Software ate the world..but is low tech-savviness a feature or a bug?

Indian stock exchanges had ZERO impact during the worldwide meltdown of Windows systems due to MS/CrowdStrike outage. And the reason for this sp… ͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­͏   ­ [Software ate the world..but is low tech-savviness a feature or a bug?]( Jul 22     Indian stock exchanges had ZERO impact during the worldwide meltdown of Windows systems due to MS/CrowdStrike outage. And the reason for this spectacular successful exhibit? Well, low IT spending :) "...the NSE allocates ₹570 crore for IT expenses, significantly lower than the London Stock Exchange Group (LSEG) at ₹6,556 crore, NASDAQ at ₹1,949 crore, and the Hong Kong Exchange (HKEX) at ₹6,807 crore." In terms of total costs, the NSE reported ₹3,036 crore, in contrast to NASDAQ's ₹23,734 crore and HKEX's ₹69,313 crore. Revenue figures for these exchanges were also reported, with the NSE earning ₹12,692 crore, NASDAQ ₹32,574 crore, and HKEX a substantial ₹171,575 crore, the report added. Question: In the light of recent MS/CrowdStrike outage, do you think low tech-savviness a feature or a bug? What’s your take? Being tech-dependent is seen cool, but given the crazy impact of MS/CrowdStrike outage (some people weren’t even able to open their fridge) - do you think being low tech (rather normal) is just okay? PS: This is an open thread. You can reply to this via email as well. [See the discussion](   [Like]( [Comment]( [Restack](   © 2024 Zakti Techmedia Private Limited 677, 27th main, HSR Layout, Bangalore-560102 [Unsubscribe]() [Get the app]( writing]()