{"id":6360,"date":"2016-06-02T07:00:30","date_gmt":"2016-06-02T15:00:30","guid":{"rendered":"http:\/\/formtek.com\/blog\/?p=6360"},"modified":"2016-04-28T07:22:22","modified_gmt":"2016-04-28T15:22:22","slug":"open-source-speeding-development-and-driving-business-innovation","status":"publish","type":"post","link":"https:\/\/formtek.com\/blog\/open-source-speeding-development-and-driving-business-innovation\/","title":{"rendered":"Open Source:  Speeding Development and Driving Business Innovation"},"content":{"rendered":"<p>Open source provides the benefits of enabling developers \u00a0to work more quickly and for businesses to accelerate the time it takes them to go to market. \u00a0The quality of open source software, the features, and the technical capabilities often make it not only\u00a0competitive but\u00a0often the preferred solution in a specific market category.<\/p>\n<p>Black Duck Software recently announced the results of their <a href=\"https:\/\/www.blackducksoftware.com\/2016-future-of-open-source\" target=\"_blank\">10th annual Open Source survey<\/a>. \u00a0Some of the findings of this year&#8217;s\u00a0report include:<\/p>\n<ul>\n<li>65 percent of businesses say that using open source helps them to speed their development work<\/li>\n<li>55 percent say that they use open source in their production environments<\/li>\n<li>Financing of open source projects has increased by a factor of four over the last five years<\/li>\n<\/ul>\n<p><a href=\"http:\/\/www.bloomberg.com\/Research\/stocks\/private\/person.asp?personId=162413&amp;privcapId=22127&amp;previousCapId=142822464&amp;previousTitle=StepOne\" target=\"_blank\">Paul Santinelli<\/a>, general partner at North Bridge,<a href=\"https:\/\/www.blackducksoftware.com\/news\/releases\/black-duck-and-north-bridge-release-results-from-10th-annual-future-of-open-source\" target=\"_blank\"> said that<\/a> &#8220;Open source today is unequivocally the engine of 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