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Boosted by slightlyoff@toot.cafe ("Alex Russell"):
juanan@infosec.exchange ("Juanan :java: :javascript:") wrote:
Researchers at Harvard Business School and University of Toronto used unique data to quantify the value of open source.
Takeways:
* Supply-side (cost to recreate) is ~$4.15B, but demand-side (value to firms) is $8.8T. Shows massive cost savings & productivity boost from OSS.
* If OSS didn't exist, firms would need to spend an estimated 3.5 times more on software than they currently do. OSS provides a massive, often invisible, productivity boost.
* A tiny fraction of OSS developers create the vast majority of value. Only 5% of developers are responsible for over 96% of the demand-side value
* Firms should not just "free ride" on OSS but actively contribute to the ecosystem, as this is far cheaper than recreating the software themselves.
Source:
https://www.hbs.edu/ris/Publication%20Files/24-038%5F51f8444f-502c-4139-8bf2-56eb4b65c58a.pdf
