Open Source: More Dominant Than You Think
Simply, open source software is software that is licensed in a way that allows people to freely use, study, modify, and distribute the software. These open source licenses differ greatly from proprietary software licenses, where only the original owner can copy, alter, or distribute the software.
Since open source refers to a wide variety of software programs, the use cases vary greatly. However, a Red Hat open source enterprise report found open source software is critical to infrastructure networks.
95% of respondents said open source software was strategically important to the enterprise’s overall infrastructure strategy, up from 89% in 2019. Only 42% of respondents report using proprietary software, down from 55% in 2019 and respondents expect that to keep falling — this number is expected to be down to just 32% in two years.
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How We Dodged Risks And Raised Millions For Our Open-Source Machine Language Startup – Techcrunch
Clearly, enterprise capitalists discover many open-source software program initiatives to be worthy investments. Nonetheless, they should perceive any inherent dangers concerned when efficiently commercializing an progressive thought. Discovering low-risk investments that result in profitable enterprise alternatives stays an vital objective for these corporations.
In our expertise, we discovered these dangers fall into three main classes: market threat, execution threat, and founders’ threat. Explaining all three to potential traders in a concise method helps dispel their fears. In the long run, low-risk, high-reward situations clearly appeal to tangible curiosity from sources of enterprise capital.
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