all of their mission-critical applications, the ability to migrate and manage data between and across platforms—not just at all, but simply—becomes vital,” said Mark Peters, Practice Director & Senior Analyst, Enterprise Strategy Group. “By creating solutions for these hybrid cloud environments, and specifically building-in support for AWS, Veritas is providing customers with an efficient way to both manage their data and also to gain seamless access to the world’s largest public cloud provider.”
Veritas is a gold sponsor of AWS re:Invent 2016. For conference attendees interested in learning more about Veritas cloud data management offerings for AWS, please visit us at booth #632. Also, follow us on twitter @Veritasllc and engage with us using #reInvent or #ReInvent2016.
About Veritas Technologies
Veritas Technologies enables organizations to harness the power of their information, with information management solutions serving the world’s largest and most complex environments. Veritas works with organizations of all sizes, including 86 percent of global Fortune 500 companies, improving data availability and revealing insights to drive competitive advantage. www.veritas.com
Customers can now purchase complete HPE and Veeam solutions directly from HPE and its resellers, enabling them to benefit from Veeam’s industry-leading Availability solution, to operate 24.7.365 in cloud-first era
BAAR, Switzerland & LONDON – Veeam® Software, the innovative provider of solutions that deliver Availability for the Always-On Enterprise™, today announced that is has joined the Hewlett Packard Enterprise (HPE) Complete program. The program adds Veeam solutions to HPE’s price list so that customers can purchase complete HPE and Veeam solutions directly from HPE and its resellers. This enables customers to benefit from Veeam’s industry-leading Availability solution, enabling them to operate 24.7.365 in today’s cloud-first era.
Veeam Joins HPE Complete ProgramTweet this
Customers receive the following benefits from Veeam joining the HPE Complete program:
- One stop shop — purchase a complete HPE and Veeam solution via a single HPE purchase order;
- Validated solution — be confident of HPE’s interop assurance validation for Veeam to complement HPE Storage & Server solutions.
As part of the HPE Complete program, customers will be able to purchase Veeam Availability Suite, Veeam Backup & Replication, and Veeam Backup Essentials Enterprise and Enterprise Plus editions for both VMware vSphere and Microsoft Hyper-V environments.
“Veeam has enjoyed a long-standing relationship with HPE, and I am delighted that we are further strengthening this by becoming an integral part of the HPE Complete program,” said Peter McKay, President and COO at Veeam. “By combining Veeam’s class-leading Availability solution with HPE’s heritage in servers, storage and converged systems, we will enable customers to thrive in the Digital Transformation era.”
The joint solution leverages Veeam’s vision for today’s cloud-first era - Veeam Availability Platform for the Hybrid Cloud - in which businesses are actively seeking true availability solutions to meet modern Service Level Objectives (SLOs) for recovery of data and applications in the Hybrid Cloud to deliver enhanced efficiency, agility and reliability across their entire operations.
The integration of Veeam’s Availability solutions with flash-optimized HPE 3PAR StoreServ and HPE StoreVirtual Storage, coupled with HPE StoreOnce Systems for data protection, provides unmatched data and application availability. Users are able to leverage storage snapshots and utilize industry-leading recovery capabilities to minimize data loss and downtime while implementing a more cohesive data backup, recovery and disaster recovery strategy that tightly integrates their primary storage, protection storage and data availability software components. The result delivers maximum application uptime, enables dramatically faster item and VM-level recoveries, increases IT efficiencies and bridges the gap to achieving Availability for the Always-On Enterprise.
“The way users interact with data and applications has changed irrevocably, and as organizations seek to adopt more agile business models, the vendor community needs to evolve,” added Patrick Osborne, Senior Director of Product Management and Marketing, Storage Division, HPE. “HPE is, and always has been, committed to delivering the very best to our customers, and by coupling our storage and server portfolio with Veeam’s Availability products, we are giving our users the ability to deploy holistic solutions that advance their operations, enhance reliability and radically reduce cost and complexity.”
Beginning in Q4 2016, customers in North America and Latin America will be able to purchase Veeam solutions via HPE’s sales community, with a full global roll-out planned for 1H 2017.
For more information, please visit https://www.veeam.com.
About Veeam Software
Veeam® recognizes the new challenges companies across the globe face in enabling the Always-On Enterprise™, a business that must operate 24.7.365. To address this, Veeam has pioneered a new market of Availability for the Always-On Enterprise™ by helping organizations meet recovery time and point objectives (RTPO™) of less than 15 minutes for all applications and data, through a fundamentally new kind of solution that delivers high-speed recovery, data loss avoidance, verified recoverability, leveraged data and complete visibility. Veeam Availability Suite™, which includes Veeam Backup & Replication™, leverages virtualization, storage, and cloud technologies that enable the modern data center to help organizations save time, mitigate risks, and dramatically reduce capital and operational costs, while always supporting the current and future business goals of Veeam customers.
Founded in 2006, Veeam currently has 43,000 ProPartners and more than 216,500 customers worldwide. Veeam's global headquarters are located in Baar, Switzerland, and the company has offices throughout the world. To learn more, visit https://www.veeam.com.
Laurel, Maryland Company Provides Cloud-Based DevOps & Agile Services
MCLEAN, Va. – Booz Allen Hamilton today announced that it has entered into an agreement to acquire the Laurel, MD-based digital services firm eGov Holdings, Inc. (d/b/a Aquilent), a premiere architect of .gov solutions for the Federal government, for whom it deploys cutting-edge digital, agile, DevOps, and cloud capabilities. Booz Allen has agreed to pay a purchase price of $250 million in connection with the transaction, subject to customary purchase price adjustments and customary escrows.
“Aquilent builds on Booz Allen’s existing digital capabilities, bringing greater expertise to deliver the digital services that citizens expect the Federal government to provide in a modern, 24/7 environment”Tweet this
The transaction will bolster Booz Allen’s growing technology capabilities and talent base, particularly its emphasis on building citizen-focused digital services. Aquilent will be the Laurel, MD hub of Booz Allen’s Digital business. Upon closing of the transaction, eGov Holdings, Inc. will be a wholly-owned subsidiary of Booz Allen Hamilton Inc. The transaction is expected to close by December 31, 2016, and is subject to customary closing conditions.
Aquilent employs approximately 350 professionals who currently provide digital and cloud services for the U.S. Department of Health and Human Services, U.S. Postal Service (USPS), U.S. General Services Administration (GSA), and other federal clients. Aquilent has grown rapidly, with revenues growing at a 28% compounded annual growth rate over the last five years. For the remainder of Booz Allen’s fiscal year 2017, the transaction is expected to add approximately $30 million to $35 million of revenue. It is expected to be accretive to Booz Allen earnings and to add to operating margin in fiscal year 2018.
The acquisition will further expand Booz Allen’s ability to blend its consulting heritage with advanced technical expertise to deliver to clients cloud, mobile and modular technology services using advanced methodologies such as Agile, DevOps and open source.
“This acquisition further advances our long-term growth strategy,” said Horacio Rozanski, President and Chief Executive Officer of Booz Allen. “We are driving sustainable quality growth through client solutions that blend technical capabilities and talent with our consulting heritage. This exciting addition to Booz Allen will bolster our capacity to provide digital transformation to clients.”
“Aquilent builds on Booz Allen’s existing digital capabilities, bringing greater expertise to deliver the digital services that citizens expect the Federal government to provide in a modern, 24/7 environment,” said Greg Wenzel, Executive Vice President for Booz Allen’s digital business. “This acquisition expands our network of digital solutions offerings with a team of technologists and a modern facility where we can advance cutting-edge solutions for our clients and take advantage of growth opportunities in the market for large digital projects.”
Aquilent Chief Executive Officer David Fout said, “Joining a firm like Booz Allen, which aligns so closely with our expertise, offers the chance to expand into new areas of digital work, expands capabilities for our clients through the breadth of their relationships, and is a great opportunity for the people of Aquilent. We look forward to working together to support existing and future clients.”
In 2016, Aquilent was ranked by Inc. as one of the 50 Best Workplaces in the U.S. and was named the 2015 Cloud Service Provider of the Year by Micro Trend.
Booz Allen has continued to invest in technical capabilities in recent years as part of the firm’s long-term growth strategy, called Vision 2020. The firm sees growth opportunities driven by client demand for technology innovation in areas such as cloud, big data and mobility, advanced development methodologies and more rapid solution deployments.
The firm’s differentiator in digital solutions is its unique ability to network its broad range of technical capabilities and talent across the country, delivering a deep understanding of its clients’ missions and sensitivity to the management challenges of organizational adaptation and adoption.
In recent months, Booz Allen has won several large contracts for digital services, including:
- A $25 million contract to support the GSA 18F to rapidly deploy tools and services that are easy to operate, cost efficient and reusable across government agencies. Under this contract, Booz Allen is primarily responsible for delivering digital services through agile development, user-centered design, and DevOps.
- A 7-year contract awarded by the USPS Enterprise Mobile Computing (EMC) IDIQ, which is one of the largest mobility contracts among public sector applications. This award positions Booz Allen as a mobile leader and enhances its Digital Solutions brand in the Federal space. It builds upon its mobile and SD business across markets and will provide its people with exciting opportunities to work on cutting-edge mobile projects.
ABOUT BOOZ ALLEN HAMILTON
Booz Allen Hamilton (NYSE: BAH) has been at the forefront of strategy and technology for more than 100 years. Today, the firm provides management and technology consulting and engineering services to leading Fortune 500 corporations, governments, and not-for-profits across the globe. Booz Allen partners with public and private sector clients to solve their most difficult challenges through a combination of consulting, analytics, mission operations, technology, systems delivery, cybersecurity, engineering, and innovation expertise.
With international headquarters in McLean, Virginia, the firm employs approximately 22,800 people globally, and had revenue of $5.41 billion for the 12 months ended March 31, 2016. To learn more, visit www.boozallen.com.
Aquilent is a leading solution provider, delivering Digital Services using DevOps & Agile methodologies in the Cloud, shaping the next generation of technology for the federal government. With offices in Laurel, Maryland, Aquilent has designed, developed, or supported over 100 of the nation’s most prominent federal websites and digital services, providing compelling and productive citizen engagement. Bruce E. Toll and Mark Kozak in partnership with management originally bought Aquilent out of Commerce One in 2002. Houlihan Lokey served as the financial advisor to Aquilent.
Certain statements contained in this press release include “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “could,” “should,” “forecasts,” “expects,” “intends,” “plans,” “anticipates,” “projects,” “outlook,” “believes,” “estimates,” “predicts,” “potential,” “continue,” “preliminary,” or the negative of these terms or other comparable terminology. Although Booz Allen believes that the expectations reflected in the forward-looking statements are reasonable, it can provide no assurance these expectations will prove to have been correct.
Readers are cautioned not to place undue reliance on those forward-looking statements, which speak only as of the date the statement was made. Such forward-looking statements are based on current expectations and assumptions of our management that involve a number of known and unknown risks, uncertainties and other factors which may cause actual results or events to be materially different from those expressed or implied by such forward-looking statements. These factors include, but are not limited to, the risks associated with our ability to consummate the acquisition, our ability to realize the anticipated benefits of the acquisition, and other factors detailed in Booz Allen’s filings with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K, filed with the SEC on May 19, 2016.
All forward-looking statements attributable to Booz Allen or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. All such statements speak only as of the date made and, except as required by law, Booz Allen undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
6,000+-panel array will produce 2.6 millionkilowatt hours of electricity per year, helping Iron Mountain to offset 60 percent of onsite energy usage
BOSTON – Iron Mountain Incorporated® (NYSE:IRM), the global leader in storage and information management services, today announced the activation of a solar energy array at its Freehold, NJ facility that will generate 2.6million kilowatt hours (kWh) of electricity per year. The array, which sits adjacent to Iron Mountain’s largest records management facility on the east coast, will allow the company to offset 60 percent of the site’s energy consumption today, with that percentage expected to increase as other energy efficiency projects come online for the 857,194 square foot campus.
Announcing activation of new #solar array at largest east coast @IronMountain #recordsmanagement facilityTweet this
The solar array, made up of 6,444 panels capable of producing a total of 1.997 megawatts (MW) of electricity, will supply Iron Mountain through a 20-year, fixed price power purchase agreement with site developer Tech Advisory Group. Upon activation, it effectively doubles Iron Mountain’s installed solar production from 2 MW to nearly 4 MW, and – together with prior wind farm power purchases in Pennsylvania and Texas – will help the company utilize renewable resources for two-thirds of total North American electricity load by 2018.
“Energy usage across our real estate portfolio comprises half of our global greenhouse gas emissions (GHG) footprint,” said Ty Ondatje, senior vice president of Corporate Responsibility and chief diversity officer, Iron Mountain. “As such, renewable and sustainable energy strategies like solar represent a major opportunity for us to reduce our impact on the environment while enabling us to innovate and operate our business more efficiently. Additionally, power purchase agreements like this and others we have throughout North America help us stabilize our long term costs and enable us to use energy at lower than grid prices. For these reasons, we are committed to renewable energy strategies to benefit our business and position Iron Mountain and our customers to meet the growing expectations for sustainable business practices.”
The array was installed by Pro-Tech Energy Solutions of Moorestown, NJ, and sits on neighboring property belonging to The Clayton Companies, one of the largest privately held mining companies in New Jersey.
For more information on Iron Mountain’s commitment to sustainability, corporate responsibility and diversity and inclusion, read the company’s 2015 Corporate Responsibility Report here: http://www.ironmountain.com/About-Us/Corporate-Social-Responsibility/News-and-Noteworthy/Corporate-Social-Responsibility-Reports.aspx.
About Iron Mountain
Iron Mountain Incorporated® (NYSE: IRM) is the global leader in storage and information management services. Trusted by more than 220,000 organizations around the world, Iron Mountain’s real estate network comprises more than 85 million square feet across more than 1,400 facilities in 45 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, document management, data centers, art storage and logistics, and secure shredding, helping organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.
Continues to Invest in AWS Technology and Expertise to Deliver Positive Customer Outcomes
SAN ANTONIO, Texas – Rackspace® today announced that it has achieved Premier Partner status as a Consulting Partner within the Amazon Web Services® (AWS) Partner Network (APN). This designation is the highest level in the APN, recognizing APN Partners that have made significant investments to develop the technical resources and AWS expertise necessary to deploy and manage customer solutions on the AWS Cloud. Customers can tap into this valuable expertise through Fanatical Support® for AWS architects and engineers, who collectively hold more than 600 AWS professional and associate certifications across the globe.
"We are pleased to recognize Rackspace as an APN Premier Consulting Partner," said Terry Wise, vice president of the Worldwide Partner Ecosystem, Amazon Web Services, Inc. "Rackspace has a well-earned reputation for customer obsession, and this has translated into consistent success in helping customers optimize their use of the AWS Cloud. Rackspace is leveraging its large body of certified and trained professional experts to help deliver outstanding customer outcomes on the AWS Cloud."
To qualify for the AWS Premier Consulting Partner tier, Partners must meet requirements that demonstrate the scale of their AWS expertise, capabilities and engagement in the AWS Ecosystem. Rackspace has been an APN Advanced Consulting Partner since the launch of Fanatical Support for AWS in October 2015. Its global base of knowledge spans all five AWS technical certifications, including Solutions Architect Associate, Developer Associate, SysOps Administrator Associate, DevOps Engineer Professional, and Solutions Architect Professional. Rackspace has also demonstrated expertise across different types of AWS workloads and has achieved AWS Competencies for DevOps and Marketing & Commerce.
"We are proud to be recognized as a Premier Consulting Partner in the APN," said Jeff Cotten, senior vice president of AWS at Rackspace. "Since the launch of Fanatical Support for AWS in late 2015, we have been focused on helping our customers maximize the value of their AWS investments by developing our expertise and capabilities on AWS. Our team has worked so hard to achieve Premier Partner status in such a short time, and we look forward to continuing to build on our ability to provide Fanatical Support for AWS to our customers."
For more information on Fanatical Support for AWS, please visit www.rackspace.com/aws.
Rackspace, the #1 managed cloud company, helps businesses tap the power of hosting and cloud computing without the complexity and cost of managing it on their own. Rackspace engineers deliver specialized expertise, easy-to-use tools, and Fanatical Support® for leading technologies including AWS, VMware, Microsoft, OpenStack and others. The company serves customers in 120 countries, including more than half of the FORTUNE 100. Rackspace was named a leader in the 2015 Gartner Magic Quadrant for Cloud-Enabled Managed Hosting, and has been honored by Fortune, Forbes, and others as one of the best companies to work for. Learn more at www.rackspace.com.