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TietoEVRY
TietoEVRY

-4.68%

IT / IT Services and Consulting

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Risks

1. Competition: TietoEnator faces competition from larger, nationwide and global companies. This could result in pricing pressures, reduced market share and profits, and higher customer attrition.


2. Legacy Technology: TietoEnator’s reliance on legacy technology systems makes it difficult to integrate new products and services into their delivery model. This can lead to customer dissatisfaction, lost market share, and increased costs for maintenance and upkeep.


3. Macroeconomic Factors: TietoEnator’s reliance on technology services makes the company vulnerable to economic downturns that could lead to reduced demand, lower profits, and decreased revenue.


4. Political Factors: Political environments in various countries where the company operates lead to the risk of changes to taxation regulations, compliance rules, and policies that could affect its operations and profitability.


5. Cyber Security: TietoEnator is vulnerable to cyber-attack, as it handles a significant amount of confidential and sensitive information. This could lead to data breaches, reputational damage, and liability risks.


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