Creating wealth with free software

Posted by scrubs on Aug 9, 2008 6:56 PM EDT
Free Software Magazine; By Richard Rothwell
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A report by the Standish Group indicates that adoption of ‘open source’ has caused a drop in revenue to the proprietary software industry by about $60 billion per year. That’s not a huge amount of money compared to what has been lost though the misselling of mortgages, but it is still a lot. The report identifies the value of these ‘open source’ products to be about 6% of the world market for software. Unfortunately, the Standish Group doesn’t believe in openly sharing its research, instead selling it for $1,000… Read the full story at Freesoftware Magazine

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misleading headline herzeleid 1 877 Aug 12, 2008 5:38 AM

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