Computer Contracting Contracting Opportunities for a Computer Component Manufacturer: Trends in Federal Spending

The pace of technological development is now faster than it ever has been at any other time in human history, and this pace has been steadily increasing for several decades. The emergence of the computer in the first half of the twentieth century could not have foretold the power and mobility that these devices would provide a few short generations later, nor the opportunities that continuing advancement and technological growth would supply to businesses. For Vigilant Technology, a manufacturer of computer components, the opportunities are virtually endless. Selecting the most profitable route forward can be made more difficult by the abundance of choices, yet an examination of the current contracts being offered by the federal government can help indicate the large-scale trends needed for long-term profits, not to mention providing immediate short-term gains in terms of the contracts themselves. The following pages will detail to area where new product lines are recommended based on researching current contracts offered by the Department of Commerce and the Department of Education.

PIV Hardware

One of the major developments that has come along with the growth of computing technology as the primary means for data storage and transmission is an enormous shift in security concerns. Many of these problems are dealt with using software, but some issues require hardware solutions. Components developed for specific security purposes could prove an increasing area of business.

The Department of Education has one very...

There is also likely to be a high private and corporate demand for such technologies, which can be embedded in both stationary and portable computer devices as a means of ensuring data security even if a device is stolen, lost, etc. The abundance of government contracts that exist in this area point to the increasing capabilities of technology in this regard, as well as its rising affordability; manufacturing the next wave of components that accomplishes Personal Identity Verification needs in a secure and reliable manner could help launch Vigilant Technology very quickly forward, to much larger profits and an increasing market share as it becomes a more familiar brand.
Components developed specifically for technology-related Personal Identity Verification projects could also be adapted for a variety of other uses, such as in home security systems that also depend on verifying individual identity, and in a number of other situations where identity is a necessary security feature. The greater the risks of information becoming compromised, the greater the need for such components of an ever-refining and effective nature will become. If Vigilant Technology can position itself as a leader in the manufacture of such components in the current market, future potential for the development and profitability of a Personal Identity Verification product line could be enormous.

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