Big investments in open source



Email    print   
April 16, 2009 —  Three-hundred eighty-seven billion dollars. That’s the estimate offered by intellectual property protection company Black Duck Software as to the cost of open-source software.

The company defines the cost of open source as how much money it would take to recreate all of it, based on an estimated 200,000 open-source projects and 4.9 billion lines of code. It also factors in developer productivity. Black Duck estimates it would take an investment of more than 2 million developers years to do.

“The open-source model, as done by Linux, Apache, JBoss and MySQL, has removed a lot of the fears and misperceptions regarding open source, and has brought barriers [to its use] way down,” said Peter Vescuso, Black Duck executive vice president of marketing and business development.

Along with placing an estimate on the cost of open-source software, Black Duck also calculated that U.S. companies could save more than US$22 billion a year through the reuse of open-source software in application development, Vescuso said. He explained that 10% of current spending on application development repeats what already exists in the open-source world, which translates into the figure the company derived.

By reusing open-source software, companies can free up funds for innovation, which Vescuso said financial experts say is the way out of recession. “Twenty-two billion is quite a lot of fiscal stimulus power,” he said.

Anecdotally, Vescuso said Black Duck surveyed developers at the SD West conference in March, and it found that 76% of the respondents were using the same or more open-source code in their projects, while only 12% were using less.

Vescuso pointed to social media sites such as Facebook, MySpace and Twitter, and he made the point that all are built on open source. “No one would build something like this on a proprietary infrastructure,” he said. “It’s unthinkable."




Related Search Term(s): Black Duck, open source


Share this link: http://sdt.bz/33421
 
Most Read Latest News Blog Resources

Add comment


Name*
Email*  
Country     


  • Comment
Loading




close
NEXT ARTICLE
Open-source Rookies of the Year put in the spotlight
Gaming, social media apps and PaaS projects make Black Duck’s ‘Rookies of the Year’ list Read More...
 
 
 
 
News on Monday
more>>
SharePoint Tech Report
more>>


   

 
 

Download Current Issue
FEBRUARY 2012 PDF ISSUE

Need Back Issues?
DOWNLOAD HERE

Want to subscribe?


 
blogs tab
GitHire: Use Headhunters to Find Your Perfect Programmer
Are you a hiring manager tired of scouring the job boards? Check out this new service that will find 5 people interested in your jobs.
02/03/2012 12:17 PM EST

Facebook claims hacker cred
Facebook's SEC S-1 filing form includes a short essay on the Hacker Way by Mark Zuckerberg himself.
02/02/2012 08:26 AM EST

Ryan Dahl steps down
Ryan Dahl, creator of Node.js, steps back from his position as gatekeeper for the project.
02/01/2012 04:58 PM EST

Bloomberg opens its API
Bloomberg's APIs could lead to a future standard for accessing market data.
02/01/2012 04:41 PM EST

The case for piracy
In the aftermath of SOPA and PIPA, some copyright holders have begun to embrace piracy as inevitable...and even beneficial.
01/30/2012 02:39 PM EST

Tablet sales boom, but applications lag
The installed base of tablet computers and e-book readers is growing rapidly, but no killer app has yet emerged -- hint, hint.
01/28/2012 05:48 PM EST

 
Events calendar tab
2/13/2012 to 2/16/2012
Santa Clara
TechWeb

2/26/2012 to 2/29/2012
San Francisco
BZ Media

2/27/2012 to 3/2/2012
San Francisco
RSA

3/4/2012 to 3/7/2012
Las Vegas
IBM Tivoli

3/5/2012 to 3/9/2012
San Francisco
TechWeb