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Business Scoop » Nozomi Networks Tops 100% Revenue Growth

Press Release – Nozomi Networks Nozomi Networks Inc., the leader in OT and IoT security, today announced record 2020 growth and tremendous momentum moving into 2021. As industrial and critical infrastructure cybersecurity threats made operational resilience a top priority for large enterprises … Fuelled by 2020’s accelerated pace of industrial digitisation, the company’s market share hit 50% in key industrial verticals Nozomi Networks Inc., the leader in OT and IoT security, today announced record 2020 growth and tremendous momentum moving into 2021. As industrial and critical infrastructure cybersecurity threats made operational resilience a top priority for large enterprises around the world, the company experienced 110% growth in annual recurring revenue (ARR) and doubled its customer base with a 90% increase in new customer revenues. The COVID-19 pandemic has accelerated digital transformation, sped industrial connectivity and driven requirements to support remote work

The report card is in for the US defense industry s health

The report card is in for the US defense industry’s health February 2 The Freedom-class littoral combat ship Detroit receives regularly scheduled maintenance at BAE Systems shipyard in Jacksonville, Fla., on March 29, 2019. (MC3 Nathan T. Beard/U.S. Navy) WASHINGTON ― The health of America’s defense industrial base ranks a middling “C” due to growing cyber vulnerabilities, a poor ability to surge production in a crisis, and political obstacles for defense budgeting, according to a lead defense trade group’s new study. According to the National Defense Industrial Association’s second annual “Vital Signs” report, the defense industrial base entered the COVID-19 pandemic in a weakened state despite healthier marks for competition, profitability and demand.

Government Contractor Futures Under the Biden Administration

Reflections on a Tumultuous 2020, and What’s in Store for Government Contractors Under the Biden Administration Thursday, January 28, 2021 With the Biden administration’s transition into power last week, federal contractors can finally rejoice about the end of a tumultuous 2020, which brought a global pandemic and a flurry of last-minute procurement policy changes from the outgoing Trump administration. Yet in true “no rest for the weary” fashion, federal contractors should prepare for significant developments ranging from supply chain initiatives, to infrastructure development, to likely increased compliance obligations and increased enforcement actions. While we wait for the Biden administration’s procurement policies to fully unfold, we review the significant developments impacting government contractors from 2020 and provide insight into President Biden’s key procurement priorities for the next four years.

Reflections on a Tumultuous 2020, and What s in Store for Government Contractors Under the Biden Administration | Faegre Drinker Biddle & Reath LLP

To embed, copy and paste the code into your website or blog: With the Biden administration’s transition into power last week, federal contractors can finally rejoice about the end of a tumultuous 2020, which brought a global pandemic and a flurry of last-minute procurement policy changes from the outgoing Trump administration. Yet in true “no rest for the weary” fashion, federal contractors should prepare for significant developments ranging from supply chain initiatives, to infrastructure development, to likely increased compliance obligations and increased enforcement actions. While we wait for the Biden administration’s procurement policies to fully unfold, we review the significant developments impacting government contractors from 2020 and provide insight into President Biden’s key procurement priorities for the next four years.

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