Show HN: Goldman Sachs open source data management platform
1–5 of 5 posts
Re: Show HN: Goldman Sachs open source data management platform
#2what is their incentive for doing this, i doubt its out of altruism or "giving back"
Re: Show HN: Goldman Sachs open source data management platform
#3what is their incentive for doing this, i doubt its out of altruism or "giving back"
Purely speculation, but introducing a dependency that their competitors may need to rely on could create a new revenue stream through a service-like business model. Community contribution could be invaluable as well, but judging by the repo status, it isn't very popular...yet?
Re: Show HN: Goldman Sachs open source data management platform
#4what is their incentive for doing this, i doubt its out of altruism or "giving back"
I think the goal is efficiency. The realization that having a shared data strategy across the industry benefits everyone, including regulators, and make technology stacks more efficient.
Of course, like any other tech company, I think there's the desire to mutualize the cost of maintaining a core component (e.g. Facebook with Cassandra, Google with Kubernetes, etc).
Re: Show HN: Goldman Sachs open source data management platform
#5what is their incentive for doing this, i doubt its out of altruism or "giving back"
Purely speculation, but introducing a dependency that their competitors may need to rely on could create a new revenue stream through a service-like business model. Community contribution could be invaluable as well, but judging by the repo status, it isn't very popular...yet?
Community contribution is definitely one of the goals.
And I mean, it got open sourced 2 days ago...so 100 stars is not that I bad I think...
And the trend is pretty positive https://porter.io/github.com/finos/legend
Would love to hear your feedback