Company Profile: Seventh Sense Consulting, LLC
Background
Seventh Sense Consulting, LLC is a Virginia-based, minority-owned, Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in providing comprehensive acquisition lifecycle support, program management, systems engineering, technical assistance, logistics, and management consulting services. Founded in 2012, the company is committed to delivering innovative solutions that enhance mission performance for government agencies. Their mission is to become the premier trusted advisor for the government, offering cost-effective solutions that combine intellectual capital, information technology, and practical know-how to ensure success. The company's core values are integrity, insight, and innovation, guiding their approach to client engagements.
Key Strategic Focus
Seventh Sense Consulting focuses on delivering solutions across a wide scope of government management domains, including acquisition support, program management, systems engineering, technical assistance, logistics, and management consulting. The company emphasizes integrity, insight, and innovation in its operations, aiming to provide state-of-the-art, sustainable solutions to client challenges.
Financials and Funding
As a privately held company, Seventh Sense Consulting has demonstrated significant growth and financial stability. In 2020, the company was named #16 on the Virginia Chamber of Commerce's Fantastic 50 list, recognizing it as one of the fastest-growing businesses in the Commonwealth. The company has secured multiple federal contracts, including a General Services Administration (GSA) Federal Supply Schedule contract with a ceiling value of $200 million, awarded in 2017. Additionally, Seventh Sense Consulting has been awarded a Lifecycle Acquisition Support Services Indefinite Delivery Indefinite Quantity (IDIQ) contract with a ceiling value of $4 million, awarded in 2019.
Pipeline Development
Seventh Sense Consulting has been awarded several significant contracts, including:
- GSA Federal Supply Schedule Contract (GS00F102GA): Awarded in 2017, this contract has a ceiling value of $200 million and is set to conclude in 2027.
- Lifecycle Acquisition Support Services IDIQ (19AQMM20D0001): Awarded in 2019, this contract has a ceiling value of $4 million and is expected to conclude in 2024.
Technological Platform and Innovation
Seventh Sense Consulting has developed proprietary software solutions, including the Enlightened Solutions™ suite, which offers tools like Spend Intelligence™. Spend Intelligence™ is a comprehensive spend management solution designed to optimize financial resources, providing features such as dashboards for spending oversight, fund reallocation capabilities, and contractor-submitted Estimates to Complete (ETCs) for forecasting.
Leadership Team
- Herbert D. Watson: Co-Founder, President, and Chief Executive Officer. Under his leadership, the company has experienced significant growth and recognition.
- William (Bill) Alderson: Executive Vice President of Corporate Development, appointed in August 2022. He brings extensive experience in business development and program delivery within the government contracting sector.
- Seema Saiyed: Director of Information Technology Consulting, joined in November 2022. She leads efforts to expand the company's IT capabilities, including cloud services, cybersecurity, systems development, and integration.
Competitor Profile and Market Insights
Market Dynamics
The government contracting industry, particularly in acquisition support and program management, is characterized by a competitive landscape with numerous firms vying for federal and state contracts. The market is influenced by factors such as budget allocations, policy changes, and the increasing emphasis on efficiency and innovation in government operations.
Competitive Landscape
Seventh Sense Consulting competes with various firms in the government contracting space, including:
- Salient CRGT: A provider of IT solutions and services to federal and commercial clients.
- AxxonSoft: Specializes in security software solutions.
- IdentiSys: Offers identification and security solutions.
These competitors vary in size, service offerings, and market focus, contributing to a dynamic and competitive environment.
Strategic Collaborations and Partnerships
Seventh Sense Consulting has established strategic partnerships to enhance its service offerings and market reach. Notably, in August 2022, the company welcomed William (Bill) Alderson as the Executive Vice President of Corporate Development, aiming to strengthen its corporate development efforts.
Operational Insights
Seventh Sense Consulting's focus on integrity, insight, and innovation differentiates it in the competitive landscape. The company's commitment to maintaining high standards of ethics and workmanship, coupled with its innovative solutions, positions it as a trusted advisor to government agencies.
Strategic Opportunities and Future Directions
The company's strategic roadmap includes expanding its IT capabilities, as evidenced by the appointment of Seema Saiyed as Director of Information Technology Consulting in November 2022. This expansion aims to enhance services in cloud computing, cybersecurity, and systems integration, aligning with the growing demand for digital transformation in government operations.
Contact Information
- Website: seventhsenseconsulting.com
- Social Media:
- LinkedIn: Seventh Sense Consulting, LLC
- Facebook: Seventh Sense Consulting
- Twitter: @7thSenseLLC