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

Posted on in Categories GNU/Open source, Links, Linux, Mozilla, News, RedHat/Fedora Linux last updated April 21, 2008

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?

Posted by: Vivek Gite

The author is the creator of nixCraft and a seasoned sysadmin and a trainer for the Linux operating system/Unix shell scripting. He has worked with global clients and in various industries, including IT, education, defense and space research, and the nonprofit sector. Follow him on Twitter, Facebook, Google+.

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