The Economist: The world is taking to open source | Linux Today

The Economist: The world is taking to open source

Written By
Web Webster
Web Webster
Apr 13, 2001

[ Thanks to Will
Smith
for this link. ]

“The Linux hype has undeniably crested. SuSE is not the only
company that has had trouble building a viable business based on
the free operating system. VA Linux, for example, a start-up which,
in late 1999, enjoyed the most successful flotation ever—with
shares gaining almost 700% on their first day of
trading—recently said it would cut a quarter of its staff and
take nine months longer than planned to achieve profitability. Only
the market leader, Red Hat, is doing better than expected.”

“But this should not be read as a sign of the imminent demise of
open-source software via Linux, its standard-bearer. Most people in
the software industry believe that open-source is here to stay.
Steve Ballmer, Microsoft’s chief executive, recently called Linux
‘threat number one’. Steven Milunovich, a leading analyst with
Merrill Lynch, an investment bank, argues that open-source is a
‘disruptive technology’ that could topple such industry
heavyweights as Microsoft and Sun.”

“In fact, the open-source movement is less about ‘world
domination’, which hackers often joke about, and more about an
industry which, thanks to the Internet, is learning that there is
value in deep co-operation as well as in hard competition.”


Complete Story

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

Linux Today Logo

LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.

Property of TechnologyAdvice. © 2026 TechnologyAdvice. All Rights Reserved

Advertiser Disclosure: Some of the products that appear on this site are from companies from which TechnologyAdvice receives compensation. This compensation may impact how and where products appear on this site including, for example, the order in which they appear. TechnologyAdvice does not include all companies or all types of products available in the marketplace.