| |March 20199This revolution has dramatically changed the landscape of technology companies. There have been a number of companies and non-open source technology casualties (Sun Microsystems, Sybase, Windows Vista, Informix, OS/2, Novell), as well as an explosion of successful startups and technologies (Google, Twitter, RedHat, Facebook, LinkedIn, MySql, Hadoop, Cloudera, and many more). Many of these successful companies share their innovations via code contribution to the community, and or by the introduction of new products and services, that fuel the global growth of the technology industry.The technology market has rebounded to a $6 Trillion dollar industry. This capitalization is still shy of the market's peak of nearly $8 Trillion dollars back at the height of the dot-com bubble of 2000. The biggest difference this time around is that the valuation is now based on a mature industry that is powered by great companies with sound business models. Many of these companies have leveraged the open source ideal and technologies to build and offer innovative products and services that are driving this growth. That maturity is seen by the sector's current diversification of companies. In 1990 80 percent of the sector's valuation was contained within 20 percent of the top technology oligarchs. Today we see only 30 percent of the valuation spread across the top 10 companies. This valuation spread makes for a healthier and more competitive industry. Open Source now pervades in just about every innovation that the industry does from a technology perspective. It has been exhilarating to see it arrive from the periphery to the main stage of businesses of all sizes. Personally, I have embraced Open Source and have tailored most of my technology decisions around it. Many businesses are successfully implementing solutions that utilize a secure and stable operating system (Linux), incredibly powerful databases (MySQL, PostgreSQL, Hadoop), a dependable and functional web server (Apache), and flexible programming languages (PHP, Perl, Python, GCC) on new or aging inexpensive hardware to accomplish most of their technology needs. All of this while not breaking the bank. What is next for Open Source?Open Source has become the driving force behind the recent acceleration in technological innovations (Big Data, Internet-of-Things, OpenStack, Open Container). The introduction of these new innovations has created a boom in new "start-ups" that are being funded to incredible valuations. Some may go as far as saying that we are in the early stage of a new technology/Internet bubble. The next logical step will be an increase in consolidations among some of these young and new companies. The ongoing participation of thousands of independent programmers, as well as the support and involvement of large corporations, will continue to disrupt many industries and dramatically change the way we live and work today. Here are some of the new technologies to keep an eye on: Apache Hadoop (Cloudera, Hortonworks, IBM, AWS, Teradata) Apache Cassandra (Facebook, DataStax) Apache Drill Open Container (Docker, CoreOS) Kubernetes (Google) Apache Mesos (Twitter, Airbnb, MediaCrossing) OpenStack (RackSpace, Red Hat, IBM, Mirantis) Spark (Databricks, IBM) Storj (Storj, DriveShare, MetaDisk) Internet-of-Things (Altair, OpenIoT) Machine Learning (Scikit-learn, Oryx, PredictionIO, Mahout) Programming Languages (Ruby, GO, AngularJS, F#) Nginx (web server)With all the success come some challenges. Large enterprises have expressed concerns over governance issues. The Open Source movement will need to focus on enhancing contribution policies, code approval process, and legal indemnification. There are a couple of technology frameworks like COBIT (Control Objectives for Information and Related Technologies), and ITIL (IT Infrastructure Library) that can be utilized to address some of these concerns. This will be very important in reducing security, operational and legal exposure. My advice to everyone is to embrace the technology innovations that this movement continues to produce.
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