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Open Source: How Much is OS worth?
Open Source is free, but how much value does it provide? Does $387 billion sound about right? That’s the conclusion of Black Duck Software. They estimated how much money and development time would be needed to recreate today’s Open Source market of 200,000 open-source projects and 4.9 billion lines of code. That many lines of code represents an investment of more than 2 million developer years.
Black Duck estimates if more companies reused open source code in their application development that more than $22 billion dollars could be saved in application development. That number is based on an estimate that about 10 percent of new code reinvents software that already is available as Open Source. Black Duck suggests that those funds could be better used innovating new concepts — in effect Open Source use could provide a sort of fiscal stimulus to chieve greater innovation.
A complete swing to Open Source won’t happen overnight, but developers are increasingly turn towards Open Source as the base for creating new products. The Black Duck report found that 76 percent of developers say they increasingly rely on Open Source foundations. Examples of successful open-source-based applications include Alfresco, Facebook, MySpace and Twitter.
