Tackling tech issues, creating greater opportunity
The technology industry is changing rapidly with increased consolidation, competition, and convergence between hardware, software, and services. Consumers, too, want more from their technology providers, expecting integrated solutions complemented by support services. Technology companies are capitalizing on this opportunity by offering web-based software and services instead of, or in addition to, traditional upfront licensing models. Although this can be a highly competitive strategy, executing it can include more complex transactions and business arrangements. By adopting more accelerated product development cycles, organizations can face a wide variety of financial and operational challenges, including the need for increased R&D investment and increasingly complicated reporting rules and tax regulations.
At BDO, our experienced technology professionals understand what these key industry issues could mean for your business. We’re also able to help ensure your organization is best positioned to successfully execute and manage complex business arrangements.
BDO’s Technology team offers:
- Advisors with in-depth knowledge and experience
- Market intelligence and insight into industry best practices
- Strategies to help you optimize innovation in product design
- Effective supply chain management solutions
- Help to navigate complex financial reporting requirements.
With specialized industry knowledge and experience, BDO acts as more than an accounting resource – we act as trusted business advisors, too. Our collaborative nature and extensive network allows us to give our clients the services they need to thrive.