The consolidation of server sites is currently the driving force being the implementation of virtualisation in companies of all shapes and sizes. However desirable the end results, virtualisation can often be a painful process because most backup solutions are unable to offer total security when it comes to backup and recovery. Read the full story

The rate of unemployment in Iceland has continued to rise in March, but there has been a noticeable slow down in numbers of newly registered unemployed people. Read the full story

According to the International Monetary Fund (IMF) delegation that came to Iceland last week, the country appears to be nearing the point at which it could loosen its tight monetary policy, though easing capital controls remained highly risky. Read the full story