The Technology Challenges in new portfolio businesses
Investors always face risks when investing in a new business, but one of the most prevalent risks is not checking the business’s technology.
IT Due Diligence is the process of assessing a company’s technology, particularly its ability to meet its current and future needs. By not checking technology, investors are missing out on a critical opportunity to assess the risk of the investment.
Furthermore, they may also be unaware of potential threats that the technology poses to the business. For these reasons, investors must take the time to perform IT Due Diligence when considering any new investment.