4 Results for financial services

When Linux Jumps the "Fiscal Sense" Boundaries

ZDNet's Chris Dawson has been thinking about Linux in the educational setting quite a bit lately, thanks to his school district's purchase of some new Intel Classmates, and the educational and financial benefits they bring.

Fueled by a piece he read in a recent openSUSE Education newsletter, he began pondering the ins and outs of open source software software adoption. Though he mentions Linux specifically, his thoughts transfer quite well to free software on closed platforms. Dawson asks if Linux is only for the poor -- if the economy wasn't in such a rough spot, would school districts (or businesses, or individuals) be moving to, or even seriously considering, open source platforms and alternatives?

It's a great question, and it's hard one for me to answer honestly. I know how I'd love to answer, and I know perfectly well that answer is unrealistic. Even if increased open source adoption in certain fields is primarily due to the dismal economy, it doesn't mean better financial times will lead to mass open source abandonment.



Q3 Results in Less VC Funding for Open Source Vendors

The 451 Group is reporting that venture capital funding for open source vendors was down 12.2% last quarter, compared to Q3 2007.

They say that while this is a larger drop than seen in the overall market, it's not quite as dire as it may seem at first glance.



Open Source Business: Model or Tactic?

Red Hat logoReadWriteWeb points readers to a report released by the 451 Group stating that open source is not a true business model, but more of a business tactic.

Traditionally, the open source business model is perceived as free/open software, with paid support and configuration services. The report found, however, that many of the responding open source businesses incorporate some commercially licensed software in their product line. It also found that the paid support/free software idea -- while theoretically, at least, valid -- is multi-layered, complex, and highly variable between software product, software company, and industry.



Sun Financials: Not Good News for Open Source

Sun Microsystems has announced its 3rd Quarter earnings - and its stock promptly took a substantial hit. No wonder, since the company managed to report a loss of $34 million instead of the profit that analysts were expecting, and may be cutting up to 7.5% of its employees - 2500 jobs. While this certainly isn't good news for Sun, it's not great news for open source either, since the company has staked its future on shipping all of its assets as open source, including the recently-purchased MySQL database.