RI Tech firms find opportunity in recession

Most technology companies in Rhode Island have felt the recession, but there are a handful that have experienced tremendous growth during the downturn. And those companies appear to share a common strategy – despite the recession, they have been focused on growth.

This recession has not had as large an impact on technology companies as the one following the bursting of the tech bubble and the Sept. 11, 2001, attacks, said Jack Templin, co-founder of Providence Geeks and program leader for RI Nexus. Companies have continued to invest in technologies that drive their business.

“The recession of 2001 was really a full-on depression for our sector. But we learned those hard lessons in 2001 and have fared well this time around,” Templin said.

Full Story: Tech firms find opportunity in recession Source: Providence Business News, August 31st, 2009 Author: Bridget Botelho

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