Mon, Jul 28, 2014, 4:04 PM EDT - U.S. Markets closed

Recent

% | $
Click the to save as a favorite.

Actuate Corporation Message Board

  • richardtherings richardtherings Jul 26, 2010 9:22 PM Flag

    A quiet revolution

    July 2010

    Open source is thriving in the business world, and in the public sector, but why now, and just what is it about open source software that hits the spot? Ash Nanda, VP of Services at Actuate UK investigates.

    The momentum driving widespread business adoption of open source software (OSS) is building at its fastest pace yet, with governments around the world now championing OSS in an unprecedented way and many businesses embracing the software almost without realising it. But why?

    The next three years are expected to see a massive explosion in open source adoption across the world’s developed markets, with prominent backers including UK Prime Minister, David Cameron.

    Respected analysts like 451 Group, Forrester and Gartner have long charted the important potential of OSS in fostering innovation, and it is no coincidence that all of the major software vendors are now taking OSS much more seriously - including Microsoft.

    Gartner has been widely cited as predicting that as many as 90 per cent of companies across the world will be using open source software by 2012. While it has since tempered such claims, there is no doubt which way the firm sees the software market moving.

    A recent international study by Forrester, meanwhile, found that the planned implementation or expansion of open source software in businesses is now higher than that of any other technology. It puts this down to OSS’s popularity among technical innovators - i.e. those at the coal face
    CONT.....

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Unfortunately all the companies do this. Their biggest competitor, HP, runs their business the same way. When they bought EDS, the EDS people took pay freezes and cuts and budgets were froze. It stinks, but corporate America stinks. That said LXK is a cherry to be picked by some company.

    • Yeah, and speaking of Lexmark. The jackass CEO still isn't giving any raises (at least not the US employees) even after the awesome 2nd quarter earnings. I'm sure his bonus won't suffer any come the end of the year but screw all the people actually doing the work! What a piece of work this guy is. I guess that's good news for the stockholders, more money for them. That is if everyone doesn't walk out and leave Lexmark in ruins because the CEO is a tool!

    • It is hard to say with MSFT as they rally missed the mobile phone movement. They are probably trying to recover with a different strategy and I don't know enough or think mobile BIRT would help them.

      I'm looking forward to the numbers and call on Monday. Here is a recommendation for you based upon all my research to date. Believe it or not, look up LXK (Lexmark) and take a look at their financials. They are the best I have seen and I am shocked that they have been acquired or PE hasn't stepped in. I don't know if they have anything prevent it, but they are a cash machine and just announced numbers that were tremendous. You might want to pick up a few shares as I see a 30 t0 40% premium on this one. Nothing is for sure, but even without a merger, if and when the market goes higher this will go much higher. A forward be of 8.8. The Ebitda is absolutely awesome.

    • Bimm...Yes , it has been selling off the past week or so...but , that is normal toward the end of the month...& more so , at the end of the month , when it is at the end of any given Q....example..On June 30th we closed at $4.45....& today we are at $5.03 with 3X lower of the average volume....that is good in 30 days...Me personally I am happy for now , at around $5.00 - $4.75....or so...below , $3.99 , I am a buyer again.......This CCall , I am hoping they can raise guidance or some kind of an upgradeable news......The article i posted on IPAD , is a strong statement about , "Half of all Fortune 100 companies already deploy the iPad just three months after its launch.".....
      ACTU was offering first 90 days free...which means , noney would start comming in the start of 3rdQ....If we can get some visability, on this , ACTU will guide higher...
      Bimm...How much does the Ipad & Iphone hurt or take away from MSFT?..VS Desk Top
      .Enought for MSFT want a bigger footprint , in Mobile OS BIRT & the Enterprise ??..

    • No, I think he joined for legal leverage. I don't think the quarter will be a disaster, I think it will be the same with little to no growth and they will spin it. I could be wrong, but I hate to go into earnings holding any stock. If you noticed, this has been selling off the past two weeks, not lots of volume, but still down.

    • New delivery models
      Among the attractions of open source software is its enormous flexibility - offering a freedom from the restraints of traditional commercial licences, and rapid speed to market with new capabilities thanks to the sheer range of tools and features that are out there for the taking.

      Indeed, OSS is set to play an increasingly pivotal role in the way the software industry develops, not least as delivery models shift away from proprietary software purchases towards flexible, remotely-hosted, cloud-based infrastructures - which rely on interoperability, agility, scalability and cost-efficiency.

      Appealingly, open source developers tend to be at the cutting edge of their field, too, affording adopters tangible competitive advantage. Most new web-based or collaborative projects are based on OSS.

      Mature technology
      Concerns about lack of control, quality, security and support are now largely redundant, as OSS has reached maturity. How often do we hear of security breaches affecting Linux, for example, compared with those associated with Windows? That’s because Linux has so many more people involved in quality assurance - people with a vested interest in getting it right.

      Organisations no longer have to worry about a fragmented supply situation, either, as the size and credibility of players grows. Most successful OSS projects today have been staffed and managed by a single software provider. Even where projects are not managed by a single vendor, there are formal processes governing how code is submitted and tested, to ensure the utmost reliability.

      Indeed, where companies haven’t yet adopted OSS now, it’s typically simply because they haven’t considered it. This was confirmed by a recent international survey conducted for Actuate, into attitudes to open source software among big businesses.

      This is probably because open source grew out of small technical communities, so hasn’t had the resources or inclination to push its products through a slick branding and marketing machine.

      The unseen guest
      Despite this, OSS’s use in companies is set to grow - whether those higher up the organisation, including the CIO, actively embrace the technology or not, thanks to its free and easy availability via the internet.

      In some cases, OSS is brought in because commercial software alternatives have too large a footprint, or are too feature-rich for the current purposes, or because a new level of openness and interoperability is required - something which tends not to be in the best interests of a proprietary software vendor.

      Huge high-profile networking websites as Facebook and LinkedIn use OSS extensively. The latter uses the open source database, MySQL, to handle its massive database of more than 30 million subscribers.

      Even banks, among the most conservative users of IT of all, are embracing open source software. The Bank of East Asia, faced with a need to keep pace with the changing regulatory climate, turned to OSS for its regulatory reporting needs, favouring trusted, established brands including Temenos T24, MySQL and Red Hat Linux.

      Now its regulatory reports can be easily and securely modified as required, using dynamic parameters, and are always up-to-date. Meanwhile, an open source Eclipse BIRT-based business intelligence solution coupled with value added BIRT products from Actuate, provides secure web deployment without the need for complex integration.
      CONT...

      • 1 Reply to richardtherings
      • Cost-effectively delivering the business agenda
        The current recession has played a part in pushing OSS up the corporate agenda, too, thanks to the freedom from expensive, restrictive and binding software licences.

        It is generally accepted that it can cost 70-90 per cent more to buy a proprietary product - though of course the support costs remain.

        At the same time, organisations are gaining access to the broadest possible range of functionality, all of which is easily integrated, allowing them to do more with less - right across the spectrum, and tapping into all of their key priorities, for example:

        achieving a holistic view of the customer;
        joining up systems, to facilitate easy information-sharing and collaboration across departmental or geographical boundaries;
        attaining a single, synchronised information system across online and offline parts of the business;
        real-time data interrogation, analysis and reporting;
        enabling consistent, unified customer interactions across multiple channels;
        enhanced customer self-service, through direct, security-protected access to their account information.
        Turning a blind eye to OSS is no longer an option. The technology is here, it’s often free and easy to download, and it adds clear value for the developer and integrator - and is entering most organisations by the back door anyway.

        Competitive advantage comes from having foresight and being prepared and able to do things differently. Open source software delivers that in spades.
        http://www.bcs.org/server.php?show=conWebDoc.36422

 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.