News Feed Item

Fiscal Year 2014: The Power of Booz Allen Hamilton’s Innovation Stands Out in “Reaching Forward: Inventing the Future”

The challenges that face Booz Allen Hamilton’s (NYSE: BAH) clients are as diverse as their organizations. Yet, one thread unites them—a pressing need for unique solutions combined with funding, workforce, and resource constraints—whether it is the U.S. Army protecting globally deployed conventional and Special Operations forces from improvised explosive devices, senior executives at Wall Street firms developing cyber risk management plans or the Department of Labor consolidating its information technology function all the while dramatically improving service in the wake of federal mandates.

Every day Booz Allen generates innovative ideas that meet demands such as these from a variety of sources, including partnerships with start-ups, strategic alliances with third parties and the creation of the Strategic Innovation Group, which began with an initial $40 million investment and is capturing smart thinking from across the firm, building solutions around the strongest ideas. Also, annual employee events such as the Ideas Festival and its Combustion Chamber programming reflect the firm’s culture of collaboration and its unique approach to innovation.

Booz Allen Hamilton’s approach to meeting these challenges is featured in its Fiscal Year 2014 annual report, “Reaching Forward: Inventing the Future,” available online at http://www.boozallen.com/about/annual-report/annual-report-fy2014. Documenting proud moments such as delivering efficiencies to the Center for Disease Control and Prevention to keep all children immunized and building a system for the U.S. Air Force to simulate aircraft flight operations and create a realistic, adaptable training system, the annual report showcases how Booz Allen’s 22,000 employees are committed to building on the firm’s legacy as the premiere consultancy by infusing innovation into client service.

In Fiscal 2014, Booz Allen marked its centennial anniversary and implemented its Vision 2020 strategy, pivoting its business toward new growth areas including cyber, technology and engineering, and the commercial and international markets. During this time, Booz Allen marked several accomplishments such as Training magazine naming its Cyber University Program as an Outstanding Training Initiative of 2013 and again being named to Fortune magazine’s list of “The World’s Most Admired Companies,” In 2014.

“One hundred years since our founding, Booz Allen today remains intensely focused on our clients’ core missions—and we are meeting a changing marketplace head on with pioneering, new technologies and a pivot to areas in which we see greater growth potential,” said Ralph W. Shrader, Chairman & Chief Executive Officer. “We are entering our second century with a deep commitment to our clients, our communities and to the veterans who serve us. Our continued investment in the future, which is illustrated in our annual report, has positioned Booz Allen to thrive.”

This year’s annual report features snapshots of high-impact work, including:

  • Mesh Technology Sets New Performance Standard for Wireless Technology – how Booz Allen’s support of the US Army Logistics Innovation Agency to develop technology that delivers near real-time tracking and visibility of data on vehicles, containers and assets improved efficiency and lowered costs
  • Security Framework Keeps Oil Flowing in the Middle East – how a cross-functional Booz Allen team supported the Abu Dhabi Company for Onshore Operations (ADCO) in taking a proactive approach to managing its risk exposure to cyber threats by helping to create an innovative security program with the goal of achieving ISO 27001 certification
  • Long-Term Partnership Enhances Public Health and Safety – how Booz Allen’s 16-year relationship with the Food and Drug Administration’s Center for Biologics Evaluation and Research (CBER) is assisting leadership in modernizing its IT portfolio, which has transformed the response process and expedited the timeline for the analysis and review of new vaccines for the market.

These and other case studies documenting team collaboration, innovation and client commitment are available throughout the annual report.

About Booz Allen Hamilton

Booz Allen Hamilton is a leading provider of management consulting, technology, and engineering services to the U.S. government in defense, intelligence, and civil markets, and to major corporations, institutions, and not-for-profit organizations. Booz Allen is headquartered in McLean, Virginia, employs more than 22,000 people, and had revenue of $5.48 billion for the 12 months ended March 31, 2014.


More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
As you move to the cloud, your network should be efficient, secure, and easy to manage. An enterprise adopting a hybrid or public cloud needs systems and tools that provide: Agility: ability to deliver applications and services faster, even in complex hybrid environments Easier manageability: enable reliable connectivity with complete oversight as the data center network evolves Greater efficiency: eliminate wasted effort while reducing errors and optimize asset utilization Security: implemen...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
@DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises - and delivering real results.