The Price is Right: Next Open Source Business Model
Oct 09, 2007, 16:30 (2 Talkback[s])
(Other stories by Brad Shimmin)
"2007 is shaping up to be a banner year for open source
companies. SourceForge, which hosts almost 160,000 projects, just
posted fiscal year 2007 revenues that showed a hefty 35 percent
increase over 2006. Red Hat posted a 28 percent revenue increase on
the year. And Novell's Suse is valued at approximately $210
million. What's more, numbers like these are bolstered by an
unprecedented user acceptance of open source within the enterprise.
According to research conducted by Barracuda Networks (yeah, it's a
security vendor), 53 percent of security managers would opt for
open source, compared with 47 percent who would go for closed
source solutions of equal merit..."