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SmartData Collective > Big Data > Data Mining > Despite recession, open-source revenues are up
Data MiningPredictive Analytics

Despite recession, open-source revenues are up

DavidMSmith
DavidMSmith
2 Min Read
Despite recession, open-source revenues are up
Illustration generated with FLUX.2 [klein 4B] via Cloudflare Workers AI.
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Expenditures are being tightened across the board, but companies still need software to keep running. This makes open-source software an increasingly attractive opportunity to ditch expensive license fees for subscriptions in open-source products while still retaining top-class service and support. Matt Asay at Cnet news offers some anecdotal support:

The recession has been very good for open-source Alfresco. But it’s not just us. I’ve talked with a range of open-source companies that I advise (including SugarCRM, JasperSoft, Volantis, and Openbravo), as well as many that I don’t advise (Sun’s MySQL, Pentaho, OpenX), and almost universally, every open-source company reports the same thing: economy down, sales up.

Cnet News: Open-source VC investments: Time for payback

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