VMware CEO: Not all IT service providers will survive cloud

Cloud computing represents a fundamental shift in the way technology services will be delivered to enterprises, forcing IT firms to re-look at how they operate now, according to Pat Gelsinger, chief executive officer of VMware, which provides software that enable creation of cloud computing infrastructure within corporate premises.

Gelsinger is convinced that not all major IT firms (including Indian ones) will survive this wave of technology transition. Change may mean sacrificing revenue in the short term said, Gelsinger, an Intel veteran rumoured to replace the retiring incumbent Intel CEO Paul Otellini, a rumour he denied.

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