Some people trust market analysts, some do not. My own position is to have a higher level of trust in those who publish research about a market or product in direct competition with one of their major clients. By doing so I (perhaps naively) believe that the chance for unintentional bias is reduced.
So, when IDC published their report on the size of the open source software market and its potential for growth in the coming years I decided to take note since one of IDC’s major clients is Microsoft, a company that is certainly in competition with some of the significant open source success stories.
So what does the report say? Well, it’s difficult to say, I don’t have access to the full report, only to the press release. The highlights in the release are:
- Worldwide revenue from standalone open source software reached $1.8 billion in 2006.
- This revenue will reach $5.8 billion in 2011, representing a compound annual growth rate (CAGR) of 26% from 2006 to 2011.
- Software vendors are advised to consider several factors when evaluating how best to leverage open source software as a business opportunity, including the most appropriate business model, the appropriate usage of partnerships and alliances, and the characteristics of the community supporting the open source software.
OSS Watch are here to help with “evaluating how best to leverage open source software”. We are able to provide advice and guidance on how UK Education institutions can leverage open source software either as a revenue generator from spin-off companies, for cost reduction or for business and community engagement.Please contact us if you would like any assistance with any aspect of open source development.