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IBM CEO Arvind Krishna’s 10 Boldest Statements From Best Of Breed 2021

IBM CEO Arvind Krishna talked Red Hat integration plans, supply chain issues, partner opportunities, and took aim at VMWare during a Q&A onstage at the Best of Breed Conference 2021.

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On supply chain challenges

The semiconductor shortage is real and it’s not just in consumer electronics and autos. It’s true for us in high end servers. We may see massive shortages, if we could see more supply for storage systems, we could probably opt for supply side for storage by about 20-30%. I think [supply chain issues being fixed] by 2022 is an optimistic thing. I think it’s more likely 2023-2024.

It’s not the labor cost. It’s actually more much more about permissioning and governance. I think it’s essential to get 30, 40, or 50 percent of onshore capacity [for semiconductors].

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