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Not surprising. The company I used to work for bought tens of millions in HW per year, much of it from IBM. However, the future plans are to move to "cloud" s
by tryitnow 13y ago
Not surprising. The company I used to work for bought tens of millions in HW per year, much of it from IBM. However, the future plans are to move to "cloud" solutions, which, of course, still require HW (difference being that the cloud vendor will own it), but the utilization of cloud HW should be much, much higher than our utilization rates, such that on net about half as much HW would be required.
Of course, we were really, really awful at managing our HW capex, so that may be an extreme example, but even if 25% less HW is required across many industries that's a huge blow to revenues.