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V3.co.ukThis year was one of financial turmoil and retrenchment. Consolidation and rationalisation were rife, as were fears of closures, liquidation and redundancies.

Given all this, you might assume that innovation was put on the back burner, but in many cases the opposite was true. During these lean times many firms took the opportunity to both scale back and innovate, with many taking advantage of relatively new technologies such as virtualisation, hosted services and videoconferencing to cut costs.

Original Article: 2009 in review: Technology innovation - V3.co.uk - formerly vnunet.com