GICS Sector : Technology
Converge Technology Solutions Corp., through its subsidiaries, distributes storage devices and systems, computer products, software, and peripherals.The company also provides installation and maintenance; analytics, hybrid cloud, infrastructure, and cybersecurity services; cloud delivery, compute efficiency, network optimization, and IT spend optimization solutions; and IT professional services, such as data center infrastructure integration and solutioning, and cloud optimization.In addition, it offers business continuity, managed, cognitive, and cybersecurity solutions; IT portfolio management, and consulting services; and multi-site IT deployments, and ISV/OEM solutions.
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Converge Technology Solutions Achieves Premier Reseller Status within the Nutanix Elevate Partner Program
Jun -24
H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"
Apr -22
H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"
Apr -22
Court Grants Final Order to Converge Approving Acquisition by H.I.G. Capital
Apr -16
Converge Technology Solutions Unveils Data & AI Design Studio to Supercharge Organizations' Path to AI Maturity
Apr -15
Converge Technology Solutions Shareholders Approve the Acquisition by H.I.G. Capital
Apr -10
Banks Postpone Loans as Tariffs Stoke Fears of ‘Hung’ Debt
Apr -07
3 TSX Stocks That May Be Trading Below Their Estimated Value
Apr -07
Converge Technology Solutions Corp.'s 2.5% growth is driven by increasing demand for digital transformation, cloud adoption, and cybersecurity services. The company's strategic acquisitions, expanded service offerings, and strong relationships with major OEMs also contribute to its growth. Additionally, the rising need for IT solutions in the healthcare and finance sectors further fuels Converge's expansion.
Converge Technology Solutions Corp.'s Portage Software-as-a-Solution Solution growth is driven by increasing demand for cloud-based solutions, digital transformation, and cybersecurity needs. The 3.5% growth rate is also fueled by the company's strategic acquisitions, expanded partnerships, and investments in emerging technologies such as AI and IoT.
Converge Technology Solutions Corp. offers IT consulting services to help businesses optimize their IT infrastructure and operations.
Converge Technology Solutions Corp. provides cloud services, including infrastructure as a service (IaaS), platform as a service (PaaS), and software as a service (SaaS).
Converge Technology Solutions Corp. offers cybersecurity solutions to help businesses protect themselves from cyber threats.
Converge Technology Solutions Corp. provides digital infrastructure solutions, including data center infrastructure, networking, and storage.
Converge Technology Solutions Corp. offers managed services, including monitoring, maintenance, and support for IT infrastructure and applications.
Converge Technology Solutions Corp. provides software solutions, including enterprise resource planning (ERP), customer relationship management (CRM), and custom software development.
Converge Technology Solutions Corp. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the evolving nature of the technology industry.
Converge Technology Solutions Corp. has a diverse customer base, which reduces the bargaining power of individual customers. Additionally, the company's customized solutions make it difficult for customers to switch to alternative providers.
Converge Technology Solutions Corp. relies on a few key suppliers for its hardware and software components. While the company has some bargaining power due to its size, the suppliers still have some leverage in negotiations.
The threat of new entrants is low due to the high barriers to entry in the technology industry, including the need for significant capital investments and specialized expertise.
The technology industry is highly competitive, with many established players and new entrants vying for market share. Converge Technology Solutions Corp. must continually innovate and differentiate itself to maintain its market position.
| Value | |
|---|---|
| Debt Weight | 40.35% |
| Debt Cost | 13.58% |
| Equity Weight | 59.65% |
| Equity Cost | 13.58% |
| WACC | 13.58% |
| Leverage | 67.66% |
Value: 5.1
Growth: 8.2
Quality: 5.5
Yield: 0.0
Momentum: 8.0
Volatility: 4.7
1-Year Total Return ->
Value: 4.1
Growth: 5.1
Quality: 6.7
Yield: 5.0
Momentum: 1.5
Volatility: 8.0
1-Year Total Return ->
Value: 3.2
Growth: 5.3
Quality: 5.2
Yield: 5.0
Momentum: 4.0
Volatility: 5.3
1-Year Total Return ->
Value: 9.8
Growth: 2.3
Quality: 3.0
Yield: 10.0
Momentum: 0.5
Volatility: 2.3
1-Year Total Return ->
Value: 8.4
Growth: 4.7
Quality: 3.8
Yield: 0.0
Momentum: 7.5
Volatility: 2.0
1-Year Total Return ->
Value: 7.6
Growth: 2.8
Quality: 4.2
Yield: 1.0
Momentum: 4.0
Volatility: 2.0
1-Year Total Return ->