Company: HCTI
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001213900-25-026218
Chunk: 179

Company: Healthcare Triangle, Inc.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1A
Chunk 179
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 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 for our products may be negatively affected. If economic conditions deteriorate, our
clients and potential clients may elect to decrease their workforce development budgets for cloud-based platforms and programmatic solutions
by deferring or reconsidering purchases, which would limit our ability to grow our business and negatively affect our operating results.

The market for our data analysis systems and software solutions
is new and unproven and may not grow.

We believe our future success will depend in large
part on establishing and growing a market for our systems infrastructure and that are able to provide operational intelligence, particularly
designed to collect and index machine data. Our