Information Technology spending is down and will continue to stay down if industry experts are correct. However, there's a bright -- and hot -- spot: IT security.
In 2002, tech spending will grow by only 2.2 percent but much of that growth will come from IT Security, according to Cambridge, Mass.-based Forrester Research Inc. Forrester estimates IT spending will rise by 9.7 percent to reach $567 billion.
The Information Security market has been expanding at phenomenal rates for the past several years. The INFOSEC sector is expected to grow 69% annually. Leading INFOSEC companies just provide security products to its clients yet very few offer unique technologically advanced security solutions.
Black Sheep Networks is a digital security consulting firm delivering high quality information security solutions and products. Its founders are former information technologists specializing in systems and network security. They have founded Black Sheep to formalize the consulting services they offer.
There are to many security consulting companies that lack anything unique or most of the time, just plain lack any clue of what they are trying to do or provide as a business. At Black Sheep Networks we know what we are doing. We provide services that go all the way. There are many information security companies who provide services that will tell a client how many security holes they have in their network and charge for assessments. Black Sheep will do these services and go further with open-source development security utilities, custom tools, true hands-on experience, and dedicated laboratories for researching new exploits and potential holes. We are serious with this business.
1. Sales of $6.2 million in 2003 and $12.7 million by 2004.
2. Gross margin higher than 80%
3. Net income more than 40% of sales by the third year.
Black Sheep Networks markets digital security solutions and digital security know-how together in a high quality consulting service. It makes profit and generates cash. It provides a rewarding work environment, a fair compensation to its employees, and a fair return to its owners. The use of custom code and scripts as well as open-sourced GPL (GNU Public License) code to perform security audits and offer solutions will yield a greater revenue stream.
1. Excellence in fulfilling the promise--completely confidential, reliable, trustworthy expertise and information.
2. Developing visibility to generate new business leads.
3. Leveraging from a single pool of expertise into multiple revenue generation opportunities: retainer consulting, project consulting, and the sale and support of security products.