IT Management Slideshow: Tech's Top 10 Losers of 2009

By CIOinsight  |  Posted 01-12-2010

Tech's Top 10 Losers of 2009

They've been beaten down, overburdened and over-pressured in this tough year. Well, those that actually held onto their jobs.

Tech's Top 10 Losers of 2009

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The chairman and CEO of Satyam Computer Services resigned after confessing to falsifying the company's financial records in a $1 billion fraud that has been called "India's Enron."

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The founder of the Galleon Group was arrested in what is called the "largest hedge fund insider-trading case in history" after he paid for information about several companies, including Google and AMD.

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The 51-year-old McKinsey consultant who advised technology clients allegedly gave insider tips to Rajartnam about AMD and eBay.

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The chip-making giant did take top honors in our 2009 Vendor Value survey, but it was forced to pay $1.25 billion to rival AMD over antitrust allegations, and it still faces millions in payouts around the world.

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Not only is the RIM boss facing a major challenge from Apple's iPhone and other flashy new smartphones, but his bid for the NHL's Phoenix Coyotes was rejected, and his BlackBerry network outages made headlines several times this year.

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The onslaught of cheap collaborative and productivity-enhancing tools-plus software vendors' tough terms on customers-have put a big bulls-eye on the big software systems of old.

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The NYC Commissioner of the Department of Information, Technology and Telecommunications stepped down after a 911 system upgrade missed deadlines and went approximately $700 million over budget, according to published reports.

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The former CIO of Virginia was fired after questions over financial and administrative management, a security breach and controversy over a $2.3 billion outsourcing deal.

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A big corporate IT priority in recent years, recession pressures forced green initiatives far down the agenda in 2009. Next year could bring a revival, though.

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