Trending insights for technology organizations
Technology industry services that help you survive and thrive in an evolving environment
The technology industry is changing rapidly as its footprint and influence increase across virtually every part of the economy. Technology company leaders must address varying levels of regulation around the world, including data security, labour, immigration and commerce. As well, leaders must acknowledge the complex issues inherent to the industry: the intense competition for talent, the constant need for innovation crucial to survival and the make-or-break demands of managing capital.
We understand the challenges you face. We advise an array of high-growth, private equity- and venture capital-backed companies. Our professionals work with a range of tech companies—from early-stage startups to established brands in software, hardware, IT services, semiconductors and more. Many of our clients—including those in health tech, auto tech, education tech and other subsectors—exist at the convergence point between technology and other industries and so benefit from our cross-industry experience. We’re dedicated to providing the value-added resources and insights required to help your company thrive at every stage of your business life cycle.
Technology companies benefit from our specialized experience in:
Developments in technology continue to act as an accelerator of convergence. Our technology team advises companies primed for convergence in fields such as ed tech, health tech, cyber tech, fintech, auto tech, prop tech, food tech and insurtech. We merge our in-depth knowledge of industries with our insights into the evolving technology space to create a clear strategic path to convergence for our clients.
The demand by investors for subscription-based pricing models is driving software companies with enterprise licensing models to evaluate and transition many of their software solutions to a SaaS model. We’ll help you evaluate and articulate the value of this transition as well as help you develop a complete end to end roadmap for your enterprise to make the switch to a subscription-based model seamless.
Enterprise software companies contend with an array of challenges as they increasingly compete with subscription-based business models. In a sector where adopting the latest technologies is imperative to remain competitive, organizations must constantly innovate. We’ll advise you on solutions to solve for the sector’s increasing talent gaps, cyber threats and remote workflow challenges.
The markets for hardware products are highly competitive, characterized by aggressive price competition and resulting downward pressure on gross margins. The market is also driven by a high dependence on component and product manufacturing as well as logistical services provided by outsourcing partners located outside of North America. We’ll advise you on changing laws and regulations, data protection and cybersecurity risks to help reduce costs and improve your profitability and productivity.
The semiconductor industry has experienced massive consolidation over the last decade. The industry is affected by the business cycles and manufacturing capacity utilization of customers. As well, customers' production volumes, end-user demand and the pace of technology changes can be difficult for equipment makers to forecast. We’ll provide guidance on the inventory and supply chain issues that affect your company’s efficiency and productivity.
A key growth driver for IT services companies will continue to come from pent-up demand from digital investments, cloud adoption and overall IT modernization. We’ll advise you on the potential issues of labour shortages and high costs to attract and retain talent inherent in this technology sector.
A hybrid workforce and digital modernization is leading to increasingly high demand for storage and data processing globally. We have in-depth knowledge of the data centers sector spanning strategic planning, deployment and ongoing operations. Our team will help you identify a technology foundation with the right mix of integration and security, compliance and resilience.
Compute power and the amount of available data continue to improve today’s AI and automation tools for enterprise companies. We’ll advise you on back-office automation solutions to reduce costs and streamline your administrative functions.
Where there are challenges,
we see opportunities for growth
Special report
Middle market is confident about AI, despite early-stage adoption changes
- 78% of respondents say their organization either formally or informally uses AI
- 41% report being in the partial implementation phase for AI
- 58% of those who use generative AI want to use it to improve quality control
Featured client success story
How a deep understanding of the tech industry allowed for tailored solutions
"The collaborative spirit of RSM’s team allowed Frontline to control its own destiny.”
Martin Sachs, Vice president of enterprise applications and operations at Frontline
Featured client success story
RSM helps telehealth company streamline processes, integrate new solutions
“RSM understood our desire to transform from a very fragmented system and manual processes. They came out and understood all of our processes, pain points and cycles to help us determine how we could implement a system that can achieve increased efficiency while meeting all of our needs.”
Paul McNeice, Vice president of accounting, Amwell
Featured client success story
RSM helps Carbon Black optimize accounting and finance operations with NetSuite
“RSM was really instrumental in helping us navigate through this very complicated change that we needed to put in place. We could not have done it without RSM’s guidance and their oversight during the process.”
Derek DeStefano, Director of Revenue, Carbon Black
RSM audit, tax and technology industry consulting services
Stay up to date on what matters most to your business.
Let us know your personal preferences for topics, industries and services to start receiving RSM updates in your inbox. Get the most from insights, events and offers from our team of first-choice advisors.
