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Technology

Technology is one of the most complex, multifaceted and dynamic of industries. As a technology company leader pursuing growth, you must grapple with such issues as structural market change, rapid innovation, increasingly fast and agile competition, and ever-shorter product life cycles. To achieve growth and consistent profitability means sustaining competitive advantages and satisfying shareholder expectations in the face of increasing costs, new market demands and rapidly changing government regulations.

To help you successfully meet these challenges, Grant Thornton’s technology industry practice provides a full spectrum of professional services to clients in the cleantech, digital media, hardware, Internet, life sciences, software, technology services and telecommunications sectors.

Our technology professionals will work closely with you, leveraging our unparalleled insight, industry understanding, and know-how to help you drive organizational as well as financial growth and achieve your business, financial and risk management goals. Grant Thornton delivers the knowledge and skills you need to achieve long-term competitive advantages in today’s — and tomorrow’s — global marketplace..

 

Look before you leap: growth considerations for technology companies 

The technology industry is broad, comprising companies of various sectors and sizes. Though the companies themselves differ greatly, all technology companies must consider the same things, such as, regulatory changes, alternative ways to shoulder extra costs, and tax implications of expansion. Learn more about growth considerations.

Innovation and the future of the technology industry 

Each fall, Grant Thornton LLP sponsors TechAmerica’s David Packard Medal of Achievement and Innovator Awards. This year, we took the opportunity to ask two honorees for their perspective on the industry. 

Maximizing growth with cloud computing 

The emerging area of cloud computing offers ubiquitous access to applications for interacting with all parts of a firm’s value chain. A less obvious advantage is that cloud computing allows the organization to gain insights from other groups within the communities formed by the users of the service. This article--originally published in the journal Strategy & Leadership and authored by Dave Rader, a director in Grant Thornton's Advisory Services practice--outlines the benefits and opportunities presented by cloud computing.

TIP on Tax: How cloud computing providers can weather the on-going tax storm 

Joel Waterfield and Steve Skiba, Directors of State and Local Tax Services at Grant Thornton LLP, provide tips for providers on navigating the various tax regulations related to the cloud, many of which have not been updated since authorities considered taxing electronic downloads more than a decade ago. They also offer some specific business and contracting suggestions to help avoid unpleasant tax surprises.

Risk and reward: Growth considerations for social and mobile technology providers 

The adoption of social and mobile technology is moving faster than with the Internet-driven business transformation. Business leaders are becoming more aware of growth opportunities presented by the adoption of social and mobile technology, but their approach is with some degree of trepidation due to the perceived risks associated. In this paper, we discuss balancing these risks and provide ideas for finance, risk management and compliance executives at technology companies.