John Chambers, the CEO of Cisco Systems, made that comment during his speech at the Oracle OpenWorld happening here in San Francisco. The article the quote was taken from was in the San Francisco Chronicle.
Another interesting quote (or set of quotes) was from Mark Hurd, the CEO of Hewlett-Packard:
"You've got this explosion of data," he said. "The job isn't going to get easier. It's actually going to get tougher. You have an aging infrastructure. It is aging at a rapid rate. Less and less money is being spent on those applications and infrastructures."
The article then goes on to discuss the partnership between Intel, Oracle and HP to better utilise mainframes over server-based networks.
Mainframes? Should be interesting to see how this coincides with the move to a "Web 2.0" infrastructure.
You can read the full article here:
SFGATE - More alliances for tech companies