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Grow Your Local Economy With GovTide Technology

Grow Your Local Economy With GovTide Technology. By Advanced Internet Technologies, Inc. http://www.AIT.com . AIT, Inc. Overview. Privately-held Fayetteville, North Carolina based firm started in 1995

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Grow Your Local Economy With GovTide Technology

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  1. Grow Your Local Economy With GovTide Technology By Advanced Internet Technologies, Inc. http://www.AIT.com

  2. AIT, Inc. Overview • Privately-held Fayetteville, North Carolina based firm started in 1995 • Specializes in Internet-based products and services, web hosting, domain registration and IT solutions • Service-disabled veteran-owned business • One of the largest web hosting firms in the world • 200,000 active domain businesses for clients • 137 countries around the globe • Data Center located in Fayetteville, NC • In-house design and development staff, not outsourced to any other location or company

  3. What GovTide IS NOT! No Asset Management No meaningful Reports Data is everywhere Confusing Customer Service • Problems • Unnecessary Duplication • Wasted Resources • Lacks Interoperability • Little Transparency • Confuses Users • Misses Opportunities • Ineffective Reporting Missing Federal and State Contracts Failure to Recruit & Retain Businesses Procurement Waste & Abuse Poor online Payment E-Commerce Systems Missed Revenue Opportunities The Proverbial Puzzle Palace of Government

  4. So What is GovTide? • In short, GovTide is a Government –to-Business-to- Employment Portal (GBE). 1. E-Procurement transparency, savings, local 2. Asset Management once Assets are Procured 3. Federal and State Contract Feeds Targeted to Community 9. Option to Create Local Social Network Economic Development Engine 8. Custom Analytics & Intelligence Reports Recruit, Retain & Invest in NC Business 7. Provides Superb Customer Service Experience 5. Advertising Module To Self-Fund or Increase Revenue Inflows 6. E-Commerce to Process Transactions A Fully Integrated, Hosted, Economic Development System w/Centralized Data To Implement Effective Public Policy & Programs.

  5. Working Together The number of governments in the U.S. in 2012 was89,004. 1 Federal, 50 State, and 88,953 Local governments. Federal government spending was 35% of GDP in 2010.   State and local government spending was 20% of the U.S. GDP in 2010. The federal, state and local governments in the U.S. spend approximately 55% of the GDP. So what’s the bottom line? Businesses and Government must do Business Together

  6. First Implementation of GovTide • MatchForce.org • Run by the State of NC via NCMBC • Started in 2004 • State of North Carolina has spent over $4M in enhancements, but yielded $3.5B in Federal contracts • Goal: Keep Federal contract dollars within the state through NC Businesses. • Over 50,000 users

  7. Testimonials • “GovTide has been absolutely essential to engaging nearly 20,000 businesses in the federal market, connecting them daily to federal opportunities and to helping them win over 1,650 contracts – worth at least $3.5 billion.  These contracts have generated over $275 million in State tax revenue, generated a 28:1 return on investment in the NCMBC, expanded our tax base statewide and generated better quality of life for all citizens in North Carolina.  GovTide is a winner.” • Scott Dorney, Director • North Carolina Military Business Center “I believe so strongly in the GovTide technology that it was a critical component of an economic development bill I sponsored last year. The mission is to help our state’s small and mid-sized businesses compete for and win federal contracts. GovTide is going to prove a tremendous means of creating new jobs and expanding the tax based for communities across North Carolina.” Senator Anthony E. Rand (D) Cumberland, Senate District 24 2001-2009 North Carolina General Assembly “It’s working in North Carolina and it can work in any other state. GovTide is a smart use of technology for economic expansion. What sets GovTide apart is the ability it gives small business, the heart of this nation’s economic structure, to beat faster and stronger. For the unfamiliar, the federal contracting process can be daunting. For small business, it can mean a significant investment of time with little return. Business can’t succeed and grow without a chance. GovTide gives them that chance.” Representative Robin Hayes (R) NC District 8 1999-2009 United States House of Representatives

  8. Can you answer these? • Which vendors are within the community? Outside of the community? • What ones are small business? Service-disabled veteran owned business? Minority-owned business? Women-owned business? • How much savings did we gain from using an online system? • What is our strongest industry? • What is our weakest industry and where are we missing federal, and state contracts? • Are there synergies or partnershipsin your community that can be used to benefit the community? (e.g. 8a partner with Remington)

  9. Government Features & Benefits Solicitation Posting (Request for Proposal and Reverse Auction) Benefit: Transparency, Competition, and Savings of 9 to 11%* • Custom Analytics & Intelligence Reports • Benefit: Powerful analytics to make smart economic development decisions Already successful with MatchForce.org for State of NC Benefit: $3.5B* in federal contracting dollars directly to NC businesses 4th Patented PPC Advertising Module Included • Benefit: Help promote local businesses, and potentially self fund *VentureStats & GovTide installs

  10. User Levels / Dashboards Local Government Admin User • View Industry Strengths and Weaknesses & other Analytics • Search for opportunities • Create requirements for purchasing • Local Procurement Online • Federal & State Contract Feeds • Federal Grant Feeds • Revenue Share Back to Community

  11. User Levels / Dashboards Business User • Find Local, State and Federal Contracts • Team with other Businesses • Post Jobs and Search for Employees

  12. User Levels / Dashboards Purchasing Agent /Contracting Officer • Post RFP Bids • Post Reverse Auction Bids • Search for Businesses • Receive Matches to Bids

  13. User Levels / Dashboards Individual / Job Seeker • Post Resume • Search for Jobs • Match to Job Postings

  14. Smart Economic Development Smart Economic Development Recognizes Every Community is Unique • Robust Economy = Sustained Growth, Industry Diversity & Constant Innovation • Local Development = Vertical + Horizontal leveraging existing strengths. Constant evolving, relevant business data • Job Creation = Retention, Attraction & Adaptation through Training & Education Grassroots Economic Development From the Bottom Up

  15. Growth, Economic Diversity, and SWOT Economically Stagnant Economically Diverse Economic Development Arm: “Drive more businesses within these industries to move to the City.” • Benefits: • Increase in tax base • Decrease in contracts given to outside businesses Growing a Diverse and Prospering Economy

  16. Economic Impact of Local Purchases 52% Advantage for local business NC Senate Bill 232 – Local Preference For every dollar spent on local businesses… The local economy gets $.73 back. For every dollar spent on non-local businesses… The local economy gets only $.38 back. Less than ½ the original investment. Source: Robert Ware, Business Awareness

  17. Economic Impact Example Government issues contract for 10 rakes to be purchased… Vendor A Local business Bids $125 for a contract for 10 rakes Vendor B Non-Local business Bids $100 for a contract for 10 rakes Vendor A should win due to being local, and having a 52% advantage for boosting local economy.

  18. Advertising Revenue Options

  19. Hire, Train, Deploy Vets Included FREE with GovTide: • 2 hour training for vendors/businesses • 2 hour training for government staff, and management (train the trainer) • 2 hour training for purchasing agents Veterans hired as Trainers/Account Managers • Constant pipeline of skilled workers (MOS to ACE to Employed)

  20. Next Steps G Federal, State and Local Procurement feeds Results B Business Registration with NAICS and Keywords Accurate & Evolving Economic Modeling, Analytics to Support Smart Policy Decision Economic Development Engine E Individual resume and job skills; Employment Security Commission

  21. GovTide and AlwaysOn “AlwaysOn is committed to plugging its network of venture capital and private equity firms looking to fund growth opportunities into the GovTide.com network” Tony Perkins, Founder, CEO & Editor, AlwaysOn Founder, Red Herring

  22. Hidden Costs of “Software” Competitive Client/Server Pricing Model 75% Subscription Fee 9% Software Licenses Implementation Customization & Training Customization &Implementation 43% 25% 26% Hardware 14% IT Personnel Maintenance & Training 8% HIDDEN COSTS Source: IDC

  23. Live Demo

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