OCT Consulting LLC: Company Profile
Background
Overview
OCT Consulting LLC is a minority-owned, Small Disadvantaged Business (SDB) established in 2013, specializing in providing professional services and information technology solutions to federal government and commercial clients. The company is headquartered in McLean, Virginia, and has a workforce of approximately 65 employees.
Mission and Vision
OCT Consulting's mission is to drive effective governance through expert consulting and agile solutions for the public sector, aiming to eliminate bureaucracy and deliver cost-effective services that maximize the impact of taxpayer dollars. The company envisions empowering the public sector through innovative consulting solutions that drive efficiency and progress.
Primary Area of Focus and Industry Significance
The company focuses on delivering in-depth analyses, strategic guidance, and skilled implementation to ensure client success. Their expertise spans various domains, including strategy and analytics, program management, acquisition, IT management, and cybersecurity. OCT Consulting is recognized for its commitment to excellence in the federal sector, distinguishing itself among top-performing Federal IT and consulting firms.
Key Strategic Focus
Core Objectives
OCT Consulting aims to provide customer-driven, innovative solutions that maximize efficiency and drive impactful change in the government sector. The company is committed to eliminating bureaucracy and delivering cost-effective services that enhance the impact of taxpayer dollars.
Specific Areas of Specialization
- Acquisition and Procurement: Offering services such as acquisition planning, requirements analysis, market research, proposal evaluations, cost and price analysis, contract administration, and quality assurance.
- Program Management: Providing program and project management, requirements gathering, project coordination, risk management, and project scheduling.
- Management Consulting: Specializing in strategic planning, strategic communication, organizational design, change management, and Lean Six Sigma methodologies.
- Information Technology: Delivering enterprise architecture design, application development, system integration, infrastructure support, independent verification and validation, and cloud computing strategy and services.
- Financial Management: Supporting PPBE and budget processes, CPIC, earned value management, and auditing.
Key Technologies Utilized
OCT Consulting employs a modern technology stack, including HTTP/3 and various web development tools, demonstrating its capability in leveraging advanced technology solutions to meet client needs.
Primary Markets Targeted
The company primarily serves federal government agencies, offering tailored solutions to meet the unique challenges of the public sector. Additionally, OCT Consulting extends its services to commercial clients, providing a broad range of professional services and IT solutions.
Financials and Funding
Funding History
As a privately held company, OCT Consulting has not publicly disclosed detailed funding history or financial statements. However, the company has demonstrated financial stability and growth through various contract awards and an expanding workforce.
Recent Funding Rounds
Specific details regarding recent funding rounds are not publicly available. The company's growth and expansion are primarily driven by securing government contracts and expanding its service offerings.
Notable Investors
Information about individual investors or venture capital backing is not publicly disclosed.
Intended Utilization of Capital
While specific plans for capital utilization are not detailed, the company's strategic initiatives, including contract acquisitions and workforce expansion, suggest a focus on enhancing service capabilities and market reach.
Pipeline Development
Key Pipeline Candidates
OCT Consulting has been awarded several significant contracts, including:
- GSA 8(a) STARS III GWAC: In March 2022, OCT Consulting, in conjunction with its joint venture partner Capital Technology Group, LLC, was awarded the GSA 8(a) STARS III Government-Wide Acquisition Contract (GWAC).
- Navy SeaPort-NxG: In July 2021, the company was awarded the Navy SeaPort-NxG Indefinite Delivery, Indefinite Quantity (IDIQ) contract to provide support services across the Department of Navy.
- NOAA NMITS Contract: In November 2020, OCT Consulting secured a 10-year Blanket Purchase Agreement (BPA) contract with the National Oceanic and Atmospheric Administration (NOAA) to provide NOAA-wide coverage.
Stages of Clinical Trials or Product Development
As a consulting firm, OCT Consulting does not engage in clinical trials or product development. Its focus is on delivering professional services and IT solutions to its clients.
Target Conditions
The company's services are designed to address complex challenges faced by federal agencies, including program management, acquisition, IT management, and cybersecurity.
Relevant Timelines for Anticipated Milestones
The company continues to pursue and secure contracts, with recent milestones including the 10th anniversary celebration in November 2022 and the crossing of the 100-employee milestone in the same month.
Technological Platform and Innovation
Proprietary Technologies
Specific proprietary technologies developed by OCT Consulting are not publicly disclosed. The company emphasizes leveraging advanced technology solutions to meet client needs.
Significant Scientific Methods
OCT Consulting employs methodologies such as Lean Six Sigma for process improvement and utilizes modern web development tools to deliver efficient and effective solutions.
AI-Driven Capabilities
While specific AI-driven capabilities are not detailed, the company's use of advanced technology solutions suggests an openness to integrating innovative technologies to enhance service delivery.
Leadership Team
Key Executive Profiles
- Atul Kathuria: Founder and CEO of OCT Consulting LLC.
- J. F.: Vice President of Strategy & Growth.
- J. R.: Vice President of Operations.
Professional Backgrounds and Contributions
Detailed professional backgrounds and specific contributions of the leadership team are not publicly disclosed. However, the team's experience includes leading successful engagements at major federal government agencies, contributing to the company's growth and reputation in the industry.
Competitor Profile
Market Insights and Dynamics
The federal consulting market is characterized by a competitive landscape with numerous firms vying for contracts across various government agencies. Key competitors include:
- Octo Consulting Group: Provides digital services for the federal government, specializing in agile software development, user experience design, and cloud engineering services.
- Attain: A management, technology, and strategy consulting firm based in McLean, Virginia, serving government, education, healthcare, and non-profit markets.
- WidePoint Corporation: Offers technology-based products and services to the government sector and commercial markets, including smart card identity verification and wireless expense management.
Competitor Analysis
These competitors offer a range of services similar to OCT Consulting, including IT solutions, management consulting, and specialized services for federal agencies. The competitive landscape is dynamic, with firms continually seeking to expand their service offerings and secure government contracts.
Strategic Collaborations and Partnerships
Significant Collaborations
OCT Consulting has formed a joint venture with Capital Technology Group, LLC, resulting in the award of the GSA 8(a) STARS III GWAC in March 2022.
Partnerships and Alliances
The company maintains various contract vehicles, including the GSA Multiple Award Schedule (MAS) and the One Acquisition Solution for Integrated Services Plus (OASIS+) contracts, to enhance its service delivery capabilities.
Operational Insights
Strategic Considerations
OCT Consulting's strategic focus on delivering customer-driven, innovative solutions positions it to effectively compete in the federal consulting market. The company's commitment to eliminating bureaucracy and providing cost-effective services aligns with the evolving needs of government agencies.
Competitive Advantages
The company's minority-owned status and SDB certification provide access to specific government
