Mainframes

“Clearly the deployment of mainframes and data processing and spreadsheets and ERPs and so on Did kind of completely change the economics of your business, and that came with a whole bunch of challenges, most of which were really internal management challenges,…”

“Computers, I think, you know, Whether it was the mainframe or the desktop, you know, have sort of pulled us away from one another, away from society, brought us indoors right into this very like single player experience.”

“The adjustment period is the big problem, because all the stocks are priced, like, they're not gonna be mainframes”

“It's the only bank, if you look at a massive scale, that doesn't run on mainframes. It's actually on cloud.”

“70% of the Fortune 2000 run a mainframe for something core to their business.”

“Our first customer, we went in as a set of developers, and we attempted the approach manually, and what happens, right? And we spent two years there, right, doing that manually, and we had amazing success, right? So they have now, at the end of that process, t…”

“If I had an easy button and by the way, we're trying to build an easy button, but if I had an easy button that would just migrate mainframes to a modern cloud architecture today, almost everyone will push that button, but it doesn't quite exist today.”

“The cloud all runs on PCs, and like, all backend is on mainframes, and everyone's like, so there's always much fuzzier than in that kind of great schematic In that great scheme. The scheme, I suppose, the point is the scheme is conceptually useful for trying t…”

“The tech industry has sort of had one of these central agendas sort of every 15 years or so for the last, you know, probably since the sixties. So mainframes are the center of the tech industry from the sixties through to the seventies, then the PC from the mi…”

“The mainframes, the laptops, the internet or the computers, internet, smartphones, none of these go away. They just kind of fade into the background and become less prominent.”

“In fact, I found out a while ago that IBM's install base of mainframes, which they measure in computing capacity, so they measure it in MIPS, went up about 10 X between 2002 1010.”

“Implementing those technologies does not give you those outcomes we talked about. We actually looked at people doing mainframe stuff. You can achieve these results with mainframes. Equally, you can use the, you know, Kubernetes and, you know, Docker and micros…”

“So I think we're not going to see a rip and replace. I think we're going to see more and more systems built around the old systems. And for some of the core infrastructure, I think even in 20 or 30 years, we'll still have mainframes.”

“I think the first, and really the most important, is the sense that mobile is really making technology a universal product. That is to say, we sold mainframes to big companies, and we sold PCs to middle class families, and we sold technology in one way or anot…”