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[News] Data Warehousing Project Becomes Free Software, Gets US$10 Million and Partnership

  • Subject: [News] Data Warehousing Project Becomes Free Software, Gets US$10 Million and Partnership
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Wed, 17 Sep 2008 14:13:30 +0100
  • Bytes: 7455
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/0.10.4
  • Xref: ellandroad.demon.co.uk comp.os.linux.advocacy:690479
Hash: SHA1

Infobright releases open-source data warehouse

,----[ Quote ]
| Analytic data warehousing vendor Infobright is releasing an open-source data 
| warehousing product under the GPL v2 license, and has gained Sun Microsystems 
| as an investor through a US$10 million round of venture funding, the startup 
| announced Monday.   


Infobright Introduces Open Source Analytic Data Warehouse


Infobright and Jaspersoft Announce Plans for Joint Open Source Solution Bundle

,----[ Quote ]
| "With downloads of Jaspersoft's products topping the six-million mark, there 
| clearly is a huge community committed to open source BI and a tremendous need 
| for an open source data warehouse," said Brian Gentile, president and CEO, 
| Jaspersoft.    



VC funding for open source hits an all-time high

,----[ Quote ]
| Incidentally, total funding to date stands at $2.64bn.


Open-source venture investing hits an all-time high

,----[ Quote ]
| Just when you thought venture interest in open source was quieting down, 
| along comes the biggest quarter in open source's (still young) history: 
| $203.75 million raised, as reported by The 451 Group. This trumped the 
| previous record of $193.6 million from Q4 2006.    


How Open Technology Could Lead Us Out Of Recession

,----[ Quote ]
| At the same time, the United States has not only lost its former dominance in 
| world technology, it is rapidly achieving a status of "a nation of 
| shopkeepers".  
| We need to remove the barriers to entering the market. We need to be the 
| innovators in science and technology again. We need to regain the excitement 
| we had about scientific progress back in the 1940's and 1950's. We need 
| technicians in white lab coats, and we need to look up to them because they 
| are giving us wonderful things like atomic power and trips to the moon again. 
| We need kids to be excited about getting a chemistry set again. We need to 
| let those garage start-ups break out of that garage and open up their own 
| factory. We need to bring back homebrew computer clubs. We need people who 
| can say that they know something about computers besides how to turn one on.        
| In short, we need more geeks. Geeks make money.


No Recession at Red Hat

,----[ Quote ]
| It is flattering to be mentioned, Mr. Whitehurst said, but he noted that 
| corporate customers and the industry benefit from what he called Red 
| Hat’s “Switzerland status” — not being a province of one of the major powers 
| in the technology industry.   


Economic downturn = Financial upturn for GroundWork and open source

,----[ Quote ]
| It's a great time to be in open source. When I see people straining to sell 
| and buy homes, I can smell the recession. But when I go to work selling 
| open-source solutions, I can taste prosperity. A downturn separates the wheat 
| from the chaff. Here's hoping for even more open-source "wheat."   


Schmidt: Google 'well-positioned' for a recession

,----[ Quote ]
| Google, the world's leading Internet search engine, said Tuesday it can 
| weather any economic downturn because its advertisers are broad-based. 
| Chief Executive Eric Schmidt acknowledged that a shortage of credit in 
| financial markets is a "very serious issue" and that many people are 
| expecting a global economic slowdown.  
| "It's too early to say if there's (already) been any specific impact. But if 
| there were, I don't think it would be much," Schmidt told reporters at a 
| briefing during a visit to Sydney, Australia.   


Sun: Economic slowdown favors open source

,----[ Quote ]
| Speaking to ZDNetAsia in an exclusive interview, he said the economic 
| slowdown in the United States will favor open source companies. "During an 
| economic slowdown, not everything slows down [and] IT projects will continue 
| to be undertaken. But IT budgets will be reduced," he said, noting that 
| companies will then turn to lower cost software options such as open source.     


Software Firms Face Recession Ripple Effect

,----[ Quote ]
| If the economic downturn hits the information technology sector, investors in 
| business software companies are probably safe for one more quarter of 
| earnings reports.  

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