Opening Up to Open Source
Opinion: Not only is open source proving itself cost-effective, but the industry around it is maturing.Nothing says "mission critical" more than peoples money. The technology platforms that support retirement accounts, 401(k) plans, corporate pensions and insurance annuities must be reliable, secure and adaptable. Thats why mutual fund company Fidelity Investments is looking to increase its investment in open-source software. Its been a long time since open source became "ready for the enterprise." Fidelity took baby steps with Linux a few years ago and has continued to build on that ever since, Charles Brenner, vice president of Fidelitys Center for Applied Technology, told eWEEK Senior Editor Darryl K. Taft in this weeks issue.
Open source has been cost-effective for Fidelity, but another reason for this expansion is that while open software has matured, so has the industry around it. Although startups still predominate, in the past year all the major technology vendors have made significant open-source moves, either by releasing their own software under free licenses or by acquiring smaller vendors to bolster their open-source support. Open source has not, as some predicted, been the death of the corporate software model. But it is indeed transforming it. "I firmly believe that the pressure from open-source projects has already upped the ante for large corporations to adapt" to opening up their businesses to open-source opportunities, said Greg Roy, senior systems engineer at Flight Centre North America.