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Does Open Source Work as a Long-Term Business Model?

yugabyte.com

1–5 of 5 posts

Re: Does Open Source Work as a Long-Term Business Model?

#3
Well open source obviously is very successful if nothing else for the fact so much infrastructure runs on it.

IMO there's a good market for certifying/ validating code used by government agencies/healthcare.

It is not about developing the best software, that's what the open source community is doing.

It is about getting paid to make sure a version meets requirements for a government or healthcare or similar organization where "use at your own risk" is not good enough.

Re: Does Open Source Work as a Long-Term Business Model?

#5
Open source can be a sustainable and profitable business model when companies combine it with strategic monetization efforts, strong community engagement, and the development of a robust ecosystem. However, it requires careful planning and execution to balance the benefits of open source with the need for revenue generation. Like Red Hat Elastic Yugabyte and MongoDB