Open Source Products Open source development, business models and market opportunity All the data & images are from Internet
Nov 14, 2014
Open Source Products Open source development, business models and market opportunity
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What is Open Source ?
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Open-Source Products
https://en.wikipedia.org/wiki/Category:Free_software_companies All the data & images are from Internet
Business Models• Providing integration and support
• Selling subscriptions to updates and support
• Selling proprietary components to segments of the user base
• Selling premium plugins, applications, services and themes
• Selling hosting services
• Selling the software under a commercial license and releasing the code under an open source license simultaneously.
Further reference: http://sloanreview.mit.edu/article/creating-value-through-business-model-innovation/ All the data & images are from Internet
Market opportunity
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Stop !! Reinventing the wheel…• Just download the source code !!• People buy the solution. Not product…
• You don’t need to create the new technology• Where there is a problem, there is an opportunity..
• Market is created by customers’ needs…
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Sources of creative ideasRef: Teresa M. Amabile
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• Tapping the ideas of customers unmet needs.
• Learning from lead users/customers.
• Empathetic design (Observe how customers are using existing services in their own environment)
Further reference: http://hbr.org/1998/09/how-to-kill-creativity/ar/1
Zen LoadbalancerIntegration of open source products create another product
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Market Leaders CRM
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Commercial Software vs. Open-Source
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Job opportunity
Job opportunity
Product companies
Thought assignments –
What are the business models of Google and Facebook?
What is the difference between market-based development and interest-based development?
Q & A