Weakening Economy Good for Open Source, Panel ClaimsBy Peter Galli | Print
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The absence of money is a big catalyst for innovation, particularly around open-source solutions, Ubuntu founder Mark Shuttleworth said.
SAN FRANCISCO—Experience has shown a weakening U.S. economy would be good for open source, as a shortage of cash is usually a major catalyst for innovation, particularly around open-source applications, Mark Shuttleworth, the founder of Ubuntu Linux, said at the annual Open Source Business Conference here March 25.
Roger Burkhardt, president and CEO of open-source database firm Ingres, agreed, noting that as the economy slows, budgets tighten and people have to do more with less. Also concurring was Zak Olaf, vice president of products at MySQL, who said the lower cost of open source is part of its appeal in an economic climate such as the current one.
They were all speaking on a panel titled "The Future of Open Source: Exploring the Investments, Innovations, Applications, Opportunities and Threats." They were also responding to the findings of North Bridge Venture Partners’ annual "Future of Open Source" survey, which found that 81 percent of respondents thought economic turbulence is good for open source.