Wayside Technology Group
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Wayside Technology Group is an IT channel company that distributes software and hardware through resellers to customers worldwide. It operates through two segments: Lifeboat Distribution and TechXtend.
Strengths
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Diverse product portfolio
Offers a wide range of software products from various vendors
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Strong partnerships
Has established partnerships with major software vendors
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Experienced team
Has a team of experienced professionals in the software industry
Weaknesses
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Dependent on vendor relationships
Revenue is heavily dependent on relationships with software vendors
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Limited brand recognition
Not a well-known brand in the software industry
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Relatively small size
Smaller than some competitors in the software industry
Opportunities
- Increasing demand for software products in various industries
- Opportunities to expand into new geographic markets
- Opportunities to acquire smaller competitors to increase market share
Threats
- Competition from larger companies with more resources and brand recognition
- Potential impact of economic downturns on software industry
- Potential impact of changes in relationships with software vendors
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Wayside Technology Group Plan
Wayside Technology Group's pricing strategy offers multiple versions of software at competitive prices to meet diverse customer needs.
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