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+-   Free Open Source Software Is Costing Vendors $60b-> on Monday April 21 2008, @08:34AM conan1989

Submitted by conan1989 on Monday April 21 2008, @08:34AM
programming
conan1989 writes "Study Finds ""Free Open Source Software Is Costing Vendors $60 Billion

Open Source software is raising havoc throughout the software market. It is the ultimate in disruptive technology, and while to it is only 6% of estimated trillion dollars IT budgeted annually, it represents a real loss of $60 billion in annual revenues to software companies," said Jim Johnson, Chairman, The Standish Group International, Boston, MA

If the $60 billion is true (and I would assume based on Standish's five years of research it is) then we have been dramatically underestimating the impact open source is having on the traditional vendors. We've known there is a effect, and now we finally have some numbers (and $60 billion is a whopper.)"
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