RESTON, Va.--(BUSINESS WIRE)--Octo today announced it has been awarded a spot on the United States Patent and Trademark Office (USPTO) Intelligent Automation Innovation Support Services (IAISS) blanket purchase agreement (BPA). Octo will provide piloting, testing, and implementation of intelligent automation/artificial intelligence (AI), blockchain/distributive ledger technology, microservices, machine learning, natural language processing, robotic process automation, and other emerging technologies designed to enhance mission delivery and business processes. The contract term covers five years and has a total value of $50 million.
The award follows Octo’s long-term plans to expand its AI offerings. “Octo has focused attention on emerging technologies for over a decade,” said Octo Executive Vice President Charlie McQuillan. “This opportunity allows us to bring the most current research and development to USPTO while continuing to support them with core services we’ve been providing since 2014. We are excited to build on our current relationship and help move the agency forward through advanced innovation and automation.”
Octo plans to bring the power of these emerging technologies to our existing and new clients, whether in commerce, health care, defense, or intelligence. “With the massive amounts of data out there, the future of agency success is in AI and other disruptive technologies. We’re really happy to support USPTO and their move to the forefront of employing these emerging technologies,” Octo’s CEO Mehul Sanghani said.
Octo challenges the status quo, empowering federal agencies to leap IT hurdles by using emerging technologies to create transformative solutions that enable rapid modernization, enhance citizen engagement, and maximize human impact. We continually explore ways to transform IT, producing results vital to national security, intelligence, health care, and more.
Headquartered in Reston, Virginia, Octo is a technology firm dedicated to solving the Federal Government’s most complex challenges with Artificial Intelligence, Blockchain, Agile DevSecOps, Cloud Engineering, Open Source, Cybersecurity, and Data Analytics solutions. Octo enables the government to modernize faster and meet the needs of rapidly changing missions with agility. Our approach is collaborative, and our outcomes are superior. Visit octoconsulting.com.