Technology project funding during economic rebound

A recent study concluded that technology executives are ready to commit funding for projects stalled by the economic downturn. Nearly one-third of CIOs said they plan to implement software and hardware upgrades, others will go with virtualization projects (16 per cent) and Web site design initiatives (11 per cent). "Many companies are looking to take advantage of the economic rebound... to improve efficiency and manage costs,” said Megan Slabinski, president of Robert Half Technology’s Canadian operations.