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[News] Free Software Business is Flourishing

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Open-source companies log impressive growth

,----[ Quote ]
| Even as the global economy tanks, open-source companies continue to soar. A 
| range of open-source companies reported sales and community growth this past  
| week, including: 
| 
|     * Funambol: As announced on its Web site, Funambol's mobile open-source 
|     community has grown 2,000 percent, downloads are up 34 percent, and the 
|     number of active Funambol servers is up 42 percent in the past three 
|     months alone.   
|     * Actuate: While business intelligence vendor Actuate's overall license 
|     revenues grew 15 percent last quarter, its BIRT (i.e., open source) 
|     revenue grew 32 percent.  
`----

http://news.cnet.com/8301-13505_3-10231714-16.html


Recent:

View Videos from the 09 Collaboration Summit

,----[ Quote ]
| The 3rd Annual Linux Foundation Collaboration Summit, held this April 8-10 in
| San Francisco, left me surprised and in high spirits.  Why you ask?  Because
| although I am fully aware that the downturn the economy has taken is
| affecting both individuals and businesses alike across the board, it didn’t
| seem to have this effect on the summit this year - not in a lack of
| attendees, enthusiasm among the participants or spirit of the collaboration.
`----

http://linux-foundation.org/weblogs/angela/2009/05/01/lf-collaboration-summit-session-and-interview-videos-now-available/
http://tinyurl.com/culqyt


Bad economy boosts open source

,----[ Quote ]
| The latest 'Future of Open Source' survey was revealed at the InfoWorld's
| Open Source Business Conference last week. The survey was conducted with 435
| respondents and focused on topics surrounding open source software such as
| the impact of the economic recession, key market drivers, and predictions.
`----

http://www.itweb.co.za/sections/business/2009/0903300906.asp?S=Open
Source&A=LIN&O=FPWW


Recession vs. FOSS

,----[ Quote ]
| Pundits and business executives alike are predicting gloomy economic times
| for 2009. But when the talk turns to free and open source software (FOSS),
| suddenly the mood brightens. Whether their concern is the business
| opportunities in open source or the promotion of free software idealism,
| experts see FOSS as starting from a strong base and actually benefiting from
| the hard times expected next year.
`----

http://www.raiden.net/?cat=2&aid=545


IT Cost-Cutting: Consider Virtualization, Look to the Cloud, Check Out Open
Source

,----[ Quote ]
| In this episode, our analyst guests make their top five recommendations for
| cutting enterprise IT costs amid the economic downturn. How does IT adapt and
| adjust to the downturn? Is IT to play a defensive role in helping to slash
| costs and reduce its own financial burden on the enterprise?
`----

http://www.ecommercetimes.com/story/IT-Cost-Cutting-Consider-Virtualization-Look-to-the-Cloud-Check-Out-Open-Source-66634.html


Is the downturn good for open source?

,----[ Quote ]
| More importantly, the areas where open source is most competitive are
| different nowadays. In 2000-2002, open source fought for dominance over the
| operating system, database software, and middleware, and winners included
| Linux, MySQL, and JBoss. Building upon the spoils of that victory, open
| source has now spread up the software stack into business applications and
| into mobile and desktop applications that businesses and professionals use
| every day. The result is that the open source movement has an entirely new
| group of people to convert.
`----

http://weblog.infoworld.com/openresource/archives/2009/03/is_the_downturn.html


Open Source will thrive in turbulent economy

,----[ Quote ]
| A panel of top experts in the commercial open source industry, including
| executives from Acquia, Novell, Mozilla, Sun Microsystems, and SugarCRM,
| announced the results of the North Bridge Venture Partners' annual "Future of
| Open Source" survey.
`----

http://www.ciol.com/Developer/Open-Source/Feature/Open-Source-will-thrive-in-turbulent-economy/30309117753/0/


Microsoft, Cisco to lose $4.3 Billion as investment banks cut cost

,----[ Quote ]
| The cut in the IT budgets of the revered investment banks like Lehman
| Brothers and Merrill Lynch due to their failure may lead industry giants like
| U.S. based Microsoft and California based Cisco to lose $4.3 billion in
| orders next year. While Cisco earns about three percent to four percent of
| annual revenue from the U.S. financial industry, Microsoft accounted for 22
| percent last year.
`----

http://www.siliconindia.com/shownews/47182


Microsoft will be hurt by financial crisis, RBC analyst says

,----[ Quote ]
| The devastating U.S. financial crisis will hurt software giant Microsoft
| Corp.'s bottom line this holiday season as shoppers tighten their purse
| strings, RBC Capital Markets says.
`----

http://network.nationalpost.com/np/blogs/tradingdesk/archive/2008/09/29/microsoft-will-be-hurt-by-financial-crisis-rbc-analyst-says.aspx
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