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[News] Declining IT Budgets Give Opportunity/Boost to Free Software

  • Subject: [News] Declining IT Budgets Give Opportunity/Boost to Free Software
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Sat, 17 Nov 2007 22:07:54 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
Enterprise IT spending is on the decline...Is that why open source is booming?

,----[ Quote ]
| It will be interesting to see how long the economic malaise will persist, and 
| what will happen when it lifts. I expect to see open-source companies firmly 
| entrench themselves during the downturn, thereby positioning themselves to 
| scoop up the extra cash that will flow in the economy's resurgence.   
| 
| There's never been a better time to be in open source. Why? When budgets 
| tighten, companies get smarter with their IT budgets. Smart money buys open 
| source.  
`----

http://blogs.cnet.com/8301-13505_1-9818835-16.html

Open-source software rated: Ten alternatives you need

,----[ Quote ]
| We've put together a collection of ten free open-source applications that 
| will potentially save you hundreds of pounds. We've outlined their pros and 
| cons and compared them to the nearest commercial alternative.  
`----

http://crave.cnet.co.uk/software/0,39029471,49294100,00.htm


Related:

Open source to hit $22 billion by 2010. What this means for Red Hat and Novell

,----[ Quote ]
| Interestingly, this number jumps to $41 billion if you add in the $19 billion 
| that enterprises will invest in internal open-source development instead of 
| wasting it on proprietary software licenses, according to Morgan Stanley...  
`----

http://blogs.cnet.com/8301-13505_1-9806036-16.html?tag=cnetfd.blogs.item


European spend on open source software hits 22bn Euros

,----[ Quote ]
| Rishab Ghosh, a senior researcher at the UN University in Maastricht,
| will tell the Open Ireland conference in Dublin that the spend in the
| US on free/libre or open source software (FLOSS) stands at 36bn
| Euros and accounts for 20pc of software spend in the US.
`----

http://www.siliconrepublic.com/news/news.nv?storyid=single7850


Open source funding: the complete picture

,----[ Quote ]
| In addition to VC funding, we also took a look at the amounts raised
| by open source vendors via initial public offerings. These figures
| are not included in the totals of $1.89bn or $2.02bn, but for those
| that are interested, between them Red Hat, VA, Caldera, Mandriva,
| Turbolinux and Trolltech raised $319.9m via their IPOs.
`----

http://www.businessreviewonline.com/os/archives/2007/02/open_source_fun_2.html


Why do vendors invest in open source?

,----[ Quote ]
| The Harvard Business School has published the preliminary draft
| an interesting report that confirms one thing we probably could
| have guessed - that vendors invest in open source for economic,
| rather than altruistic, reasons - and calculates a number of
| things we probably couldn't - such as the fact that vendors
| invested $2bn in open source software between 1995 and 2005.
`----

http://www.businessreviewonline.com/os/archives/2006/12/why_do_vendors.html


Source of the revolution

,----[ Quote ]
| According to Ghosh, the notional value of Europe's investment in
| free/libre or open source software (FLOSS) today is e22bn,
| representing 20.5pc of the region's total software investment.
| Spending on OSS stands at e36bn and accounts for 20pc of software
| expenditure in the US.
`----

http://www.siliconrepublic.com/news/news.nv?storyid=single8105

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