The Hull College of Business at Augusta State University turned in its economic commentary on the first half of the year.
The unemployment rate is high and so are consumer prices, but there are a few bright spots with more building permits and fewer people joining the unemployment line.
The leading economic indicacators index at ASU increased slightly – 0.6 percent – over the course of the six months.
TARGETING ARMY APPS: A4 Solutions, a disabled veteran-owned small business which does business with defense department entities in Augusta, has been renamed Metova Federal Services. A4 Solutions, which has staff working in the Battle Lab at Fort Gordon, became a majority investor in Metova, which is a custom mobile app developer based in Nashville.
The combination of the two companies puts them into a position to get involve in the government mobile app market, which has been growing in the last six months. In March, the Army launched its Army Software Marketplace prototype to deliver mobile training apps for soldiers to use on personal smartphones and tablets.
The road is now there, said Metova founder Kevin Ross. “This unprecedented ability to distribute mobile applications in the federal marketplace will provide vast growth and innovation opportunities for Metova,” Ross said.
Company officials say they plan to add employees here in Augusta. The entire firm, with people in Arkansas and Washington, D.C., employs 62.
ETHERNET: A Petaluma, Calif., company called Cyan hit the business wire touting that it had been selected by Columbia County to be the vendor providing the software package that will manage the new 220-mile broadband network that went in the ground.
Columbia County will use (jargon alert) Cyan Z-Series packet-optical transport platforms to deliver Ethernet services at speeds up to 10 Gbps.
The county will construct and connect high-speed fiber and Ethernet services to seven wireless towers that will be available for lease by wireless service providers to reach the 60 percent of the service area that is currently underserved. Columbia County will also lease fiber and offer Ethernet services to other service providers so they can provide high speed connectivity to homes and businesses.