Navigant is a specialized expert services firm.Based in Chicago, Illinois, Navigant has over forty offices across the United States, Canada, Europe, and Asia. 2012 revenues were $845 million. The company has been listed among Forbes' Best Run Small Companies and Fortune's Fastest Growing Companies. The company's stock is a member of the S&P 400 index. Wikipedia.
News Article | May 10, 2017
JAMIS Software Corporation, the leading provider of world-class project ERP software, is pleased to announce the expansion of their Lunch and Learn series partnership with Capital Edge Consulting to include the west coast. The complimentary events offer attendees an opportunity to explore regulatory updates and compliance changes with industry experts while earning CPE Credits and enjoying a complimentary meal. Craig Stetson, Managing Director at Capital Edge Consulting, will join the west coast events to discuss the opportunities and challenges that come with a new Administration, as well as the obstacles that could directly affect government contractors’ compliance programs which may impact multiple areas of the business, including: cost accounting and allocation practices, determination of allowable costs, estimating and pricing practices, business systems documentation and internal controls, purchasing and supply chain management practices, contract administration, and financial reporting practices. Stetson has over 25 years of direct experience in a wide range of cost accounting and regulatory compliance matters related to government contracts. Before joining Capital Edge, Stetson was a director at PricewaterhouseCoopers, Baker Tilly Virchow Krause, Navigant Consulting, and KPMG. He began his career as an auditor for the Defense Contract Audit Agency (DCAA). “JAMIS is excited about the opportunity to host Lunch and Learn events on the west coast with Capital Edge Consulting,” said Dan Rusert, Director of Business Development and Marketing Operations for JAMIS Software Corporation. “We want to give federal contractors on the west coast an opportunity to network and learn from industry experts, without having to travel all the way to the DC area. Craig Stetson’s extensive industry familiarity coupled with JAMIS’ knowledge of ERP software for government contractors will present a valuable opportunity for contractors.” In addition to a discussion led by industry experts, attendees will also receive a demo of JAMIS Prime. JAMIS Prime ERP streamlines the DCAA compliance process and allows businesses to focus on cutting costs and winning contracts. This demo, coupled with Craig Stetson’s presentation, will give attendees the tools to improve their performance and increase their knowledge of the GovCon industry. To learn more about lunch and learn events coming to your area, visit our website at https://jamis.com/govcon-events/ JAMIS Software Corporation is a leading provider of ERP software solutions designed specifically for government contractors and other project-focused organizations. JAMIS delivers comprehensive, intuitive, innovative, and cost-effective solutions for the most respected names in government contracting. Companies large and small rely on JAMIS to provide detailed visibility into all of their projects, as well as provide the foundation for DCAA and other regulatory compliance. JAMIS helps companies connect with customers, partners, and employees in entirely new ways to foster new levels of collaboration and drive profitability and growth. To learn more about JAMIS Software Corporation, please visit: https://jamis.com/ Capital Edge Consulting combines unique backgrounds and experience in consulting, public accounting, industry, DCAA and DCMA to provide clients with unmatched government contracting expertise. This breadth of specialized experience enables them to provide the exact services and level of expertise federal government contractors need to succeed. Capital Edge Consulting provides custom-tailored consulting solutions to government contractors ranging in size from startup to Fortune 100 companies in industries such as manufacturing, nuclear energy, professional services, biotech/pharmaceuticals, defense, and information technology. To learn more about Capital Edge Consulting, please visit: http://www.CapitalEdgeConsulting.com
News Article | May 9, 2017
In-depth event examines technology advances and strategies for minimizing cyber security risk for businesses, organizations, and critical infrastructure -- According to the British insurance company Lloyd's, cyberattacks cost businesses as much as $400 billion each year, which includes direct damage plus post-attack disruption to the normal course of business. Research firm Cybersecurity Ventures estimates that the global cost of cybercrime will grow from $3 trillion in 2015 to $6 trillion by 2021, which includes damage and destruction of data, stolen money, lost property, intellectual property theft, and other areas.*To help companies and organizations meet this increasingly urgent challenge, the Smart Grid Observer is hosting the first annualJuly 10-11, 2017 in Chicago ( www.cybersecurity- symposium.com ).The in-depth Symposium will examine the latest cyber security threats and trends, as well as real-world strategies for securing critical networks and data in enterprise, commercial, government and industrial environments. The event will bring together industry practitioners, researchers, regulators and solution providers for two days of focused networking and information sharing at the cutting edge of cyber security."This will be a tremendous opportunity to network with those who are pushing the envelope of cyber security in today's environment,"says Daniel Coran, Program Manager for the Symposium. "The event emphasizes one-on-one interaction between thought leaders, technology innovators, and those responsible for network security."Companies confirmed to speak include Tripwire, Aetna, Fireglass, Cryptzone, CloudPassage, Carnegie Mellon University, Sixgill, SecurityScorecard, Trend Micro, CounterTack, Lastline, Arbor Networks, Cyber adAPT, UpGuard, VMware, Sumo Logic, Lacework, Hexadite, AsTech Consulting, Coronet, Ixia, Sonatype, SecureKey, HYPR, West Monroe Partners, and GigaTrust.Topics to be addressed include:- Developing A Real-World, Effective Strategy for Enterprise Network Security- Commercializing Military-Grade Network Security- Excellence in the Essentials: Managing Complexity Through Foundational Controls- Demystifying the Dark Web- The Importance of Evaluating Third Party Risk- Understanding the Risks of Smart Cities- Hacking Exposed: Malware and Rootkits- The Weaponization of IoT-based Botnets- BYOD Policy in Today's Gig Economy- New York's Game-Changing Cybersecurity Rules and Beyond- Using the Cloud to Secure the Cloud- Leveraging Security Analytics and Big Data to Bolster Security in the Cloud- New Approaches to Cloud Security: Achieving Zero-Day Breach Detection- DevOps Lessons Learned From Detroit to Deming- Automating Security in a Continuous Delivery Culture- And more"IBM's CEO recently observed that cybercrime is the greatest threat to every profession, every industry, and every company in the world," Coran says. "This Symposium is designed to help organizations get a grip on this threat and meet it head on with the latest technologies, best practices and success strategies."The Symposium is organized by the Smart Grid Observer , an online information portal and weekly newsletter serving the global smart electric grid industry. Event partners include InfoSec Conferences, the National Council of ISACs, Loss Prevention Magazine, SecuritySolutionsWatch.com, Illinois Security Professionals Association, Navigant Research, TechSquare Labs, Women in Technology International, Voices of Leaders, and Mind Commerce.The event will be held at the Conference Chicago at University Center , 525 S. State Street in downtown Chicago.For full information and to register, visit www.cybersecurity- symposium.com
News Article | May 22, 2017
Ford has named the head of its driverless cars division as its chief executive in a sudden regime change, as the company that pioneered the assembly line looks to the next stage of the industry’s evolution. The Detroit-based carmaker said Mark Fields, who has run the company since July 2014, was retiring with immediate effect amid an overhaul of senior management. Fields will be replaced by Jim Hackett, who runs the smart mobility unit that houses Ford’s autonomous vehicle projects and is close to the executive chair, Bill Ford Jr. Ford Jr, great-grandson of the company’s founder Henry, said Hackett was a “transformational leader” who would modernise the business by exploring areas such as artificial intelligence, robotics and 3D printing. He and Hackett also emphasised the need to make decisions faster, with Ford Jr hinting at more centralised control as he referred to “breaking the hierarchy down”. Despite posting a pre-tax profit of $10.4bn (£8bn) last year, the company has fallen out of favour on Wall Street and its stock has declined by 37% during Fields’ tenure. This year it was overtaken in stock market value by newcomer Tesla, which specialises in electric cars and is testing driverless vehicles, as investors focus on the future of transport. The 114-year-old company has also been outpaced by traditional rivals such as General Motors, which posted rising first-quarter profit this year, while Ford’s earnings slumped. Ford Jr said the decision that Fields would retire was reached on Friday but admitted there had been discussions for some time. Fields, whose pay deal last year was worth $22m (£17m), is in line for a payoff worth $14.3m, a sum he would not have been entitled to had he left the company under circumstances other than voluntary retirement. The choice of Hackett as his successor indicates a firmer commitment to driverless vehicles from the company whose founder introduced the assembly line production method that dominated the 20th century. In February, Ford announced a $1bn investment over five years in the artificial intelligence software company Argo AI, as part of its attempt to make driverless cars a reality. It hopes to have a driverless car on the road by 2021, and aims to capitalise on its progress in the emerging field by licensing the technology to other companies. Analysts say the appointment of Hackett suggests Ford wants to burnish its reputation among investors by showing that it can embrace technological change more quickly than it has done. “If we’ve learned anything from the phenomenon of [Tesla chief executive] Elon Musk, it’s that Wall Street likes a tech/innovation guy,” said Jessica Caldwell, senior analyst at Edmunds. “Putting the head of their mobility division at the helm indicates Ford is trying to send a strong message to stockholders that the company intends to be a dominant player in the future of mobility.” Hackett was cagey about whether Ford might tweak its planned $4.5bn spend on electric cars and $1bn on autonomous vehicles, one of the only questions he did not answer during a lengthy press conference about his appointment. The 62-year-old does not bring a wealth of technological expertise to the role, having previously spent 30 years with office furniture company Steelcase, followed by a spell as interim athletic director at the University of Michigan. But he has been credited with a free-thinking approach in both positions and was described by Ford Jr as a “futurist” who was well connected in Silicon Valley. As chief executive of Steelcase, he moved the company away from traditional office equipment, tailoring new products towards a growing trend for open-plan working. At the University of Michigan, he won praise for convincing former San Francisco 49ers coach Jim Harbaugh to take on the university’s underperforming American football team, the Wolverines. Developing driverless – or autonomous – vehicles is a nascent but fast-growing industry, with Ford expecting to roll out a driverless car by 2021 and some analysts estimating there will be 10m cars with some form of autonomy by 2020. That’s not much in the context of more than 1bn cars worldwide, but represents rapid progress from a standing start just a few years ago. In the US, the race pits traditional auto firms such as Ford and General Motors against technology-focused newcomers, such as Uber and Google, through its Waymo spinoff company. Also in the running is Tesla, led by futurist billionaire Elon Musk, an auto firm that bridges the divide between Detroit and Silicon Valley by specialising in electric and autonomous cars. While Ford’s management shake-up might suggest it is lagging behind, a study by Navigant Research recently put the company top of the pile among firms working on the technology. Despite the high-profile nature of efforts by technology firms, the study’s top six rated firms were traditional carmakers, with Ford followed by General Motors, Renault-Nissan and Daimler. The UK has started laying the groundwork to become a testing bed for the technology, with MPs consulting on a regulatory regime designed to ready the country for a driverless future. Opinion is divided about when the first consumer models will hit the streets, despite some rumours suggesting Tesla will release a model with a level of autonomy by 2018. Sceptics have pointed to uncertainty around the regulatory regime governing matters such as insurance, while the technology has not been without some concerning teething problems.
News Article | May 16, 2017
BOULDER, Colo.--(BUSINESS WIRE)--A new report from Navigant Research examines the development of the global wind power market, detailing changes that occurred in 2016 and providing forecasts for 2017-2021, as well as an outlook through 2026. Wind power has become firmly entrenched as part of the broader global energy system, and last year, new wind turbine installations exceeded 54 GW. This reflects a downturn of 14 percent annually from 2015’s record year, due largely to a decrease in China. Manufacturer Vestas, which regained its longtime No.1 status globally for annual wind installations, experienced double-digit growth rates, as did most of its competitors. Click to tweet: According to a new report from @NavigantRSRCH, the top 10 wind turbine vendors in terms of 2016 new annual capacity are Vestas, taking a firm first place, followed in order by GE, Goldwind, Gamesa, Enercon, Siemens, Nordex, Envision, Ming Yang, and United Power. “The wind industry in 2016 had another stellar year with 54.3 GW of new wind capacity added,” says Jesse Broehl, senior research analyst with Navigant Research. “The drop in capacity installation in China, plus recent mergers and acquisitions, shook up the annual ranking and market shares of global wind turbine manufacturers. As a result, more Western turbine vendors are in the top 10 ranking in 2016 versus 2015—some with record capacity additions.” Other major markets, including the United States, India, and Europe, showed consistent and stable wind deployments, according to the report. In fact, growth occurred in most every wind market outside of China—from the long-established European countries to new markets in Latin America, Asia Pacific, Africa, and elsewhere. Policy assessment in the report also shows competitive power contract auctions continue to sweep across many country wind markets, helping to push the cost of wind power down. The report, World Wind Energy Market Update 2017, includes more than 100 tables and charts illustrating the development of the global wind power market. The study examines changes that occurred in the wind power sector during 2016 and provides forecasts for 2017-2021, as well as an outlook through 2026. Policy, incentives, and other drivers are detailed for all relevant country markets, in addition to analyses of key drivers and barriers for each market that informs the report forecasts. An Executive Summary of the report is available for free download on the Navigant Research website. Navigant Research, the dedicated research arm of Navigant, provides market research and benchmarking services for rapidly changing and often highly regulated industries. In the energy sector, Navigant Research focuses on in-depth analysis and reporting about global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research and demand assessment, and deep examination of technology trends to provide a comprehensive view of the Energy Technologies, Utility Transformations, Transportation Efficiencies, and Buildings Innovations sectors. Additional information about Navigant Research can be found at www.navigantresearch.com. Navigant Consulting, Inc. is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the Firm primarily serves clients in the healthcare, energy and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com. * The information contained in this press release concerning the report, World Wind Energy Market Update 2017, is a summary and reflects Navigant Research’s current expectations based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Navigant Research nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
News Article | May 22, 2017
A new report published this week by Navigant Research has revealed that Danish wind turbine manufacturer Vestas again led the way in 2016 for total wind turbine installations, in a year which saw a total of over 54 gigawatts of new wind installed worldwide. Navigant Research published its World Wind Energy Market Update 2017 report this week, in which it documents the development of the global wind power market during 2016, while also providing forecasts for 2017 through 2021. According to Navigant, and confirming figures published by the Global Wind Energy Council earlier this year, global wind turbine installations reached 54.315 gigawatts (GW) in 2016, an annual decrease of 14% of the impressive record 63.1 GW set in 2015. Cumulative global wind power capacity now sits at 486.831 GW. The slump can primarily be traced to a downturn in China’s total new capacity additions, which dropped from 30.293 GW in 2015 to 23.328 GW in 2016. Looking beyond China, however, and Navigant traces growth in nearly every other wind market, from the dominance of Europe to new markets in Latin America, Asia Pacific, and Africa. Europe as a whole installed almost 14 GW, while North, South, and Central America installed a combined 12.4 GW. Out of the total 54 GW installed during 2016, a total of 2.2 GW was installed by the offshore industry, bringing the cumulative global offshore capacity up to 13.5 GW. The wind turbine supplier industry underwent its own changes during 2016, with Vestas regaining its top spot from 2015’s usurper, Goldwind, which in fact dropped to third behind GE Energy which had its strongest year to date. Gamesa took fourth place, and sets itself up for even further growth after its successful merger with Siemens’ wind energy division. “The wind industry in 2016 had another stellar year with 54.3 GW of new wind capacity added,” said Jesse Broehl, senior research analyst with Navigant Research. “The drop in capacity installation in China, plus recent mergers and acquisitions, shook up the annual ranking and market shares of global wind turbine manufacturers. As a result, more Western turbine vendors are in the top 10 ranking in 2016 versus 2015 — some with record capacity additions.” Check out our new 93-page EV report. Join us for an upcoming Cleantech Revolution Tour conference! Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.
News Article | May 16, 2017
AerNos, an innovator in nano gas sensors, announced today that it has developed a tiny, accurate, and affordable nano gas sensor configured to simultaneously detect multiple harmful gases to the parts per billion and designed specifically to integrate with Internet of Things (IoT) connected devices that are increasingly powering smart city initiatives. Smart cities rely heavily on smart assets and the IoT to deploy a network of sensors used to collect, analyze and provide meaningful insights to improve quality of life, drive an innovative economy and create a healthier and more sustainable environment. Smart sensors such as image, infrared, thermal, light, sound, heat, humidity, motion, gunshot, vibration, air quality and air pollution are used to capture real-time data which can then be analyzed and made available to improve decision making by citizens, governments, businesses, researchers and civil society organizations. According to Navigant Research, there are more than 250 smart city projects from 178 cities around the world. Cities in the forefront of smart city initiatives include Singapore, Copenhagen, Seoul, London, Helsinki and Barcelona where millions of sensors capture data every second. With an increase in artificial intelligence and predictive analytics, city officials, businesses and citizens are able to receive real-time insights and trends, often personalized or customized, to make smarter and healthier decisions. Utilizing proprietary AerCNT technology, AerNos Smart City Air Pollution nano gas sensors (AerSCAP) product lines will detect carbon monoxide, carbon dioxide, nitrogen oxides, ground level ozone, sulfur dioxide, and gas leaks. According to the American Lung Association and the World Health Organizations, these gases can negatively impact human health and the environment and can endanger the safety and security of citizens. AerNos AerSCAP products will come in three configurations to support the simultaneous detection of 3, 4 or 7 gases. Designed for stationary and mobile applications, AerSCAP will easily integrate into existing city infrastructure such as street lights, parking meters, traffic lights, surveillance systems, public transportation systems and other smart city assets. In addition to simultaneously detecting multiple harmful gases to the parts per billion, AerSCAP is always on, requires no ongoing calibration, can be configured for specific geolocation microenvironments, and comes in configurations that can support decade long lifespan requirements. The AerSCAP packaged system includes a nano gas sensor array and electronics to support intelligent on-board processing and communications. AerSCAP enables integration and development partners to eliminate the costly and complex selection, qualification, and system level integration of discrete devices, guaranteeing optimal gas sensing performance. “The benefits of smart city initiatives, from improved quality of life, to economic efficiencies, to safety, health and the environment are indisputable,” said Sundip R. Doshi, CEO of AerNos. “We are thrilled that our nano gas sensors will play an important role in realizing the healthier, cleaner and safer cities of the future.” According to the World Bank, air pollution costs the global economy more than $5 trillion annually. Smart cities hope to reduce this burden by implementing smart sensors that can help monitor and implement specific actions to reduce air pollution. According to Frost & Sullivan, the global smart cities market is projected to reach US$1.56 trillion by 2020. A report from Frost & Sullivan projects the global sensor market to generate more than $162 billion in 2019, with industrial control, smart cities and eHealth leading revenue generation. About AerNos AerNos, Inc develops application specific nano sensors based on its breakthrough and proprietary AerCNT Technology to detect harmful gases in the environment. AerNos nano gas sensors are designed to be easily integrated into consumer and commercial product lines such as standalone monitoring devices, smart city installations, non-stationary devices (drones, industrial robots, construction equipment, etc.), modes of transportation, wearables, smartphones and the Internet of Things (IoT). AerNos – To always know what’s in the surrounding air For more information, please visit http://www.AerNos.com or contact us at info(at)AerNos(dot)com.
News Article | May 17, 2017
I’m not the first to say it, but as the self-driving car space solidifies, it will likely take shape around companies that are actually making cars–not ride-hailing platforms. “Ultimately, I still don’t know if it makes sense for any stand-alone ride-hailing service to exist since the switching cost for users is essentially zero and anyone can build out that platform,” says Navigant senior researcher Sam Abuelsamid, adding, “I think Lyft, Uber, and others will probably get acquired in time.” The other night, I sat down with Ford chief technical officer Raj Nair to talk through what it will take to get to a world in which cars drive us. He says he believes there are five components to building a successful framework for autonomous vehicle business: large-scale manufacturing capabilities to build a flock of cars; a virtual driver platform that routes a travel plan; autonomous technology that allows the car to drive; a team to safely redesign cars to accommodate self-driving technology; and a way of managing vehicle servicing. The number of people who own cars is slowly declining, notes Paul Asel, managing partner at Nokia Growth Partners in a recent report for CB Insights. In the last 10 years, U.S. households without cars have crept up from 8.7% to 9.2%. To make up for the loss in car sales, car manufacturers want to sell rides in shared autonomous cars. Nair sees autonomous technology’s main value as providing consumers with a travel option that’s cheaper than car ownership. Self-driving cars have the potential to be cheaper than cabs and owning a car because there’s no driver to pay and no big price tag to pay down (though someone in this scheme will have to pay for maintenance). Carmakers already have access to large-scale manufacturing and a big servicing infrastructure, though Nair says Ford will have to change its car maintenance system to support a network of rented cars (rather than individually owned cars). The company has also been working on autonomous car technology for roughly a decade and recently agreed to invest $1 billion dollars into Argo AI over the course of five years. It appears carmakers at large are leading the way in creating self-driving cars, according to Navigant Research. Its report claims Ford, GM, Renault-Nissan, and Daimler make up the top four companies in the self-driving technology space. The ranking is based on a variety of criteria including go-to-market strategy, execution, and technology. What these giants lack is their own widespread and competitive transportation services. General Motors is currently building a car-sharing service called Maven. Ford has Chariot, a group commuter platform located in two markets. Both of these efforts are too small in scale to really provide the critical insight that will help them build the massive autonomous fleets they envision. To get access to that data in bulk, Ford, like other car companies, is open to partnering with or acquiring a relevant company, Nair tells me. The question is when? Syncing up with an entity like Uber or Lyft might give Ford access to data, but there wouldn’t be an immediate financial payoff until autonomous cars start rolling out of factories. “Eliminating the driver cost is key to making it profitable,” Nair says of the future of e-hail. While Uber-style ride-hailing data is key to developing the kind of on-demand transportation platforms Nair foresees, he isn’t concerned about being a part of the first available ride-sharing network. “It’s not really about who gets there first. It’s about who gets there with the right use case that really matches the need and who can scale that,” says Nair, adding “Henry Ford didn’t invent the automobile.” The argument against car manufacturers leading the revolution of cars that drive themselves is that carmakers may not be any good at running mobility services. Both GM and Ford have previously owned and sold stakes in car rental companies, unable to make those businesses work. But carmakers may have the most important component in the self-driving equation: the ability to make the cars themselves. As driverless cars hit the streets, consumers are more likely to start off by borrowing them rather than immediately buying them in droves. Ride-hailing systems may provide the first avenue for self-driving cars to reach the masses, but it doesn’t ensure those platforms will own the market in perpetuity. Uber and Lyft have replicable technology and riders go where the quickest and cheapest rides are advertised. Uber CEO Travis Kalanick acknowledged as much in an interview with Business Insider last year. “What would happen if we weren’t a part of that future? If we weren’t part of the autonomy thing?” he pondered. “Then the future passes us by basically, in a very expeditious and efficient way.” The question of course, for Uber, Lyft, Gett, and all the other ride-hailing platforms, is: How do you maintain your value in the face of self-driving technology that will make your business irrelevant? While Uber does have a partnership with Mercedez-Benz, it has largely approached this task through dumping money into building autonomous driving research labs. It has usurped researchers from Carnegie Mellon. It has acquired a contentious self-driving truck startup with roots at Google. Most recently it put together a lab in Canada headed by University of Toronto artificial intelligence researcher Raquel Urtasun. Still, even if Uber were to create a compelling self-driving technology, what then? It could license the technology to car manufacturers or alternatively start making its own vehicles with the tech baked in. Manufacturing cars, however, is no easy feat, and Uber hasn’t provided much insight into how it will pull off owning its own fleet of self-driving cars. What that means is that even though Kalanick saw the tidal wave coming, Uber might still get wiped out. Lyft, on the other hand, isn’t investing in building a driverless future, but it is working toward one. Lyft’s agreements to add GM and Waymo self-driving cars to its fleet could help it tailor its algorithm to better serve autonomous cars and the way that people use them–it’s a learning opportunity. “These partnerships will allow Lyft to work out how to distribute the vehicles for maximum efficiency and utilization,” says Abuelsamid. A platform well-suited to self-driving cars may not ensure Lyft’s fate as a stand-alone company. Though its deals with car providers might not currently affect its bottom line, eventually self-driving carmakers will want a cut of Lyft fares. It will be their autonomous hardware that enables Lyft to offer cheap rides with an incredible upside–not having to pay drivers anymore. And ultimately, carmakers will just want to own the transportation service itself. In this way, with its multiple partnerships and its software finely tuned, Lyft could be an attractive acquisition target. Joining forces with another company also seems to be a route that Lyft is comfortable with. The company was at one point looking to be bought for $9 billion, according to a Recode report from last year. Asel cleverly cited Amara’s law in his report. “Our tendency is to overestimate short-term impacts while underestimating long-term impacts.” Uber and Lyft may have multibillion dollar valuations bolstering them up, but that doesn’t guarantee their success. Autonomous cars still have many barriers to getting on streets, including a yet to be seen regulatory framework that allows them to operate. The technology is also not yet satisfactorily proven. As the space evolves, it may turn out that car companies are the architects of the self-driving car ecosystem, while Uber and Lyft are just components. Even if driverless cars are what ultimately steer Uber and Lyft into sustainable profitability, they may only be able to hold on to it briefly as the companies that make autonomous cars tug away their users with comparable platforms or buy them outright. These days, the attention is on the platforms, their battles for supremacy, and how they affect drivers and riders. Perhaps more attention should be paid, instead, to the companies actually building the cars.
News Article | May 22, 2017
CHICAGO--(BUSINESS WIRE)--Navigant (NYSE: NCI) today announced six senior-level industry experts have joined the company’s growing global Energy segment John Roddy, managing director; Ted Walker, managing director; René Groot Bruinderink, director; Andrew Johnston, director; Laura Manz, director; and Konstantin Staschus, director, are seasoned energy industry experts with the unique insights clients rely on to adapt and thrive in a changing energy landscape. Roddy brings a deep knowledge of strategy and operations to ensure utility clients are maximizing their investments, while Walker’s rich knowledge and vision related to the energy transformation offers stability in a time of uncertainty. Johnston takes a strategic and client-centric approach to smart city opportunities by focusing on local contexts and precedents, and Groot Bruinderink relies on an understanding of the link between government policies, technological innovation, and end-user needs to create low carbon strategies for clients. Manz uses her expertise in transmission and performance excellence to offer guidance and source innovative solutions, and Staschus, the former secretary-general of the European Network of Transmission System Operators (ENTSO-E), applies his knowledge in solving client business and strategic problems with a focus on transmission. “Collectively, John, Ted, René, Andrew, Laura, and Konstantin represent more than a century of relevant experience, and individually they are already helping our clients navigate a steady path forward based on strategic advice and unique industry perspectives,” said Jan Vrins, managing director and leader of Navigant’s global Energy segment. “We view their hiring as an investment in Navigant’s future and specifically as an investment in our clients and the trust that they place in us to assist in the complex decisions around emerging technologies, industry changes, and operational excellence.” With more than 25 years of utility industry experience, Roddy is passionate about leveraging his expertise in strategy and operations to assist clients with business and technology planning. He is a trusted advisor on wholesale and retail electric markets, technology assessment and road map planning, business architecture solutions, smart grid/smart metering, business process/performance improvement, and revenue cycle systems. Roddy’s career spans the majority of the utility value chain and encompasses U.S. and international engagements with utilities, regional transmission organizations/independent system operators, energy merchants, industry suppliers, municipalities, professional service firms, and research organizations. Prior to joining Navigant, Roddy operated his own consulting firm, was a leadership partner in Accenture’s North American Utility Practice, and served as the senior executive lead of strategic programs for Black & Veatch’s management consulting division. A key leader in the areas of strategy, policy, and regulation, Walker uses his expertise to hone in on energy company growth opportunities and help clients thrive alongside the changing role of the utility in an evolving energy ecosystem. His knowledge spans the areas of energy retail, transmission and distribution, customer front and back-office, and shared services. Walker also has significant experience working with medium and large electric and gas utilities to develop and plan strategies that extend beyond the business as usual mindset. Prior to joining Navigant, Walker served as a managing director in Accenture’s Utilities Strategy practice. His content focus areas include distributed energy resources, alternative transportation fuels – including electric vehicles, non-commodity products and services, digital customer transformation, innovation strategy, mergers and acquisitions, and emerging technologies, with a particular depth in blockchain. Dedicated to sustainability, Groot Bruinderink focuses on helping clients transition their businesses toward a low carbon future, while capturing short-term business opportunities as well as dealing with reorganizational transitions arising from the energy shift. He is skilled at developing tailor-made proposals to help clients realize sustainable and profitable products and business models. With more than two decades of consulting experience for large corporations and energy companies, Groot Bruinderink has served clients across the retail, utilities, and telecom sectors, in addition to the construction and chemical industries. He spent nearly 10 years at RWE and its successor Innogy, predominantly as a partner responsible for the in-house consulting unit in the Netherlands and Belgium. Groot Bruinderink is a former director of Essent’s strategy department and has also served as a senior manager at Arthur D. Little. With a background spanning the energy, technology, policy, and urban planning sectors, Johnston works to achieve strategic technology implementation among utility clients, cities, manufacturers, and third-party groups. As an expert in aligning policy and program execution with the larger strategic priorities of utilities, his focus also addresses the areas of independent evaluation, quantitative and qualitative analysis, contingency planning, market analysis, and competitive intelligence. Prior to Navigant, Johnston was president of ETS, for Zpryme. He has also served in a variety of roles at organizations centered around emerging technology, including Austin Energy and Pecan Street Inc. Johnston is a former chief of staff to economic and social theorist Jeremy Rifkin and is the 2014 recipient of the Austin Under 40 Award for Energy & Technology. Focused on utility operations and performance excellence, Manz leverages her expertise in transmission planning and grid operations to provide the insights clients need on pressing industry topics. With more than 30 years of related experience, she is well-versed in the areas of transmission planning and technical studies, policy, bulk grid reliability requirements, generator interconnections, advanced grid technologies, the effects of distributed generation on the power grid, and, particularly, independent system operator requirements and trends. Prior to joining Navigant, Manz was instrumental in forming PJM and its signature nodal market design. She has also managed her own consulting practice with projects in every interconnection in North America. Most recently, Manz was a vice president of market and infrastructure development for the California ISO and a senior vice president at Viridity Energy. Her utility experience also extends to San Diego Gas and Electric, Southern California Gas Company, and Public Service Electric and Gas Company. Manz is a senior member of the Institute of Electrical and Electronics Engineers and a member of Cleantech San Diego’s Education and Outreach Committee. An expert in EU energy policy, and the former Secretary-General of ENTSO-E, Staschus focuses on advising European transmission system operator clients and working to shape markets, grids, and systems for the energy transformation. Drawing on more than 30 years of industry experience, Staschus leverages strengths in multicultural management to combine business value with public interest thinking, relying on a technical, economic, and analytical approach. While at ENTSO-E, Staschus contributed to network code drafts, 10-year network development plans, and a transparency platform for EU-wide fundamental electricity system data. In his new role, he continues to chair two of the organization’s research and development committees. Prior to Navigant, Staschus served as a member of BDEW, Berlin’s association of energy and water industries, as managing director of VDN, Germany’s association of network operators, and in roles at the association of German TSOs, DVG, as well as Pacific Gas and Electric. Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
News Article | June 21, 2017
CHICAGO--(BUSINESS WIRE)--Navigant (NYSE: NCI) announced today that its Global Construction practice has been named Construction Expert Witness Firm of the Year in Who’s Who Legal 2017, a comprehensive, global guide for leading professionals. Who’s Who highlights the world’s best expert witnesses who provide testimony in construction disputes. Navigant’s team of experts from across the U.S., South America, Europe, the Middle East, and Asia were previously recognized as leading professionals by Who’s Who Legal. “To be named Construction Expert Witness Firm of the Year is a significant accomplishment,” said Darin L. Buchalter, Global Construction practice leader. “This award is further validation that owners, contractors, insurers, government, and their counsel around the world rely on us for sophisticated advisory and expert services.” As an expert business, exceptional talent is the basis for Navigant’s Global Construction practice. Averaging 28 years of experience, Navigant’s 190 Global Construction professionals possess the technical and practical expertise in finance, accounting, architecture, engineering, real estate, insurance, project management, program management, and construction management. Navigant delivers advisory and expert services to hundreds of projects annually in a variety of industries, across a wide variety of asset types, globally. Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at navigant.com.
News Article | June 26, 2017
Orlando, Fla., June 26, 2017 (GLOBE NEWSWIRE) -- Providers are struggling to maximize the benefits of innovative technology to better manage uncompensated care and revenue integrity, according to a Healthcare Financial Management Association (HFMA) / Navigant survey of 125 hospital and health system chief financial officers (CFOs) and revenue cycle executives. When asked which revenue cycle capability their organization is most focused on for improvement over the next year, 79 percent of respondents suggested technology-related capabilities, including business intelligence analytics, electronic health record (EHR)-enabled workflow or reporting, revenue integrity, and coding and physician/clinician documentation. Not surprisingly, nearly three out of four executives say their RCM technology budgets are increasing, with 32 percent suggesting an increase of 5 percent or more. Among them, 77 percent of small hospitals (less than 100 beds) and 78 percent of medium-sized hospitals (100 to 500 beds) are projected to increase spending, survey results suggest. Budgets are on the upswing, but providers are struggling to leverage the power of technology — and EHRs in particular — to drive process improvement and long-term success: “Healthcare providers are actively searching for technologies which advance the quality, efficiency, and fiscal viability of care delivery in order to respond to ongoing reimbursement and resource constraints,” said Mary Beth Briscoe, CFO of UAB Hospital and UAB Medicine Clinical Operations. “As new technologies are implemented, it is critical to understand and plan for linkages across clinical and financial activities to optimize workflow and reporting in both environments. By adopting a holistic approach to technology evaluation and design, providers should benefit from automation, scale, and process improvement, thus positively impacting quality and financial outcomes.” Although revenue integrity was cited by 22 percent of respondents as the top RCM focus area for the coming year, just 44 percent say their organizations have established revenue integrity programs. Revenue integrity is the internal process or function of ensuring that revenue is accurate in coding, appropriate in charge capture, contains reasonable pricing for services that are being provided, and complies with laws and regulations. A strong program should yield reliable financial reporting and effective and efficient operations. Those providers with revenue integrity programs are achieving significant benefits, including increased net collections (68 percent) and charge capture (61 percent), and reduced compliance risks (61 percent). “Revenue integrity should be the glue that binds clinical operations with coding and business office functions,” said Jake Morris, managing director at Navigant. “It’s clear that providers with established revenue integrity programs are benefiting from them, and expanding their scope will help yield long-term financial reporting reliability and operational efficiencies.” Consumer responsibility for healthcare costs will continue to affect providers, and there are opportunities to more holistically educate patients and predict their propensity to pay. More than 90 percent of respondents believe that the increase in consumer responsibility will continue to affect their organizations. Among them, almost twice as many rural executives (58 percent) believe that the impact will be significant, as compared with urban respondents. Providers are starting to access more consumer-friendly means to enable patient payment, with 93 percent of respondents offering an online payment portal and 63 percent offering cost-of-care estimation tools. But leveraging innovative technology is again proving to be a challenge: just 14 percent of respondents use advanced modeling tools for segmenting and predicting propensity to pay, with fewer than one in four using a data source or external partner. “It is essential for healthcare leaders to apply a discipline to patient financial communications. This should include when and where conversations may be conducted, who should be engaged, and guidance for discussing issues such as financial assistance and prior balances,” said Sandra J. Wolfskill, FHFMA, director of healthcare finance policy, revenue cycle MAP for HFMA. Navigant Consulting, Inc. (NYSE: NCI) is a specialized, global professional services firm that helps clients take control of their future. Navigant’s professionals apply deep industry knowledge, substantive technical expertise, and an enterprising approach to help clients build, manage, and/or protect their business interests. With a focus on markets and clients facing transformational change and significant regulatory or legal pressures, the firm primarily serves clients in the healthcare, energy, and financial services industries. Across a range of advisory, consulting, outsourcing, and technology/analytics services, Navigant’s practitioners bring sharp insight that pinpoints opportunities and delivers powerful results. More information about Navigant can be found at www.navigant.com. With more than 40,000 members, the Healthcare Financial Management Association (HFMA) is the nation's premier membership organization for healthcare finance leaders. HFMA builds and supports coalitions with other healthcare associations and industry groups to achieve consensus on solutions for the challenges the U.S. healthcare system faces today. Working with a broad cross-section of stakeholders, HFMA identifies gaps throughout the healthcare delivery system and bridges them through the establishment and sharing of knowledge and best practices. We help healthcare stakeholders achieve optimal results by creating and providing education, analysis, and practical tools and solutions. Our mission is to lead the financial management of health care. Learn more at www.hfma.org. A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/cd9cc009-11b4-4415-bb16-4e747ba5c342