Business

  • In another example of the company’s ongoing embrace of open source software, Microsoft has become a premium sponsor of the Open Source Initiative. From the announcement: Microsoft’s history with the OSI dates back to 2005 with the submission of the Microsoft Community License, then again in August of 2007 with the submission of the Microsoft […]

  • OSVehicle is the group behind the open source car hardware platform named the Tabby Evo. The company has now released EDIT: an open source platform for customizing the Tabby Evo for specific purposes. The company looks to solve a number of problems associated with the traditional car manufacturing industry: For most the time to market […]

  • Black Duck Software is a company that provides automated solutions for securing open source software and monitoring compliance. The company has announced the launch of the Center for Open Source Research and Innovation (COSRI) that will fund research to improve innovation, information, and education related to open source software. From the press release: “Through COSRI, […]

  • The Linux Foundation and Dice have partnered to released the 2016 open source jobs report which surveyed more than 400 hiring managers and 4,500 open source professionals to understand the current state of the open source job market. This year’s report illustrates and increased demand for open source talent, and that talent is increasingly hard […]

  • With 4th quarter 2015 revenue hitting $544 million, Red Hat has become the first open source based company to produce $2 billion in revenue in a single year. Only four years ago, Red Hat became the first company to hit $1 billion in revenue, so this demonstrates remarkable growth for the company. Subscription revenue for […]

  • 10 years after the Company’s launch Twitter has been valued at $32 billion but has yet to produce a profit. The company has struggled throughout its entire existence to monetize it’s large user base. This editorial explores how it might be possible for Twitter to pursue greater democratization through open source to grow its userbase, […]

  • Senator Daniel Squadron, a senator from New York Stat, has co-sponsored a bill along with Senator Ruth Russel-Thompson to provide a tax credit to open source software developers for writing free software. The senators hope to encourage greater technology development in an effort to create jobs and add to the state’s technology sector.  Senate bill […]

  • Toonz is a popular animation software application that has been used to make some popular animated shows and movies including the popular TV series Futurama. It is often preferred because it makes it easy to combine hand-drawn animations with software-created animations. Japan-based Dwango has acquired Digital Video, the company that made the software, and has […]

  • The Open Compute Project is an effort to make an open source data center. Facebook started the project to reduce the effort and money required to build a data center and to demystify the process of doing so. A number of major tech companies have gotten involved in this project over the last year, but […]

  • Microsoft’s perception of open source has changed drastically in the last few years as the company has adopted more and more open source practices in an effort to keep up with its competitors. Two new developments have occurred as a part of this effort. The first development is Microsoft joining the Eclipse Foundation as a […]

  • SXSW is a giant event in Austin, TX that attracts hundreds of thousands of people from around the world to see the latest in music, movies, technology, and art. Most people are aware of the bigger events that require badges to get in, but there are also a ton of smaller events that are free […]

  • Kubernetes is an open source container orchestration system that was launched by Google. Apprenda is a startup based out of Troy, NY that deploys computer applications in industries like finance and pharmaceuticals, and they have announced they will be merging Kubernetes into their platform and joining the Kubernetes community. They chose Kubernetes for three primary […]

  • Building on the success of the Open Compute Project, facebook has launched a new open source project to design wireless broadband technologies. The program is called the Telcom Infra Project (TIP), and includes more than 2 dozen companies including Intel, Nokia, and many more. The focus of this project will first be on separating the […]

  • Valve, the company behind the popular video game distribution platform Steam, has announced that the first round of their Linux-based Steam Machines are now available to be preorderd, and will be shipped to preorder customers starting October 16, with retailers to have them available shortly thereafter. These devices run Valve’s own SteamOS, a derivative of […]

  • For the last 15 years, North Bridge and Black Duck Software have joined efforts every year to conduct a survey about the use of open source in modern business. A record 1,300 people responded to the survey, up from 822 in 2013. Respondents included software engineers, CIO’s, CEO’s, educators, analysts, and more. There is little […]

  • LucidWorks is a company the uses open source tools to help improve information accessibility through search, machine learning, and natural language processing. Their heavy reliance on open source software requires them to take a different approach to business than companies that rely on proprietary software. The founder has taken away three key lessons from running […]

  • Docker, the company behind the rapidly growing open source container project, announced they raised $95 million in a Series D round of funding. This round included a large number of financial services companies including Goldman Sachs, Greylock Partners, Sequoia Capitol; this was a result of the growing popularity of Docker in financial services IT. Docker […]

  • Companies like Facebook have been closely involved with open source software, but as the cost of producing new prototypes continues to decrease open source mentality is spreading into other industries, including hardware manufacturing. The explosion of platforms like the Arduino, Raspberry Pi, and numerous 3-D printers has been coupled with the emergence of the maker […]

  • Random Articles from the OST Archives

    • TradeMonster took a different approach to designing their high-performance trading engine than their competitors. Sanjib Sahoo, the CTO, built the engine in large from 50 different open source platforms. Their unique business model has propelled them to 2nd place in Barron’s Best Online Brokers survey. More from Info World.

    • The open source development model is one of collaboration, self-organization, and distribution, and this model has proven to be effective for enterprise software development. However, this model faces a number of practical challenges when businesses try to utilize it so it is vital to have a clear understanding of what is to come out of […]

    • The Bourne Again SHell (Bash) is one of the most common utilities used by Mac OSX and Linux. Yesterday, a bug was revealed in this command shell that could potentially allow remote hackers to take over any system that listens for network connections over the web. This does not affect most everyday users of these […]

    • Isolated incidents of government organizations migrating to open source are popping up in the news. Despite these developments, many governments know very little about the benefits of open source on IT infrastructure. Switching to open source can help government organizations switch technologies and make improvements much more easily, be more agile, and innovate more rapidly. […]