Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 156

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 156
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 license leading technologies and respond to technological advances and emerging industry standards and practices, all on a
timely and cost-effective basis. The development of our proprietary technology entails significant technical and business risks. We may
not be successful in using new technologies effectively or adapting our proprietary technology to evolving client or user requirements
or emerging industry standards. Any of the foregoing could materially and adversely impact our business, financial condition, and operating
results.

Our business depends in part on our ability to establish and maintain
additional strategic relationships.

To be successful, we must continue to maintain
our existing strategic relationships and establish additional strategic relationships with leaders in a number of the markets in which
we operate. This is critical to our success because we believe that these relationships contribute towards our ability to:

    ●
    extend the reach of our products and services to a larger number of participants in the Healthcare and Life Sciences industry;

    ●
    develop and deploy new products and services;

    ●
    further enhance our brand; and

    ●
    generate additional revenue and cash flows.

Entering into strategic relationships is complicated
because strategic partners may decide to compete with us in some or all of the markets in which we operate. In addition, we may not be
able to maintain or establish relationships with key participants in the healthcare and Life Sciences industries if we conduct business
with their competitors.

We depend, in part, on our strategic partners’
ability to generate increased acceptance and use of our products and services. If we lose any of these strategic relationships or fail
to establish additional relationships, or if our strategic relationships fail to benefit us as expected, this could materially and adversely
impact on our business, financial condition, and operating results.

Our sales cycle can be lengthy and unpredictable, which may cause
our revenue and operating results to fluctuate significantly.

Our sales cycle can be lengthy and unpredictable.
Our sales efforts involve educating our customers about the use and benefits of our offerings and solutions, including the technical capabilities
of our solutions and the potential cost savings and productivity gains achievable by deploying them. Additionally, many of our potential
clients are typically already in long-term contracts with their current providers and face significant costs associated with transitioning
to our offerings and solutions. As a result, potential customers typically undertake a significant evaluation process, which frequently
involves not only our software platforms and component systems infrastructure and platforms but also their existing capabilities and solutions
and can result in a lengthy sales cycle. We spend substantial time, effort, and money on our sales efforts without