+++++The IDC announced estimates that revenue from standalone open source software will reach $5.8 billion by 2011. In other words, according to Matt Lawton, program director of IDC's Open Source Software Business Models research program, the market is still immature ($1.8 billion in 2006) - and will see accelerated growth over the next five years.
Don't be surprised to see IDC revise its figures upward by this time next year.
John Roberts, CEO, SugarCRM
The advantages of open source development and distribution methodologies are transcending the initial 'low cost' discussions and actually delivering features and functionality beyond what's available from proprietary vendors.
Dave Rosenberg, CEO, MuleSource
Top tier analysts seem to agree that the stars are aligning for open source - not only from an adoption and revenue perspective - but as a serious threat to legacy proprietary players.
Ranga Rangachari, CEO, GroundWork Open Source
The biggest 'sea change' driving the new market growth that IDC forecasts is the mainstreaming of OSS products in the mind of customers. To them, it's all just software after all, and buying decisions are made simply on product functionality (esp. ease of use), price, and the likelihood of quality support going forward.
Bob Walters, CEO, Untangle
The IDC numbers are a nice proof point for what we've been seeing around the globe and support what we're experiencing with our own business - an increase in adoption in both the Alfresco community and with subscription customers that has resulted in a 300% increase in revenues.
John Powell, CEO, Alfresco
DC's latest research tells us that Linux and open source software will continue to outpace proprietary alternatives.
Jim Zemlin, Executive Director, The Linux Foundation
The IDC numbers reaffirm for us something we all know - open source software is growing because it solves real problems for customers.
Dominic Sartorio, President, Open Solutions Alliance
The IDC report shows what our customers have been telling us - the horse is out of the barn for open source software.
Steve Grandchamp, CEO, OpenLogic
I expect that the IDC predictions will be widely surpassed, as open source moves beyond early adopters to mainstream users looking for openness and value.
Fabrizio Capobianco, CEO, Funambol
We know that successful open source projects, like JasperServer and JasperReports, are seeing enormous traction in the market and are multiplying their revenues each quarter.
Paul Doscher, CEO, Jaspersoft
The IDC numbers reflect a realization by the market that open source software is addressing the long-running frustrations customers have with proprietary software.
Gerald Labie, CEO, Open-Xchange
Open source software usage is harder to measure but is having a dramatic impact on small- to medium-sized businesses, both for management that assesses and buys software and for end-users taking advantage of browser-based app use and development.
Tad Gordon, CEO, Lumen Software
For those of you who believe these examples do not relate to your proprietary software, you are probably right.
But, for those of you who are ready to check out this market space and figure out a workable business plan that cashes in on the long tail of open source software usage, things are looking good. You might want to thank the Joomla! copyright holders since this open source market is predicted to have significant growth potential. I hope for you the kind of success predicted by these CEOs.
All together, as a whole,
PS - I wouldn't wait around for someone else to explain how to cash in on this opportunity. Those who think they might have it figured out are probably busy!