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Tom Berquist, former managing director of financial powerhouses Citigroup and Goldman Sachs and now CFO of open source database firm Ingres, made the prediction last week. Ingres, the second largest open source company, counts the likes of BAE Systems, Cathay Pacific and Lufthansa among its customers. Berquist said the cloud computing model--of companies' serving applications over the Internet--requires vendors to spend large amounts of cash buying and maintaining servers, telecoms infrastructure and software such as operating systems, Web, application and database servers to support their software as a service (SaaS) operation.
But will it be the kind of explosion that does any good, or will it merely be more 'free as in freeloader', since FOSS that is deployed internally and not re-distributed does not have to share changes and improvements.
Please note where those 2 companies are now financially. This is a guy who knows how to say what people want to hear in such a way that nothing sticks to him when it can't be delivered.
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