News and Finance

Tech industry leaders nationwide are optimistic about the country’s economic direction and see 2010 as a year of improvement, according a study from DLA Piper.

About 69 percent of those surveyed see the economic recovery building slowly as the year wears on, and 73 percent expect to see more companies partake of initial public offerings.

The study, released Friday, queried hundreds of CEOs, CFOs, venture capitalists, entrepreneurs and others in the technology sector.

While tech leaders are becoming more bullish on a rebound, they are divided on whether the markets have changed enough to affect future IPOs, mergers and acquisitions. About 24 percent said it will produce less funding, while 38 percent each said it would have no impact or that the market would adapt.

Sixty percent said the national debt would hamper the country’s ability to compete globally no fax pay day loan.

Half of those surveyed are not fond of government intervention, saying the effects of stimulus spending and more regulation would be a negative on their business, while 46 percent view it as a positive because government regulation will spur new technology or new industries.

Social networking drew mixed results, while cloud computing drew more positive responses. About 47 percent said their websites will continue to be plagued by poor monetization strategies, while 32 percent see consolidation in their future.

Cloud computing adoption will continue in earnest, according to 56 percent of respondents, while 49 percent said security concerns will be the biggest hindrance to its adoption.

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