TechAssure Association, Inc has conducted its’ first risk survey for technology firms on the major risks and business concerns facing the technology industry.
The top ranking risk concerns for firms operating in the Data Storage Sector were diverse and included risk of damage to brand, image, and reputation, network, privacy, and security risks, and risks of losing intellectual property. We also found out that uncertainties that may arise from changes in regulatory corporate governance, and legal environment, fluctuations in economic conditions, inability to continue new products and services innovations, risk of failure to access capital, and interruptions in business processes were key risk concerns for the sector. Our survey also found that risks associated with partnerships with vendors and other strategic alliances as well as the inability of a firm to attract and retain key talent were top ranking risk factors for firms in data storage sector.
To retrieve a full copy of the summary of the 2013 TechAssure Association Risk Survey, please contact a TechAssure member.