Converge Technology Solutions Corp T.CTS

Alternate Symbol(s): CTSDF

Technology Information Technology Services

Converge Technology Solutions Corp. is a services-led, software-enabled, information technology (IT) and cloud solutions provider. Its global approach delivers advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings to clients across various industries. It supports these solutions with advisory, implementation, and managed services across all IT vendors in the marketplace. Its segments include Converge Hybrid IT Solutions (Converge), and Portage Software-as-a-Solution (SaaS) Solutions. Converge is focused on delivering advanced analytics, application modernization, cloud, cybersecurity, digital infrastructure, digital workplace, and managed services offerings and provision of hardware and software products and solutions to clients across various industries and organizations. SaaS is focused on digital transactions between individuals, businesses, and government organizations.

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Converge Technology Solutions Corp > Volume back down

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Comment by Stonksonlyup90on Aug 16, 2023 1:45pm

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Post# 35591346

RE:RE:RE:RE:RE:RE:Volume back down

Good post, thanks for your insights. Regarding your comment on inflation and rising cost of inputs, certainly their clients/end users are also seeing significant inflation in their cost structures (especially rising wages). One way to combat rising costs is to create more efficiencies (ie, IT implementations/upgrades that allow for a reduction in headcount etc). So with that said, I do still think in a downturn there should be demand for converges services.

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