I can definitely confirm that the IBM statement is true. Execs signed on many projects, and we were always stuck with a blue pile of unusable garbage at the end. For twice the price orginally agreed to...
Working with RedHat as of today is still, well, working with RedHat. Highly competent people building things that will run well for a long time, and (so far) still at a reasonable cost. I do start to see some changes on pricing (high increases are on the horizon...), and more red tape around things that don't fit in the standard boxes. So i'm trying to decouple some areas from being fully dependant to more standardized/vendor agnostic models to keep options opened (mainly in container space).
I overheard that Rackspace exited the hybrid market entirely rather than accept IBM terms, which says a lot if true, but it’s watercooler chat and not worth much. It’s plausible because in an “architecture by strategic acquisition” endeavor one courts the cheap options first.
Key words "so far". I'm sure people from Truven and all the other acquired companies that make (made?) up Watson Health would have said the same thing initially as well. Right up until they all got laid off...
In any case, is buzzword but not the same variant of buzz as blockchain.