It's worse!
Chris is pretty well on-point with his predictions about the cloud winning, but he missed a couple of other things. First, the Chinese ODMs are well positioned to attack the US incumbent traditional vendors...that's because they supply AWS etc with huge quantities of gear already and also because they make most of the gear for those US vendors! If they roll into the market with distribution and end-user sales, they'll undercut the US "vendors" by 60 percent or more on price...a classic "cut out the middleman" scenario.
Second, the poor state of WAN connections in the US and EU makes the hybrid cloud model awkward to implement. We need fiber connections, but it takes bullying by Google to get Verizon and ATT to budge.
If hybrid cloud isn't attractive and ODMs are cheap, the traditional vendors are going to hurt a lot.
Biting the hand that feeds IT
