12 Troubling Issues for Tech Firms
They cover everything from environmental impact to finance to consumer privacy to the security of credit card sales. They are often mandated from the highest levels of federal government, but state and local lawmakers may flex their own legislative muscles here, too. In this case, we're talking about an onslaught of regulations that impact modern organizations. And, this year, they top the list of risks for technology businesses, as compiled by BDO. In viewing the list, you may conclude that your company's leadership has much on its mind, given the wide range of concerns cited: intellectual-property protection, fast-shifting customer preferences, and mergers and acquisitions, among others. The latter topic is emerging as a top issue of discussion, given the wealth of M&A activity and the inherent risks involved. "While mergers and acquisitions allow companies to remain competitive and pursue their strategic goals," said Aftab Jamil, partner and Technology & Life Sciences practice leader at professional services firm BDO USA, "poor investments can prove to be a thorn in the side of a company if they do not conduct thorough pre-merger due diligence and cannot properly integrate the acquired business into their current operations." BDO compiled the list by analyzing the 10-K filings of the 100 largest technology companies in the U.S.