Be careful with "lack of competition". You are ALWAYS competing with the incumbent solution. No matter how clumsy or awkward it seems; no matter how much better it could be; those solutions have amazing staying power and your niche can become your enemy because there's a limit universe of customers to sell the solution to.
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In the industrial space, no one ever got fired for buying Rockwell Automation.
Even if FactoryTalk is absolutely horrid.