July 29, 2009, 10:33 am
Sometimes you need to hit rock bottom before you can get the help you need. IDC acted as an ‚Äúinterventionist‚Äù today publishing a new report showing how open source is growing in the down economy.
The study released today shows, ‚Äúworldwide revenue from open source software will grow at a 22.4% compound annual growth rate (CAGR) to reach $8.1 billion by 2013. This forecast is considerably higher than 2008 for three reasons: (1) the bottom-up list used to calculate the revenue has expanded through an exhaustive effort to include more projects in this forecast; (2) open source software has had a much higher level of acceptance over the past 12 months than previously expected, and; (3) the economy accelerated the uptake and use of open source software in the closing months of 2008.‚Äù
Economic crisis tend to clarify people‚Äôs thinking and accentuate existing trends in the market place. This is no exception. The IDC report underscores the fact that open source provides real value for the money and it took a recession for people to figure that out. For a world addicted to high priced proprietary software this may have been the bottom that will transition the enterprise IT industry to one of shared innovation, true value for the money, and higher levels of service.
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