SWE working in financial services here. Have some insight into decision making wrt tech. > How would this IBM mainframe (or even the ancient vSphere 4.0 on bla

SWE working in financial services here. Have some insight into decision making wrt tech. > How would this IBM mainframe (or even the ancient vSphere 4.0 on blades) deliver any value over K8s and a cloud? There value is in mitigating risk. The engineers want the new and shiny toys and for all the right reasons (development velocity, etc), but the managers fear change bc change == risk. > Because cost-wise that would be the same, yet output-wise it wouldn't nearly deliver the value we would have had before. Likely, you are right, but the budget committee will exercise some financial gymnastics in order to justify the outcome they want, instead of the budget dictating decision making. > The only ones that are stuck are specialist cases or 'classic' multinationals. Wrt banks, they are stuck on cultural inertia and risk mitigation.