Open Source Software Saved Customers $60 Billion – It Is A Great Time To Be An Open Source Company

by on April 21, 2008 · 1 comment· LAST UPDATED April 21, 2008

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A new study report - free open source software is costing vendors $60 billion per annum. According to Jim Johnson, Chairman, The Standish Group International, Boston, MA :

Open Source software is raising havoc throughout the software market. It is the ultimate in disruptive technology, and while to it is only 6% of estimated trillion dollars IT budgeted annually, it represents a real loss of $60 billion in annual revenues to software companies.

This is good news as you and me just saved $60 Billion. I'm now wondering how this revenue is calculated? Anyway, FOSS software is for all of us and it is a win win situation - screw the proprietary software ;)

What do you think?

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{ 1 comment… read it below or add one }

1 sanjeev April 24, 2008 at 12:59 pm

I’m very happy for it, but at the same time feel sad for those vendors, who pay lot of money to s/w engineers for creating the products!?

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