Business Week

What the Emergence of Open Source Means to Businesses

What the Emergence of Open Source Means to Businesses

A not-so-new concept, open-source (OS) will be the emerging alternative that has been gaining increasingly more popular over the years. The open-source business intelligence has extended its breadth and possesses become the trend – from financial and office software to Web, desktop utilities and games to practically just about all significant means of organizing business tasks.

Revolutionizing business and software strategies inside a massive way, the open-source movement allows information being produced, distributed, and controlled at the disposal of many. This idea, that’s exemplified by Linux inside the operating system landscape – is, at present, gaining momentum within the marketplace.

A solid example of the achievements OS could be the emergence of Wikipedia – the open-source encyclopedia founded in 2001 – which in a few years, makes paid encyclopedias virtually obsolete.

Suddenly, the world is seeing that Wikipedia – which can be depending on cooperation and contribution – can work, it is free and simple to use, with content that is characterized by real-time updates. People are also seeing what sort of free flow of knowledge can offer efficiency over a massive scale.

Low book sales typify the scenario of ever-growing OS adaptation. In a related report by The UK Telegraph, low sales have beleaguered the generic books industry within the United Kingdom in 2009 – despite international business marketing efforts- owing not just to the recession but in addition to technological changes. While books cannot be often considered as dispensable, analysts are projecting that online book sales will soon overtake hardbound publications with regards to revenues.

Focusing on the business arena, research from Gartner Inc. states that in 2012, production deployments of open source business intelligence tools will be half a dozen times its scope in ’09. The study notes that adoption of the open source differs between the telecommunication and financial sector; and midsize companies, healthcare, people sector, manufacturing, and other similar industries which are more “conscious” about costs. The open-source concept is poised to be a viable way of the displacement of incumbent vendors.

The utilization of open-source tools, that is becoming part of enterprises’ transformed business and software strategies, is embraced in projects as it is deemed to lead on the development of better and notably less costly software. Buyers of licensed software for business from major vendors see those complex goods that do not let for control or additional functionality and size-ability choices just too costly.

At present, companies are realizing that by ordering closed-source software, they are bound from the need to tap their provider for support, which then translates to unplanned overheads. Moreover, tremendous upgrade prices are postponing enterprises.

While thinking about open-source sometimes appears with its benefits, it can be faraway from being perfect. Open-source software also necessitates payment, servicing, and licensing- although not requiring up to big software platforms from leading providers.