TeraThink has completed an asset purchase agreement to support the Defense Logistics Agency’s J6 Enterprise Technology Services (JETS) contract vehicle. The DLA JETS contract is a multiple-award firm-fixed-price quantity contract with a five-year base period of performance. The DLA has already purchased over $500M in IT services through the vehicle since March 2017. With a three-year option and a total contract ceiling of up to $6 billion, TeraThink’s opportunity to grow at the DLA is substantial.
We believe our digital transformation, enterprise applications, and information management capabilities are a great fit for DLA’s needs. TeraThink’s service offerings clearly align to the recently released 2018-2026 DLA Strategic Plan. We welcome the opportunity to assist DLA Information Operations (J6) in realization of its vision of a global presence, agile and innovative, and focused on the warfighter first.
In May, my colleagues and I attended ServiceNow’s annual conference, Knowledge18. We joined over 18,000 attendees in Las Vegas to meet, learn, share, and collaborate on all things ServiceNow. They presented a wide range of valuable content spanning all aspects of the platform. This ranged from in-depth solution-focused sessions, to industry-based workshops, to a roadmap of functionality coming to the platform.
Two of my takeaways from the conference centered on the platform improvement and their increased focus on the customer.
TeraThink’s culture is one of giving, especially when it comes to children who are battling every day with diseases that no child should ever face. Over the course of the last year, TeraThink has continued to form a relationship with The Children’s Inn at National Institutes of Health (NIH). For those of you who don’t know, The Children’s Inn is a non-profit dedicated to providing “a place like home” for children and their families participating in clinical research at the NIH. Coming to the NIH and Inn is a last, best hope for treatment or a cure for many of them.
Last month I had the pleasure of going to San Antonio for the 2018 AIIM Conference. As always, AIIM hosted some great conversations and informative presentations. Some of the discussions focused around emerging technologies in the information space, blockchain, and artificial intelligence.
Lots of new technology were discussed in a panel run by Alan Pelz-Sharpe. He and his panelists; Andrea Chiappe, Kashyap Kompella, and Dan Abdul; broke the technologies down and how they impact the world of information management. Alan noted that during his preconference session, a surprising number of people were already very familiar with these new technologies. That is a refreshing realization. Broad understanding in the industry is critical towards creating practical applications with any new technology.
Today we are proud to announce that Steve Hamric will be joining TeraThink as our new Chief Financial Officer. Steve will oversee all finance and contracts aspects of TeraThink, including financial planning, management, and reporting operations.
We are thrilled to have Steve on board at TeraThink as we enter the next phase of our company’s evolution. His experience will help us to play a stronger role in the industry.
Microservices is the latest architectural approach to scaling applications. Their smaller, more atomic size, allows for greater agility as the impact of each iteration is more contained. This makes continuous integration and development easier as the burden of testing is less and deployment iterations are more limited in scope.
As we look to utilize Mule, and other systems, in this environment, we need to make sure that their configurations can automatically reflect their environment. As we build applications at scale and move out of the development lab, this becomes a real need. Luckily, the Spring Cloud Configuration server lets us do exactly that.
A few weeks back, I spoke on an Information Coalition webinar with Nick Inglis about getting Beyond the Hype of Content Services. We discussed content services and tried to separate the reality from the hype. If you been following, there is a lot of hype out there and has been since Gartner stopped tracking ECM (enterprise content management) and switched to content services. This has fed people’s instinct to equate content services with ECM. Many vendors and consultants are now taking their marketing messaging and simply substituting one term for the other. Even more distracting are people that reflexively reject content services because they assume the person using the term is just doing a term swap.
The truth is that content services is not ECM. It is an approach to implementing solutions that support an ECM strategy and providing sound information governance. Content services doesn’t eliminate the need for an ECM strategy or information governance. In fact, if you don’t have a strategy or proper governance, you might end up addressing the wrong things.
You still need a plan. To determine how to implement it, you need to know what content services is and how it can make a difference.
Recently, TeraThink attended CGI’s tenth annual Momentum Ideas Day. This year it took place at the Fairview Park Marriott in Falls Church, VA. In addition to the excellent catering (breakfast, lunch, snacks, coffee, the list goes on and on!) provided throughout the day, there was a lot to learn at this year’s event!
CGI’s Momentum is a full-featured financial and accounting ERP solution focused for the Federal government. Ideas Day allows Momentum users and stakeholders to learn more about the latest Momentum releases. Together, attendees are able to collaboratively discuss existing ideas and brainstorm new ideas for future Momentum enhancements. The day was broken out into multiple sessions to explore various subject areas. Several of my fellow TeraThink colleagues were there so we could attend the varied sessions to gain insight into upcoming Momentum enhancements.
TeraThink recently attended the 2018 Association of Government Accountants (AGA) National Leadership Training (NLT) symposium in Washington D.C. It was our first AGA event since rolling out our expanded offerings after our merger with Dominion Consulting. I attended with Jim Levitan, Howard Campbell, Leslie Hubbard-Darr, Matt Duffy, and Rodney Taylor.
Held February 27-28, the 2018 NLT was one of the largest ever, with 862 participants. The conference served as an excellent platform to learn about the latest trends in Federal financial management in a shared-experience environment. Additionally, it helped showcase TeraThink services at our booth in the exhibitor’s hall.
I am proud to announce the appointment of Madame Secretary Deborah Lee James to our Board of Directors, effective immediately. James joins myself, our CEO Dan Maguire, and Doug Wagoner on the TeraThink board. Created after our merger with Dominion Consulting last November, the board is charged with steering the overall direction and overarching policies of the organization. Adding someone of her stature to our board is sure to have a lasting effect on our company’s ability to be an impactful force in the Federal realm.
I asked Madame Secretary about joining TeraThink’s Board of Directors. What she shared added to my excitement for her joining the board.
TeraThink puts its customers and employees first, which is why I’m honored to join the board of such a fast growing technology and consulting firm. I look forward to joining this high performing team to help improve the operational effectiveness and business processes of our government clients.