The right approach to open source can be a great revenue model for the software provider — my company did it and we've been profitable since day one.

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. A question that I get a lot is, “Why would you create an open-source business?” That ...

Since its inception in 1998, open source has become the de-facto standard for software development and proven itself as a viable business model.

The implications of this evolution are that open-source software companies now have the opportunity to become the dominant business model for software infrastructure.

Open-source software allows anyone to modify, enhance, or view the source code behind it. It can encourage collaboration in development.

This latest set of open source tools – powered by Versium’s best-in-class audience insights engine – enables developers, data scientists and marketers to create models to better predict ...