The Wait Is Over: The 2020 Deltek Clarity Government Contracting Industry Report Is Here
By Kevin Plexico, Senior Vice President of Information Solutions, Deltek
Today, Deltek launches the 11th Annual Clarity Government Contracting Industry Study!
Every year, Deltek surveys leaders within the government contracting market, asking for a review of their business performance from the previous year. This annual comprehensive research report allows firms to benchmark themselves against both competitors and peers and identify key metrics to consider as they plan and forecast into the next year. No other resource reviews the performance of as many key internal business verticals or how they work together over the course of the contract lifecycle like Deltek Clarity.
This year, however, delivered an uncharted set of circumstances that impacted the entire economy of the United States. After the Clarity survey concluded on March 2, 2020, the COVID-19 Pandemic began to affect the country and the focus for many businesses had to pivot, with the repercussions still being felt today.
Clarity benchmarks have been a cornerstone in the strategic planning process for government contractors for more than a decade; which is why even more careful consideration was applied to this year’s metrics to ensure companies have the best possible data to inform their road to recovery in 2020 and beyond.
Hear from Kevin Plexico, SVP of Information Solutions at Deltek, on why this year’s report is invaluable.
Unveiling Deltek Clarity
When navigating a business through uncertain times, it is vital to monitor the right key performance indications so impactful adjustments can be made faster in order to emerge stronger on the other side. Having visibility into these key metrics and the data to analyze and interpret what is happening in a government contractors business will allow them to continue to manage successful, profitable projects.
Accompanying this year's Clarity Government Contracting Industry Study is an interactive virtual event series that will highlight many of the key metrics in:
- Business Development
- Finance and Financial Compliance
- Project and Risk Management
- Human Capital Management
- Contract Management and Procurement
- Information Technology
Deltek’s Clarity experts will discuss the trends and challenges that surfaced within the results and offer valuable commentary to help firms understand and apply the benchmarks in the most impactful ways for their business.
2020 Results Preview
- Workforce management requires new thinking about recruiting, retention, compensation, training, and generational changeover.
- Information technology and data security are a key focus, along with satisfying government system security and regulatory requirements.
- Compliance with ever-increasing regulation is still a burden that cannot be ignored.
- Diversification is a key focus in both product set and customer type.
- Even though companies have more data than ever, how to use it to effectively is still a challenge... and more important than ever.
Reserve a spot for the first Clarity Government Contracting virtual event on June 18, 2020. Deltek’s experts will provide an overview of the market conditions and highlight key findings and metrics from the complete Clarity Study.
In addition to industry experts, the entire 11-part virtual series will feature government contracting firms that participated in the survey to discuss how they have been impacted by the current business climate.
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11th Annual Deltek Clarity Government Contracting Industry Study
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About the Author
As Senior Vice President of Information Solutions at Deltek, Kevin manages the delivery of Deltek's industry leading government market research and information solutions providing essential information and insights. Kevin has responsibility for leading the industry's largest team of analysts focused on the government contracting industry. He also provides thought leadership and expert opinion to industry executives and is a recognized expert on the public sector market. Connect with Kevin on LInkedIn.
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