proprietary software companies

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Analyst Watch: Ten reasons why open-source software will eat the world

Al Hilwa | SD times | April 23, 2015

I recently attended Facebook’s F8 developer conference in San Francisco, where I had a revelation on why it is going to be impossible to succeed as a technology vendor in the long run without deeply embracing open source. Of the many great presentations I listened to, I was most captivated by the ones that explained how Facebook internally developed software. I was impressed by how quickly the company is turning such important IP back into the community.

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Why Don't we Value Open Source Software Assets?

Developers and software providers love open source software (OSS) for its capability, maturity, accessibility and transparency. So why isn't there more promotion of the use of open source software and why do procurement professionals find it so difficult to grasp the value of open source software? One of the key reasons may lie in the genuine lack of clarity that surrounds the accounting of open source software, which has zero license cost. The ubiquitous use of open source throughout the technology sector coupled with the lack of accounting policy clarity surrounding the acts of creating and open source software, is undervaluing the assets of software intensive sectors like finance and healthcare and of large institutions like the National Health Service (NHS).

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