systems of record

“Existing systems of record are not the natural owners of the context graph, and so they will capture a declining share of the value that's created by technology.”

“Historically, organizations do not have these decision races in a form that can be processed. They have the outcome. So systems of record capture the output of these decision traces.”

“In the current format, SAS companies will just become systems of records. So you had the database, which got obsolete because of a SAS platform, which is just crud on this database, but interesting crud on this database. Now, SaaS platforms I think are the new…”

“The system of records will still stay. Like AI or no AI, your bank ledger will still be a bank ledger. You still need a hundred percent auditable, hundred percent accurate platform to deliver your trade.”