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In the ever-changing tech landscape, service interruptions and company disappearances are more common than CIOs would like. Sometimes a provider proposes a solution based on technology that swiftly becomes obsolete, or just can’t move fast enough when a more promising solution emerges. According to capital management solutions firm Carta, in Q1 this year, startup bankruptcies increased by 58% compared to the same time in 2023. Emerging companies such as Olive AI, developer of an administrative task automation system for health centers, or Plastiq, an online payment platform, obtained important…

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