Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 42

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 42
---
 services that are competitive with one or more
components of the platforms and programmatic solutions we offer. We expect that additional companies will continue to enter this market,
especially in response to recent legislative actions. In new and rapidly evolving industries, there is significant uncertainty and risk
as to the demand for, and market acceptance of, recently introduced products and services. Because the markets for our products and services
are new and evolving, we are not able to predict the size and growth rate of the markets with any certainty. If markets fail to develop,
develop more slowly than expected, or become saturated with competitors, our business, financial condition, and operating results could
be materially and adversely impacted.

27

If the demand for cloud-based solutions declines,
particularly in the Life Sciences industry, our revenues could decrease, and our business could be adversely affected.

The continued expansion of the use of cloud-based
solutions, particularly in the Life Sciences industry, depends on a number of factors, including the cost, performance, and perceived
value associated with cloud-based solutions, as well as the ability of providers of cloud-based solutions to address and maintain security,
privacy, and unique regulatory requirements or concerns. If we or other cloud-based solution providers experience security incidents,
loss of customer data, disruptions in delivery, or other problems, the market for cloud-based solutions in the Life Sciences industry,
including our solutions, may be adversely affected. If cloud-based solutions do not continue to achieve more widespread adoption in the
Life Sciences industry, or there is a widespread reduction in demand for cloud-based solutions, our revenues could decrease and our business
could be adversely affected.

Unfavorable conditions in our industry or the
U.S. economy, or reductions in information technology spending, could limit our ability to grow our business and negatively affect our
operating results.

Our operating results may vary based on the impact
of changes in our industry or the United States economy on us or our clients. The revenue growth and potential profitability of our business
depend on demand for the workforce and provide platforms and programmatic for healthcare providers. We sell our products and services
to organizations whose businesses fluctuate based on general economic and business conditions. In addition, a portion of our revenue is
attributable to the number of users of our products at each of our clients, which in turn is influenced by the employment and hiring patterns
of our clients and potential clients. To the extent that economic uncertainty or weak economic conditions cause our clients and potential
clients to freeze or reduce their headcount, demand