Open Source Software Saved Customers $60 Billion - It Is A Great Time To Be An Open Source Company
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?
Want to stay up to date with the latest Linux tips, news and announcements? Subscribe to our free e-mail newsletter or RSS feed to get all updates.
You can Email this page to a friend.
You may also be interested in other helpful articles:
- FOSS.IN - India’s #1 FOSS event
- Tech talk: One billion Windows users can be wrong
- Notes from a freed.in ~ FOSS conference in New Delhi with videos
- Linux Market Will Rise From $21 Billion To $49 Billion in 2011
- Legal Issues Associated with Open Source and Free Software Projects
Discussion on This Article:
Leave a Reply
We encourage your comments, and suggestions. But please stay on topic, be polite, and avoid spam. Thank you very much for stopping by our site!
Tags: disruptive technology, foss, free open source, free open source software, great time, group international, havoc, open source company, open source software, proprietary software, software companies, software market, standish group, trillion



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!?