Tecnotree
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Climate Goals & Targets
Environmental Challenges
- High cost inflation
- Unfavorable currency developments
- Economic uncertainty affecting its customer base
- Risks related to receivables and cash flow repatriation
- Customer portfolio's structure concentrated at top level
- Failure in product development work and reading the industry
- Weakening of a cost-efficient operating model
- Some cyclicality in operators’ investments
- Political and legislative threats in emerging countries
Mitigation Strategies
- Focus will shift from growth to cash flow
- Receivables situation should start to ease within the next 12 months
- Company is investing heavily in the development of Moments and DiWa solutions to expand its non-operator target audience
- Company's product development focuses on the transformation of BSS solutions to the SaaS model
- Restructuring program completed