Thursday, October 9, 2008

Why Open Source is hot now?

With the deepening of the credit crisis, melt down in the financial industry, the IT budgets in the big companies is under squeeze.

Companies are looking at optimizing their IT budgets and seriously looking at Return on their investments. The commercial software license costs; be in hardware, operating system, infrastructure, database, commercial applications and consulting & support, is being reviewed and seriously considered for optimizing and cost cutting.

Open source software and solutions have a great opportunity to survive and benefit in this economy as they provide better returns for the companies that are looking to save huge licensing costs and greater availability of solutions and software that can be easily adopted.

Open source software and solutions have matured over years and a bigger community to support them. There are several solutions from multiple vendors for business problems and substantially less expensive compared to commercial software from the proprietary software companies.

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