Investment in Open Source Software Set to Rise

August 23rd, 2010 by deepak Leave a reply »

The open source software market has reached a turning point, with organizations in the United States, United Kingdom and Ireland now committing to clear strategies and policies for open source software development, according to the findings of a survey released today by consulting firm Accenture.

Wikipedia defines “open source software” as “computer software that is available in source code form for which the source code and certain other rights normally reserved for copyright holders are provided under a software license that permits users to study, change, and improve the software.” Examples of enterprise-class open source software in the supply chain industry include Coupa’s e-procurement offering and ERP software from Compiere and xTuple.

The survey of 300 large organizations in both the private and public sector found that more than two-thirds of companies (69 percent) anticipate increased investment in open source software development in 2010, with more than a third (38 percent) expecting to migrate mission-critical software to open source in the next 12 months.

In addition, half of the respondents (50 percent) are fully committed to open source in their business while just over a quarter (28 percent) say they are experimenting with open source and keeping an open mind to using it. Furthermore, two-thirds of all respondents (65 percent) noted that they have a fully documented strategic approach for using open source in their business, while another third (32 percent) are developing a strategic plan.

Of the organizations using open source, almost nine out of ten (88 percent) will increase their investment in the software in 2010 compared to 2009, according to the survey results.



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