TECHNOLOGY VALUATION, VIABILITY AND MARKETABILITY Investigation into the viability of technology is a must for any company. Not all technology matches its environment or can operate in all conditions. Making sure your investment is reasonable, applicable, and supportable is a risk evaluation every company should make when approaching a potential corporate acquisition or investment. POST ACQUISITION AND INTEGRATION Unclear lines of communication, the blurring of roles and responsibilities, and divided loyalties are all problem faced when integrating an acquisition. Despite these difficulties it is important to achieve success early in the integration. Recreation of a new reborn balanced environment which takes account of resources, information, technology, culture, workflow and data parity are imperative to quickly narrowing the many duplicitous elements that block the path to new financial and economic success. TECHNOLOGY IMPLEMENTATION AND PROJECT MANAGEMENT Most organizations are not in a position to implement new technologies as their structures lend themselves more towards day to day activities and most IT departments lack the management experience to guide the company through these changes. We provide the combined experience in technology and management to lead you through this process. According to The Project Management Institute’s 2014 study, “Pulse of the Profession,” 44 percent of strategic initiatives do not meet their initial goals or fulfill their original intent. With projects increasing in scope, budget, and commitment we can provide the experience required to succeed in large scale technology projects SOFTWARE ACQUISITION AND/OR DEVELOPMENT For the enterprise there is no clear cut version of build vs buy. Most off the shelf enterprise applications will need heavy customization and integration. Cost for licensing, maintenance, training, in house and outsourced development can add up for the off the shelf path. Build also has its pitfalls including lack of internal experience in project management, development, user interfaces, data structures, proper development and implementation methodology. When considering any new technology it is important to consider how evaluation will occur and who it will be impacted by it. Consideration must include the technology itself, testing process, negotiation, customization, implementation, training and maintenance. These are the basic elements to be evaluated. COST ANALYSIS AND CONTROLS Cost Management and Containment is the practice of maintaining expense levels to prevent unnecessary spending or reducing expenses to improve profitability without long-term damage to the company. Measuring and evaluating ongoing regular and recurring costs will allow an entity to correctly balance contractual obligations and service levels thus allowing the opportunity for competitive economics and bidding to reduce long term costs structures. LICENSING, RIGHTS AND ROYALTIES- From contract to participation payments exists a path of complexity and nuance for most business sectors. Technology additionally complicates this workflow, due to trying to fit all situations in to one box, thus making rights and royalty servicing a resource heavy, complex, and costly proposition. Our experts can help you obtain a system in which rights and royalties will lead to a smooth and reliable cash flow. COMPLIANCE Regulatory compliance and data privacy have long been an IT security nightmare, and the EU's General Data Protection Regulation (GDPR), which took effect May 25, 2018, is returning IT compliance issues to the forefront of corporate concerns. GDPR-style data privacy laws came to the U.S. with the California Consumer Privacy Act (CCPA), effective January 1, 2020. But those aren't the only laws or regulations that affect IT security teams. There are plenty of others to worry about, with terms such as ‘compliance,’ ‘privacy,’ ‘security,’ and more than a dozen laws and regulations which, without proper evaluation, can be a business show stopper. Isolating areas in which a company has potential exposure to data and privacy compliance laws is the first step in understanding economic exposure due to non-compliance in privacy laws. SECURITY A key difference between compliance and security is that compliance requirements change reliably and predictably, while the security/threat landscape is in a perpetual state of change. Because of this rapid change, it often means compliance may be a few steps behind current threats. In addition, maintaining compliance most likely will not help to effectively evaluate if you can resist attack or are capable of responding to a breach. Creating a maintainable security standard to protect corporate and client privacy is balanced approach we can help you to achieve. COMMERCIAL REAL ESTATE- DESIGN, BUILD, MOVE, TENANT IMPROVEMENT When considering commercial real estate space for your company’s needs, the effects of technology is paramount to effectiveness. Effects on human resources, workflow, communications, travel, and customer perception are all part of today’s connected working environment, Bridging the gap between the company’s needs, architecture, engineering, and technology allow for the delivery of a form fitting work space that can meet today’s and tomorrow’s requirements. GRECO TECHNOLOGIES, INC, PASADENA, CA(626)432-5299INQUIRE@GRECO.COM