Convergence focus:     IT markets have evolved rapidly since the much vaunted "tech bubble" and Web 1.0 (DotCom) era.  Our proprietary     network of market intelligence anticipated the morphing of enterprise software from the horizontal application     (eg. SAP and Siebel) to vertical applications with embedded, domain-specific processes selling into markets     with high barriers to entry, tied to deep indudstry-specific templates.     More recently, convergence has created many gaps to the delivery of unified solutions that often combine software,     mobile/wireless, and new media discplines. These emerging sectors require multi-disciplinary teams capitalized     to execute these challenging and fast moving new strategies. The faster, cheaper and smarter execution requirements     of mobile media, new media and Web 2.0 startups has, in effect, swapped the relative importance of capital     versus strategy/execution to an unprecedented degree. The operationally focused Verdexus methodology appears to     be ideally aligned with this new market reality.     Furthermore, analyst projections confirm this new, software-driven convergence:       Mobile (2008 projections by Portio Research)        worldwide mobile operator revenue of US$800 billion in 2007 to reach US$1 095 billion by 2012        today mobile data services represent 18% of revenues in worldwide, and are the biggest growth story        mobile data will grow from US$ 102 billion in 2006 to US$252 billion by 2012 and include video, messaging, content, community, and enterprise applications       Security (2007 projections by Datamonitor)        $34.7 billion 2008 market for enterprise security        >15% CAGR from only $20 billion in 2004        driven by demand for mobile security, identity management, leak management, etc.       Software (2006 projections by Ovum)        enterprise software (licences and maintenance) forecast to grow to $226 billion in 2010 from $148 billion in 2005        clear winners and losers in this growth, will fuel increased vendor consolidation        for example, IDC 2006 data shows SaaS market growing 21% to $10.7 billion in 2009        prefer post product, post customer        special situation, turnaround and MBO        corporate "spin out"