Perhaps the current downsizing of the U.S. IT industry is not a temporary thing. Maybe we are headed for becoming a second-class citizen in the world of IT.
More Quotes from Pat Gelsinger:
We see a fundamental shift away from IT investment in the U.S.,Pat Gelsinger
Do I feel good or bad The answer is yes.
Pat Gelsinger
We're going to ramp it like crazy and deliver it in volume. As a result, it's a better product, and people buy better products.
Pat Gelsinger
But the real magic is we did that step up in performance while reducing energy requirements.
Pat Gelsinger
Today, the IT manager is under pressure from many, many different fronts. He has the challenges of budget where almost 80 percent of the IT budget is spent just on running the services that they have in place today -- with the cost of electricity being the second highest consumer of that budget and labor costs being the first.
Pat Gelsinger
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