Company Profile: FYI – For Your Information, Inc.
Background
FYI – For Your Information, Inc. is a woman-owned small business specializing in providing comprehensive federal human capital management and information technology (IT) services. Established in 1987, the company has evolved from offering computer education and training to delivering full-scale management and IT solutions. FYI is recognized for its commitment to quality performance, teamwork, and client service, making it a significant player in the federal contracting industry.
Key Strategic Focus
FYI's strategic focus encompasses several core objectives:
- Human Capital Management: Providing end-to-end federal human resources support, including staffing, classification, HR administration, personnel security, human capital planning, workforce analysis, employee and labor relations, and HRIT support.
- Information Technology Services: Offering IT support, application development, data analytics, and technical training services.
- Strategic Workforce Planning: Assisting federal agencies in aligning their workforce strategies with organizational goals to enhance efficiency and effectiveness.
The company leverages a team of in-house recruiters, senior HR professionals, certified Project Management Professionals (PMPs), and corporate administrative staff to deliver these services.
Financials and Funding
As a privately held company, FYI does not publicly disclose detailed financial information. However, the company has demonstrated consistent growth, with reported revenues increasing from approximately $5.8 million in 2018 to over $15 million in 2022. In October 2019, FYI merged with Federal Hill Consulting LLC, an IT services firm, expanding its capabilities in application, web, and SharePoint development, as well as quality assurance services.
Pipeline Development
FYI has a robust pipeline of ongoing contracts with various federal agencies, including:
- United States Coast Guard (USCG): Serving since 1987.
- Department of Labor (DOL): Engaged since 2000.
- Transportation Security Administration (TSA): Collaborating since 2009.
- Drug Enforcement Administration (DEA): Partnering since 2015.
- Defense Information Systems Agency (DISA): Working together since 2015.
- Health and Human Services (HHS): Collaborating since 2018.
These long-term relationships underscore FYI's ability to deliver consistent, high-quality services that meet the evolving needs of federal agencies.
Technological Platform and Innovation
FYI distinguishes itself through several technological platforms and innovations:
- Proprietary Technologies: The company has developed in-house solutions for application development, web services, and SharePoint development, enhancing its service offerings.
- Scientific Methods: FYI employs data analytics and strategic workforce planning methodologies to optimize human capital management and IT services.
- AI-Driven Capabilities: While specific AI applications are not detailed, the company's focus on data analytics suggests the integration of advanced technologies to drive decision-making and efficiency.
Leadership Team
The leadership team at FYI includes:
- Brooke Neblett: CEO of FYI, leading the combined entity post-merger with Federal Hill Consulting LLC.
- Bernadette Yu: Former CEO of FYI, now serving in a consulting capacity following the merger.
- Sara Sami: Appointed President of FYI in November 2024, bringing additional leadership to the organization.
Market Insights and Competitor Profile
The federal contracting industry, particularly in human capital management and IT services, is characterized by:
- Market Size and Growth Potential: A substantial and growing market driven by the increasing need for efficient and effective government operations.
- Industry Trends: Emphasis on digital transformation, data analytics, and strategic workforce planning to enhance government services.
Key Competitors
Key competitors in this space include:
- Celerity IT: A Virginia-based consulting firm specializing in business and technology advisory services, including customer experience and operational excellence.
- SDI Presence LLC: An IT consultancy and managed services provider offering technology-based professional services, with a focus on government and commercial markets.
- Perficient, Inc.: A global digital consultancy providing services in enterprise mobile applications, creative services, and digital strategy.
Strategic Collaborations and Partnerships
FYI has established significant collaborations, notably the merger with Federal Hill Consulting LLC in 2019, which expanded its capabilities in IT services and application development.
Operational Insights
FYI's strategic considerations include:
- Major Competitors: Companies like Celerity IT, SDI Presence LLC, and Perficient, Inc. pose competition in the federal contracting space.
- Market Position: FYI holds a strong position due to its long-standing relationships with federal agencies and a diverse service portfolio.
- Competitive Advantages: The merger with Federal Hill Consulting LLC has enhanced FYI's service offerings, providing a comprehensive suite of human capital and IT solutions.
Strategic Opportunities and Future Directions
FYI's strategic roadmap includes:
- Expansion of Service Offerings: Leveraging the merger to offer a broader range of services, including application development and quality assurance.
- Geographic Expansion: Exploring opportunities to extend services to additional federal agencies and commercial clients.
- Technological Advancements: Integrating advanced technologies to enhance service delivery and operational efficiency.
Contact Information
- Website: fyinfo.com
- Social Media: LinkedIn (FYI Inc.)