WASHINGTON, Nov. 24, 2020 (GLOBE NEWSWIRE) — Avascent, the main international aerospace, protection and authorities know-how consultancy, introduced at the moment the sale of its protection market analytics enterprise, in any other case generally known as the World Platforms & Programs (GPS) subscription service, to Janes, the trusted international company for open-source protection intelligence.
“We’re extraordinarily proud to have grown GPS into the main supply of market forecast knowledge to main protection firms over the previous decade,” mentioned Steve Irwin, Avascent President. “We perceive that to compete within the more and more crowded knowledge subscription market requires continuous funding in new capabilities and knowledge assets. By way of the course of in depth discussions, we concluded that promoting the enterprise would finest serve the pursuits of Avascent, our shoppers, and the GPS staff.”
Avascent will proceed its central deal with rising and diversifying its consulting companies, with an emphasis on broadening its capabilities to handle the complete spectrum of strategic and administration challenges confronted by its shoppers whereas using refined methodologies and digital decision-making instruments. For over three a long time, Avascent has helped company leaders, buyers, and authorities companies meet their goals and place for achievement throughout a spread of government-driven market sectors.
Doug Berenson, Avascent Managing Director and head of Avascent Analytics, will help the supply of GPS by way of a transitional interval to make sure that shoppers expertise no disruption within the high quality of the product or the attendant help companies. This work is one factor of a broader cooperative association between Avascent and Janes designed to establish future joint alternatives to serve their respective shoppers.
“Given the confirmed capabilities of the GPS dataset, we’ll proceed to make use of it in our consulting work and look ahead to benefiting from the developments the Janes staff has deliberate for the device,” Berenson commented. “Certainly, we anticipate that our deep understanding of the GPS device and its capabilities will proceed to be a supply of differentiation whereas additionally permitting us to establish collaborative initiatives that capitalize on the very best of each firms’ capabilities.”
“GPS brings a extremely complementary functionality into the Janes ecosystem of related knowledge that our prospects belief of their most important choices, making certain that we’ll proceed to ship the target open-source intelligence and analytics that the world of protection and safety depends upon,” mentioned Blake Bartlett, CEO of Janes. “I’m additionally delighted to be establishing a framework for collaboration, making certain we will optimize our respective options to prospects the place a mix of Janes and Avascent experience is the suitable strategy.”
Avascent is the main technique consulting agency serving shoppers working in government-driven markets. Working with company leaders and monetary buyers, Avascent delivers refined, fact-based options within the areas of strategic development, worth seize, and mergers and acquisitions help. With deep sector experience, analytically rigorous consulting methodologies, and a uniquely versatile service mannequin, Avascent supplies shoppers with the insights and recommendation they want to reach dynamic buyer environments. To seek out out extra about Avascent, go to: avascent.com.
About Janes (www.janes.com/whatwedo)
The Janes stamp of belief means supplying our prospects with well timed, validated, unbiased and related intelligence in a world crowded with more and more unreliable data. With an unmatched legacy of greater than 120 years, Janes has tailored, expanded, and developed its distinctive tradecraft whereas transitioning from a standard navy writer to the main international company for open-source protection intelligence.
Janes was began by naval fanatic Fred T. Jane in 1898 to doc the world’s combating ships. Janes has since developed right into a supplier of distinctive, proprietary open-source knowledge, with a world staff of just about 400 subject material specialists delivering evaluation spanning 41,000 items of kit throughout air, land and sea, and greater than 600,000 occasions that affect threat or safety. Janes grew to become an unbiased enterprise in December 2019 beneath the possession of Montagu Non-public Fairness.