SEI19 Jul 2019 11:32
If we look at what will happen going forward in Q3/Q4 once we have revenue coming through from SWI UK
as a result of the sales and marketing efforts SolarWinds UK is and will be doing with regards to the threat Monitor platform, the beta on FlX’s revenue could and will be substantial!
Read the RNS from October last year : The Company's immediate focus will therefore be to support those MSPs whose customers have an appetite to strengthen their current security posture.
Internal estimates suggest that this equates to approximately 20% of the addressable market, or around 20,000 target end customers. As an illustration, if only 2000 end user customers take up this service at entry level pricing, this would generate £400k revenue per month on the Threat Monitor SOC Services alone. Falanx will be working with the SolarWinds network of MSP's in the coming weeks to plan, design and implement the roll out of this extensive programme, and it is anticipated that the delivery of these support services will commence in the first quarter of 2019. Current sales will have a limited impact on this year's revenue but could dramatically benefit future periods.