The Open Road

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April 16, 2008 10:11 AM PDT

Open source's $60 billion Robin Hood effect on the software industry

by Matt Asay
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The Standish Group (Who's that?) is reporting that open source is robbing those poor, starving proprietary software companies of $60 billion in revenue each year. From the report:

Open Source software is raising havoc throughout the software market. It is the ultimate in disruptive technology, and while to it is only 6% of estimated trillion dollars IT budgeted annually, it represents a real loss of $60 billion in annual revenues to software companies.

It took me a few minutes to dry my eyes and control my emotions long enough to say,

I hope so. But I doubt it.

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About The Open Road

Matt Asay brings a decade of in-the-trenches open-source business and legal experience to the Open Road, with an emphasis on emerging open-source business strategies and opportunities. Matt is general manager of the Americas division and vice president of business development at Alfresco, a company that develops open-source software for content management. He is a member of the CNET Blog Network and is not an employee of CNET. Disclosure.

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