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Friday, 10 January 2014

Will the NSA's activities handicap IT in the United States?

From TechRepublic

“NSA spying has given U.S. IT a black eye, possibly triggered a recession in its tech industry, and fueled data protectionist movements. 

Excepting revelations on NSA spying, 2013 was a good year for the technology industry, particularly in the United States. Silicon Valley experienced a strong resurgence on all fronts, with innovative new startups at the consumer and enterprise level and venture funding and new ideas reminiscent of the heady dotcom days of the late 1990s. In the corporate sector, after years of frozen budgets, many companies once again started hiring and spending money on internal IT, funding initiatives ranging from rudimentary application modernization to cutting-edge big data to digital marketing initiatives.”

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