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Digital Sandbox Marks 10 Years of Delivering Risk-Management Solutions
Thursday, December 04, 2008
Launched to Meet Overseas Security Challenges a Decade Ago, Company Now a Leading Provider of Risk Analysis and Risk Management for Homeland Security
MCLEAN, Va., Dec. 4 /PRNewswire/ -- Northern Virginia-based Digital
Sandbox, Inc. recently celebrated its tenth year of providing advanced
risk-management software and analysis services to U.S. national security,
homeland security, and state and local public safety organizations. The
company was founded in 1998 by Anthony F. Beverina and Bryan S. Ware after
winning a competition against National Labs and multi-billion dollar
government integrators. As explained by Ware and Beverina, the Digital Sandbox
solution for analyzing the risk of terrorist attacks against U.S. interests
worldwide proved to be the most innovative.
"At the time, the pressure was mounting on the federal government to get a
better handle on the growing risk of terrorism," remembered Ware, company CEO.
"We came in with a fresh look at the problem and in an innovative,
analytics-based way to understand where and how we were at risk."
"Our products and go-to-market strategies look totally different today,
but the influence of our early thinking and innovation is unmistakable," added
Beverina, company president. "From the start, our algorithms and methods were
designed to accommodate the growing needs of our clients, allowing them to
also manage the risks of natural hazards such as hurricanes and floods."
Beverina noted that, along with the innovative adaptability of its algorithms,
Digital Sandbox holds three U.S. patents in analytic risk management and has
others pending, all of which have evolved from the company's initial
innovations.
Since 1998, Digital Sandbox has received multiple rounds of venture
investment and has stocked its board with industry veterans. The company has
grown significantly and has delivered products and solutions to organizations
from the Department of Defense, intelligence community, Department of Justice,
and Department of Homeland Security, as well as state and local governments,
and commercial industry. Its solutions support a diverse set of uses,
including strategic allocation of $3B+ in Homeland Security grants annually,
along with the latest effort -- operational risk management for Super Bowl
XLIII in Tampa, Florida in February 2009.
"Digital Sandbox clients face a daunting array of risks to their people,
assets, and operations," explains CTO Robert S. Kerr, himself a founding
member of the company. "Our software and analytics help them assemble all
available information, which can then be combined with the data we generate
about threats and hazards. The result for our clients is the clearest possible
risk picture, which informs what they can do to best mitigate the situation."
As further explained by Kerr, Digital Sandbox's patented analytics are
delivered to clients either through the company's flagship software suite,
Site Profiler(R), or through managed risk services. The latest version of Site
Profiler(R), version 4.4, is at the heart of the company's highly regarded
Risk Analysis Center (RAC), which was rolled out last year, and allows
organizations or jurisdictions to implement comprehensive risk management
programs. According to Kerr, it provides an unmatched means of collecting,
analyzing, and reporting risk data, and is fully supported by constantly
updated homeland security information and interpretation from Digital Sandbox
risk industry experts.
"The RAC gives us a highly flexible way to deliver managed risk services,"
explains Beverina. "Our state and local customers tend to use Site Profiler
to manage their data collection, analysis, and reporting of risk information,
but still need our expert counsel to help them interpret risk results to apply
for funding, allocate resources, and plan security and response operations.
Federal and commercial clients tend to leverage our analytics through a
managed services arrangement where Digital Sandbox analysts and customer
analysts work together to solve their strategic risk management challenges."
Beverina further noted that the RAC gives Digital Sandbox the means to serve
individual client needs, cross-feeding ideas and methods throughout federal,
state, and local governments, as well as commercial markets.
"In the late 90s, the idea of automating risk analysis was practically
heresy, but we believed we could do it with our new analytic ideas and a
strong commitment to building products the right way." said Linwood Hudson,
director of product engineering and also a company co-founder. "By leveraging
commercial technology, Digital Sandbox has been able to integrate with
geospatial systems and other enterprise systems to find exciting new ways to
help our clients manage risk."
Digital Sandbox provides analytic tools and information products to
government agencies and large enterprises, enabling them to optimize their
strategic, policy, and budgetary decisions against terrorism and natural
hazard risks. Since 1988, Digital Sandbox's analytic risk management
solutions have helped customers in the National Security, Homeland Security,
and Corporate Security fields to lower their risk exposure, increase their
risk management budgets, and maximize their finite resources. Visit Digital
Sandbox on the Web at www.dsbox.com .
SOURCE Digital Sandbox, Inc.
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