Agree, MDuke
As CGO essentially critiques/investigates the systems implemented by other IT consulting firms, that provides a natural barrier to entry.
As Austock said in one of their reports " Natural competitors such as IBM and the large consulting businesses are commercially conflicted, and would hurt their own businesses by competing."
Also, WHY, I agree the pre GFC targets were very aggressive, but they do provide an indication of the growth available to CGO. The revenues are currently still a bit too lump, but increasing scale would go some way to smooth out individual projects.
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