Computer Contracting Opportunities for a Computer Component

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 prominent and recent contract seeking a hardware solution for Personal Identity Verification solutions, and similar components or whole technologies make up whole contracts or are parts of contracts for other Department of Commerce and Department of Education projects (fbo.gov 2011). 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.

Image Processing

Another trend in current contracts being offered by the Department of Education and the Department of Commerce in regards to computer components is for the fulfillment of certain image processing needs. As media capabilities increase, there is a greater need to be able to quickly and accurately process images in order to remain as efficient as possible in a variety of operations, and thus the several varying requests for image processing equipment -- both hardware and software -- by these two departments (fbo.gov 2011). Image processing can assist both in uploading information to database and analytical software systems, can reduce the dependence on hardcopy distribution of information and thus reduce waste, improve efficiency, and increase the speed at which disparate project and team members can be apprised of changes or updates in any given project.

Again, the applications for the development of hardware components that assist in the more efficient, cost-effective, secure, and accurate creation and processing of digital images are virtually limitless in both the public and private sectors. In addition to the government contracts being offered for the development of hardware and software solutions to identified image processing needs, many businesses of varying sizes are also in constant need of better image processing capabilities, especially Internet-based businesses that deal almost exclusively in digital advertising. Image processing is also central to many endeavors of other governmental departments especially in information gathering and analyzing.