SOURCE: Standish Group International
April 16, 2008 08:58 ET
"Free Open Source Software Is Costing Vendors $60 Billion," New Standish Group International Study Finds
BOSTON, MA--(Marketwire - April 16, 2008) - "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," said Jim Johnson, Chairman, The Standish Group International,
Boston, MA http://www.standishgroup.com.
Five years of research has gone into this new report titled "Trends in Open
Source." The Open Source report discusses The Standish group's research
study of the top 10 drivers that are influencing decisions on how IT is
adopting open source technology. A review of the report is now available
free of charge to accredited media representatives by e-mailing Steven
"The Standish Group's new study clearly shows how pervasive Open Source
Software is used in industry today. It is a shocking examination of Open
Source usage by commercial and government organizations," said Timothy
Chou, Ph.D., former President of Oracle OnDemand and author of "The End of
Software: Transforming Your Business for the On Demand Future," "The
Standish Group has successfully quantified both user and market behavior so
that we may more fully understand what is driving this IT trend."
"The Standish Open Source Report is a thoughtful, objective and extremely
useful tool for understanding the impact free software is having on the
entire IT industry. Every CIO, CFO, and CEO of any corporation with large
IT expenditures should read this report," said Wayne Sadin, CIO, Loomis
USA, Houston, TX "The impact of Open Source on IT will be profound and The
Standish Group research helps business as well as IT management make
vitally important investment decisions."
The Standish Group's "The Trends in Open Source" report is available free
of charge to Standish Group subscribers. Non-subscribers may obtain copies
directly from The Standish Group at:
http://www.standishgroup.com/market_research/index.php for $1,000 per copy.
About The Standish Group International, Inc.
Since 1985 The Standish Group, the leader in spotting future trends, has
been helping end users and vendors of technology solutions prepare for the
future. The Standish Group delivers fast, consistent and reliable IT advice
built on a solid foundation of primary research. For further information on
visit our website at: http://www.standishgroup.com.