How to Lower Your Total Cost of Ownership of Open Source: What IT Executives Need to Know


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Source: Palamida
Date: June 2008
Type: White Paper
Rating: (2)

Overview: IT executives at leading organizations have become aware of the need to shift their organizations from cost centers to profit centers by aligning their mission with business requirements and operations. In doing so, they have ensured that their teams are valuable business partners and instrumental in enhancing revenue and profits. One key technology enabler in this new role has been the use open source software in internally developed applications for competitive advantage. Today, developers increasingly use open source software components to provide critical functionality inside these applications in order to meet tight deadlines with smaller budgets.

Open source has the potential to save an organization from $164K for small projects to $4.3M for large projects in development and QA resources. IDC has called the use of open source the most significant, all-encompassing and longest trend that the software industry has seen since the early 1980's. Further illustrating this trend, a 2007 report by Gartner Research predicts that by 2008, 95% of Global 2000 organizations will have formal open-source acquisition management strategies in place to address the challenges and opportunities of open source.

This white paper is for IT executives and their organizations that want to accelerate the use of open source adoption, lower their total cost of ownership of the technology, while minimizing the associated security risks.

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