Start A Vulnerability Prediction App Business - Business Ideas

Pat Walls

•

Updated: September 16th, 2022

Start A Vulnerability Prediction App Business

Please note that the data provided in this article are estimates and may vary depending on various factors, and should not be considered as perfect or definitive.

Picture this, a digital shield programmed to guard you through the thrashing waves of cyber attacks, in real time. Morphing such imagination into reality is the business idea of a vulnerability prediction app development.

In simpler terms, it's all about creating an intuitive software, a mobile or desktop application, that predicts potential system vulnerabilities before a threat manifests itself. This app will provide crucial insights, alerts, and resolutions to help companies keep their digital walls fortified.

As our dependency on digital platforms deepens, so does the frequency, sophistication, and impact of cyber attacks. Do you see the exigency here? By launching a vulnerability prediction app, you step into the frontline, providing essential security services to households, enterprises, and governments.

Indeed, venturing forth might seem daunting as it includes robust coding, consistent testing, and periodic updates. However, the pay-off in this growing digital security market, from both a financial and societal perspective, is immense.

Starting a vulnerability prediction app business requires a great deal of effort, dedication, and most importantly passion.

If you're interested in how to sell vulnerability prediction app, or selling vulnerability prediction app online, you can use this page as a guide for everything you'll need to know.

Key Stats

market size

$143B

starting costs

$19.4K

gross margin

83%

time to build

300 days

growth

Organic social media

business model

Subscriptions

time investment

Full time

Startup Costs

	Min Startup Costs	Max Startup Costs
Office Space Expenses	$0	$7,000
App Creation Costs	$1,099	$20,099
Training & Education Expenses	$0	$1,000
Software Expenses	$162	$2,894
Advertising & Marketing Costs	$0	$7,500
Website Costs	$13	$215
Total Startup Costs	$1,274	$38,708

See all startup costs ➜

Successful Businesses

Business	URL	Rank
AppBrain	appbrain.com	18,325
Bugcrowd	bugcrowd.com	26,847
CVE security vulnerability database. Security vulnerabilities, exploits, references and more	cvedetails.com	42,938
PredictIt	predictit.org	44,111
Recorded Future	recordedfuture.com	48,480
AstroVed	astroved.com	57,060
Free Top Astrology Predictions by Best Astrologer	futurepointindia.com	65,707
NOAA Climate.gov	climate.gov	92,187
Penetration Testing Services in India & CyberSecurity Solutions	securelayer7.net	103,316
Intruder	intruder.io	126,997
Augur	augur.net	143,138

See all businesses ➜

Pros & Cons

Pros	Description
Flexibility	You can put as much time into the business as you'd like. If you like the work and have some initial experience, you can start small and manage all aspects of the business on your own.
Ability to start your business from home	It's not necessary to have a physical storefront or office space to get your business started. You can do everything from the comfort of your own home, at least in the beginning!
Rewarding work	Starting a vulnerability prediction app business can be really rewarding work. After all, you are solving an immediate issue for your customer and you're working on something you truly care about.
Scalable	With businesses and processes changing daily, there will always be demand for new features, products and services for your business. Additionally, there are several different business models and pricing tiers you can implement that will allow you to reach all types of customers.
No overhead costs	To get your vulnerability prediction app business started, there are no costs associated with overhead, storage, packaging, etc. This will save you a lot of time and money!
High customer retention rates	Once a customer invests in your product, they've invested their time and energy to utilize your product/service which is highly valuable to them. Typically, your product or service becomes indispensable to your customer.

See all pros ➜

Cons	Description
Crowded Space	Competition is high when it comes to your vulnerability prediction app business, so it's important that you spend a good amount of time analyzing the market and understanding where the demand lies.
Security Issues	With any Saas business, data loss and security issues may arise throughout your process of building your product. It's critical that you understand exactly what you're responsible for and how to avoid potential issues down the road.
Lack of benefits	With a vulnerability prediction app business, you are typically self-employed and responsible for finding your own insurance, which can be quite costly and time-consuming.
Isolation	Often times, as a vulnerability prediction app business, you typically work alone and do not have much face-to-face interaction with other team members.
Taxes	As a vulnerability prediction app business, you typically pay self-employment taxes which can be quite high. It's important to understand what you will be paying in taxes each year so you can determine if the work you're taking on is worth it.
No safety net	Typically, as a vulnerability prediction app business, you do not receive a consistent pay-check and instead earn money based on your transactions each month. During the slow periods, you typically take away less since the job is based on commission. It's important to budget accordingly for the slow times.

See all cons ➜

Key Stats

Startup Costs

Successful Businesses

18,325

26,847

42,938

44,111

48,480

57,060

65,707

92,187

103,316

126,997

143,138

Pros & Cons