Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Sunday, May 24, 2009

Web hosting firms thrive during recession

The web-hosting industry appears to be recession-proof. That's according to Network World, a provider of information to IT executives.

Web hosting firms are experiencing a rising demand for their services as more and more businesses elect to outsource their IT needs. For small- to medium-sized businesses, keeping up with the demands of IT infrastructure can be a challenge. Shifting the hosting responsibilities to a reputable web hosting firm can prove to be a savvy move for firms strapped for cash and IT personnel.




Network Word quotes Michael Foust, CEO of Digital Realty Trust, a San Francisco owner and operator of Internet data center facilities that has seen its revenues grow more than 30% in a year. Foust said:

The economic crunch we are all facing is forcing folks to be more creative and more open minded about how they deploy their businesses.

Faust acknowledged that many web-hosting companies, including his, are building new data centers to respond to the rising demand. He said:

There's a lot of expansion by all of the players, but it's a more rational approach based on real customer demand.

To learn more on this trend, click here

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Saturday, April 18, 2009

Recession may result in more traffic tickets

Keep an eye on your rear-view mirror. A recent study confirms what I felt in my gut -- that police are issuing more traffic citations during these tough economic times. Researchers have found statistical evidence that local governments use traffic citations to make up for revenue shortfalls.

A new study finds statistical evidence that local governments use traffic citations to make up for revenue shortfalls. The finding adds credence to something many drivers have long suspected: Safety isn't the only motive in traffic enforcement efforts. Since many municipalities retain the money generated by traffic fines, perhaps traffic enforcement also acts as a bit of a fundraiser. Details from ScienceDaily.


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