A creative Open Innovation strategy promotes a mindset for collaboration that is counter to the ‘closed silo’ approach of most legacy organizations. That said, the benefits of increased openness are apparent. Open technology ecosystems have driven ongoing cooperation in the Global Networked Economy.
Open IT solutions are gaining momentum. Most savvy CIOs and CTOs already have plans to increase their applications for open-source software projects. While that software is an established component of on-premises enterprise data centers, the untapped opportunity is open IT hardware infrastructure.
According to Juniper Research, the total number of Open Banking users — who share data via Open Banking APIs to access new services — will double between 2019 and 2021; reaching 40 million in 2021, that’s up from 18 million in 2019.
Annual AI software revenue will increase from $10.1 billion worldwide in 2018 to $126 billion in 2025. Hybrid solutions will account for 36% of global annual revenue in 2025, compared with cloud-based AI offerings (20%) and pre-built AI solutions (20%).
Open Source Summit North America is a conference for software developers, architects, and other technologists to collaborate, share information, learn about the latest technologies and gain a competitive advantage by using innovative open solutions.
via Linux Foundation
“EMER²GENT brings together industry and talent to cooperate in ways that have never been witnessed before. These are unprecedented times. But we’re all in this together — We operate on three simple principles encompassing open data and open source culture.”
“Big tech has already, largely, mastered the Open Source way, using it as the backbone of much modern technology, making Foundations like the Linux Foundation or the Apache Software Foundation the largest shared technology investments in the world.”
IT Infrastructure is hardware, software, networks, data centers, facilities and related equipment used to develop, test, operate, monitor, and manage services. Open Infrastructure is built from open-source technologies, available for all users to work with, to improve and contribute back.