We are or shortly will be in a recession. While perhaps not cause to celebrate, it's also not cause for alarm as the best companies will emerge all the stronger for the experience.
Good open-source companies will be primary beneficiaries of a downturn, as Stephen Elliot of IDC points out with regard to open-source system management vendors like GroundWork:
With economic uncertainty building on IT organizations, we are seeing enterprise IT organizations tightening their belts when it comes to IT budgets and initiatives. As open source management solutions continue to mature and increase their functionality, they will see more opportunities on the enterprise scale.
I single out GroundWork because I had the opportunity to talk with Dave Lilly, CEO of GroundWork, in advance of next week's Open Source Business Conference 2008 (March 25-26, San Francisco), and got the inside scoop on how the company is doing. GroundWork exemplifies the "unfair advantage" that open-source vendors have when IT buyers actually need the software to work at a reasonable price.… Read more