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Free Open Source Software Is Costing Vendors $60 Billion?

conan1989 writes to tell us that a recent report from the Standish Group is claiming that open source is costing the traditional software market somewhere in the neighborhood of $60 billion per year in revenue. "MySQL Marten Mickos has often spoken of 'taking a $10 billion market and making it a $3 billion market.' If you consider that open source has taken out $60 billion of traditional software revenues there will be a bloodletting in the proprietary world soon enough. It's a great time to be an open source company."

3 of 384 comments (clear)

  1. Not only the software vendors are suffering. by yet-another-lobbyist · · Score: 5, Funny

    We just completed a study for a company selling bottled oxygen: the free availability of air on the planet causes them losses in the neighborhood of $866 billions in revenue -- annually!

  2. Re:Stupid. by Karem+Lore · · Score: 5, Funny

    ME TOO! I have lost $94 million dollars last Friday ,and countless billions over the last few years, due to some other euromillions lottery players...

    --
    When all is said and done, nothing changes...
  3. A real horror story for business by Anonymous Coward · · Score: 5, Funny

    This is Slashdot. We know that there is no need to pay people to break Windows. It was already broken when we got here

    I often wonder how many billions all the free high-quality insight and advice that we give out here at Slashdot costs consultants in lost revenue.