Lower IT costs drive New York startup surge

The plummeting cost of hardware and software have been driving a surge in New York startup activity, according to James Robinson, managing partner of RRE Ventures.

The information technology tools that once required large numbers of IT workers and the space to house them have given way to inexpensive open source software and cloud computing services. Plus, many of those services are being baked right in to the way companies do business, he wrote in a post on Business

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