We have been selected as the prime contractor by Pension Benefit Guaranty Corporation (PBGC) for their Financial Management Systems-Information Technology Support Services (FMS-ITSS) contract. This five-year unrestricted single award IDIQ (indefinite-delivery indefinite-quantity) contract, with a $100 million ceiling, represents exciting new work for TeraThink. The award demonstrates the continuing success of our strategy to lead transformation initiatives. We welcome the opportunity to support PBGC in achieving their strategic goals.
This time of the season always presents a good point to reflect on the past year; to take stock of key accomplishments and milestones while also looking to next year and the opportunities it presents.
For TeraThink’s ServiceNow practice, this has been an exciting year that has ushered in a number of client successes. It has also seen the addition of some great talent to our team and the establishment of our ServiceNow community of practice.
Today we are proud to announce that TeraThink has been awarded a $12M single award Task Order from the U.S. Department of Veterans Affairs. We will be performing independent verification and validation (IV&V) services in support of their Financial Management Business Transformation (FMBT) initiative. This multidimensional IV&V support for the VA’s financial business system implementation will utilize CGI’s Momentum® Federal ERP suite. This win demonstrates our long-held reputation for excellent performance delivering Enterprise Resource Planning (ERP) programs.
SAP’s TechEd 2018 in Las Vegas started on a Tuesday morning with a keynote ushering in a week of intelligent technologies and digital platforms. The keynote itself, from SAP’s Bernd Leukert, lacked the entertainment value of years past. No one appeared from a smoked-out DeLorean. No Captain Kirk on the bridge of the Enterprise. Instead, SAP changed the colors on a small “car of the future”, mimicking the car being spray painted.
Despite the special effects, SAP’s made their point. The real time capabilities of SAP Cloud Platform, using APIs integrated with S/4HANA, showing a customer what their car being painted would look like was practical and important. Real time access to information for customers, and the ability of companies to program and provide it, is clearly the focus for SAP.
In an earlier blog, I wrote about a couple of takeaways regarding improvements to the ServiceNow platform from our trip to Knowledge18, Those weren’t the only key takeaways from ServiceNow’s annual conference. There was a lot of focus on improving the user experience for both the producers and consumers of ServiceNow’s features and value. Having seen many projects succeed or fail based not upon features but upon user experience, this was exciting to see.
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 attended SAP TechEd 2017 in sunny Las Vegas. SAP transported us from present day Vegas to the final frontier of the digital revolution. The conference kicked off with a keynote from Björn Goerke, SAP’s Chief Technology Officer. As a bonus, he came dressed as the legendary Captain Kirk on the mythical starship Enterprise! Goerke walked us through SAP’s vision of the digital transformation facing many present day organizations in their attempt to go digital (boldly) and blur the lines between their physical and virtual world.
SAP indulged the crowd with some space age demos of their new Leonardo platform to use drones, machine learning, spatial analytics, and computer vision to help Dole to automate farming of hundreds of acres of palm trees. Who doesn’t love drones and artificial intelligence? And what better way to indulge a room full of developers than to dress up as Captain Kirk, wear Vulcan ears, and present from the bridge of the Enterprise?
TeraThink has been awarded a prime position on the US Department of Agriculture (USDA) Shared Services Line of Business (SSLoBS) Blanket Purchase Agreement (BPA). An estimated $500 million multi-award BPA, this win is a testament to our team’s 20+ years of continuous delivery and excellence supporting USDA’s mission.
The objective of the SSLoBS BPA is to drive the OCFO’s (Office of the Chief Financial Officer) mission, while providing USDA’s shared service offerings to customers government-wide. The scope of this BPA includes services for Financial Management, Human Resources, Information Technology Services Division, External Systems Development, and Personnel & Pay. These service offerings are designed to eliminate time-consuming, transactional functions and allow agencies to focus on their core mission.
TeraThink is the prime integrator for Enterprise Funds Distribution (EFD), which is designed to increase visibility, auditability, and efficiency in the management of distributed funds and Congressional Actions for all Department of Defense (DoD) appropriations. EFD will be the authoritative source of Budget Line Items (BLI) for the entire life-cycle of all DOD programs.
In May 2017, the TeraThink Team concluded a year-long contract with a successful Go-Live delivered on time and within budget. The Go-Live enabled funds distribution capability for Defense organizations receiving and distributing Defense-wide funding. This effort also included migrating a user organization to EFD, developing outbound interface file formats, and providing custom reports which contain critical budget data. As a result of the successful implementation, our DLA client gave TeraThink an “exceptional” CPARs rating in 4 out of 5 evaluation areas.
IT departments are continually being asked to do more with less. They’re also working to meet the increasing demands of their customers. Clients who are accustomed to Amazon-like IT interactions outside of the workplace.
The IT Service Management arena is no exception. In an effort to continue to improve our ability to meet the needs of our clients, TeraThink is now a ServiceNow partner. Our partnership with ServiceNow strengthens our ability to bring best-in-class solutions to our clients looking to overcome these challenges.
To further our partnership, last week I attended Knowledge17, ServiceNow’s annual conference in Orlando, FL. Over 15,000 ServiceNow customers, partners, and associates gathered together to exchange ideas, experiences, and advice. The mixture of keynotes, labs, customer success stories, and demos ensured a little something for everyone.