[georgebarnett]

Collaboration tools are some way from being systems of record and there is substantial difference between competitors. Generic chat apps are not yet useful enough (despite years of development) for most companies - IRC failing to win is evidence of this and so is the fact that companies aren’t switching en masse to run their infrastructure on whatever is the OSS flavour of the day. That doesn’t mean it won’t happen some day, but that day won’t be soon.

When coupled with the fact that there are still a huge number of companies which haven’t yet converted to using these tools and purchasing the market leader for a premium makes total sense.

With regards to component supply - companies that are producing unique chips are worth plenty, where as those that are making COTS components aren’t.

[JustLurking2022]

Is this a ChatGPT experiment? The comment uses a few seemingly relevant terms but almost entirely incorrectly. "System of Record" had nothing to do with being commoditized.

[georgebarnett]

Perhaps we are speaking about different concepts. I was referring to the pace layered architecture.