Date: Feb 05, 2014 Author: Scott Fried Source: abm (
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Feb. 5, 2014 -- Praetorian Group, Inc. has announced a partnership with Drakontas LLC, a software and communications firm geared toward providing solutions for the government sector. As a result of this deal, Drakontas's DragonForce software will be incorporated into Praetorian's PoliceOne Network, a news resource and directory for the law enforcement industry. Drakontas will specifically be working with Praetorian Labs, the innovation investment division of the parent company.
"Clearly if you want to be a successful media company in 2014, you need to be creative and innovate within the markets you serve," said Praetorian CEO Alex Ford in an exclusive statement to ABM. "This partnership and our Praetorian Labs program in general represents an expansion of our technology strategy and is designed to help us to explore new technologies and business models by partnering with top start-ups."
DragonForce is an interactive, software-as-a-service (SaaS) package designed to aid in connectivity of law enforcement teams -- both tactical and non-tactical. It offers an instant messaging platform, photo and document sharing, tracking capabilities and a collaborative whiteboard-style program. Praetorian's addition of this software to their PoliceOne Network -- which already offers news, training, product research and more to law enforcement professionals -- will result in an even more comprehensive user experience.
Is this partnership indicative of an overall change in Praetorian's business strategy -- or even the tech/media landscape as a whole? "Many leading tech companies have incubators, labs or investment funds to better monitor trends, inform future M&A and investments and stay on the forefront of innovation," Ford continued. "I think we'll see more of these types of programs being launched by media companies as they continue to evolve. It's one thing to launch tech products and websites, but entirely another to become a part of the tech ecosystem of your market and stay on the forefront of innovation. Programs like Praetorian Labs and partnerships with companies like Drakontas allow us to do just that."
