Open source software is now a multi-billion dollar industry




  • Open source software is now worth an estimated $7.7 billion annually
  • Median organizational spend stands are more than half a million
  • Most investments are in the form of human labor, not cash

The continued rise in popularity for open source software (OSS) has made it a multi-billion dollar industry attracting investments from companies all over the world, new reseach has claimed.

The 2024 Open Source Software Funding Survey found organizations across the world are contributing an estimated $7.7 billion to open source projects every year.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *