There's a lot of money in free software.
That's good news, because as the recession takes its toll on IT budgets, a new study suggests that companies can save $387 billion in development costs by using open-source software.
Talk about a stimulus.
Black Duck Software arrives at the $387 billion number by applying industry cost estimation standards to the available 4.9 billion lines of open-source code. Additionally, the company:
Estimates that 10 percent of IT application development spending is redundant with existing open-source projects, (which means that) U.S. companies could realize savings of more than $22 … Read more