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Trends Slideshow:
Top Risk Factors for IT Companies

By Dennis McCafferty on 2010-06-14


It's an uncertain business environment at best, and your vendors and partners -- not mention your employer -- must navigate a host of dangers. BDO's RiskFactor report looks at threats and challenges facing technology companies. How well will the companies that matter most to you fare in his climate, and what can you do to make sure things turn out in your best interest?

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94% of tech companies name competition and consolidation as top risk factors.

94% cite failure to develop and market new products/services.

93% list the economy, up from 85% last year and just 73% in 2008.

68% cite failure to execute corporate strategy, up from 27% last year.

42% name maintenance or implementation of new information systems.

74% indicate IP infringement as a concern.

80% of public tech companies anticipate more litigation risks this year, compared with 68% in 2009.

49% have risk concerns about their labor force, compared to just 22% last year.

88% cite federal, state, and/or local regulations.

64% product failure and delays as a top concern.

56% see pressures on pricing, margins and cost-cutting as risks.

54% have concerns over accounting and compliance, down from 62% last year.

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