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Recent News about Novetta Solutions

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Novetta, now part of Accenture Federal Services, is a technology company that specializes in providing advanced analytics and disruptive technology solutions to federal, defense, and intelligence clients. The company operates in the government technology market, focusing on making the federal government more innovative, agile, and secure.

Novetta's core offering includes AdaptNLP, a high-level framework and library designed for running, training, and deploying state-of-the-art Natural Language Processing (NLP) models. This tool is built on top of two open-source libraries, Transformers from Hugging Face and Flair from Zalando Research. AdaptNLP simplifies the use of advanced NLP models, making them accessible to a wide range of users, from beginner Python coders to experienced machine learning engineers. It supports deep learning language models like BERT, XLNet, GP2, and T5, allowing users to train, fine-tune, and run pre-trained models.

The company's business model revolves around providing scalable, mission-focused solutions through contracts with various federal agencies. Novetta holds several key contracts, including CIO SP3, OASIS, RS3, GSA Multiple Award Schedule, and Seaport NxG. These contracts enable Novetta to deliver its advanced analytics and technology solutions to its clients, ensuring a steady revenue stream.

Novetta makes money by securing and executing these government contracts, providing tailored solutions that address the specific needs of its clients. By leveraging its expertise in advanced analytics and disruptive technologies, Novetta helps its clients achieve their goals more efficiently and effectively.

In summary, Novetta is a technology company that delivers advanced analytics and disruptive technology solutions to federal, defense, and intelligence clients. It operates in the government technology market, providing scalable, mission-focused solutions through various federal contracts.

Keywords: advanced analytics, disruptive technology, federal clients, defense, intelligence, NLP models, AdaptNLP, government contracts, scalable solutions, mission-focused.

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Investments by Novetta Solutions

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White Cliffs Consulting
ACQUISITION by Novetta Solutions Aug 2012
IBG
ACQUISITION by Novetta Solutions Sep 2012
White Oak Technologies
ACQUISITION by Novetta Solutions Mar 2012
Global News Intelligence
ACQUISITION by Novetta Solutions Jul 2014
Berico Technologies
ACQUISITION by Novetta Solutions Nov 2018