BlackBerry Ltd.’s acquisition of U.ok.-based totally
Encription Ltd. and its release of a brand new cybersecurity services division
make a variety of sense.
It allows the Waterloo, Ont.-based organisation to leverage
its middle strengths in protection and cell technology, even as consulting affords
a new enterprise opportunity that would boom BlackBerry’s percentage of company
IT spending.
in view that Encription has less than 50 employees, the deal
is unlikely to have a primary effect on BlackBerry every time quickly, but TD
Securities analyst Daniel Chan referred to the Canadian tech employer’s access
into the consulting space allows it to utilize its information in some of the
best-increase segments of IT offerings.
research company Gartner estimates the global cybersecurity
consulting industry does about US$sixteen.five-billion worth of commercial
enterprise yearly, with that parent set to develop to US$23 billion in 2019.
Chan additionally mentioned that Encription’s customers are
in verticals in which BlackBerry is already strong, which include government
and economic institutions.
“If the consulting commercial enterprise is a success,
BlackBerry have to be capable of scale this commercial enterprise by way of
taking it across its global distribution platform and promote consulting
services along its products,” Chan stated in a research be aware.
further to company cybersecurity, BlackBerry is concentrated
on security inside the automobile area and other segments of the internet of
factors — the community of physical items that collect and exchange records.
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