Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. A question that I get a lot is, “Why would you create an open-source business?” That ...

The right approach to open source can be a great revenue model for the software provider — my company did it and we've been profitable since day one.

Since its inception in 1998, open source has become the de-facto standard for software development and proven itself as a viable business model.

One such industry, where external enterprises often help drive business architecture by deploying open-source software and technology, is energy and utilities—an ever-evolving and volatile ...

Every company in the world now uses open-source software. Microsoft, once its greatest enemy, is now an enthusiastic open supporter. Even Windows is now built using open-source techniques. And if ...

Open-source software allows anyone to modify, enhance, or view the source code behind it. It can encourage collaboration in development.