What are the risks associated with implementing a new software system, and what mitigation strategies can be put in place to address these risks effectively?

Implementing a new software system can pose risks such as technical glitches, data loss, and resistance from users. To address these risks, mitigation strategies include thorough testing before deployment, providing training for users, and having a backup plan in case of system failures. Regular communication with stakeholders and seeking feedback can also help in addressing potential issues effectively.