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Lofty oil prices. Sub-prime mortgage woes. Financial companies (Citigroup, Etrade) stumbling badly. Ouch. Ouch. And Ouch. Whispers of a potential recession ahead continue. That made The VAR Guy wonder: If the U.S. heads into a recession soon, are open source companies better positioned to weather the storm than their closed source counterparts? Let’s take a look.
There’s a lot of chatter going around that open source excels in recession environments. I’m a little on the fence about that claim... but what I’m interested in talking about today is whether open source benefits anyone looking for a job right now. In theory, if open source companies grow in a recession, they should also be hiring.
Is free and open source software (FOSS) a way to cut business costs? As concern about recession deepens, more and more companies are asking this question. The safest way to explore FOSS is one step at a time.
MANY technology firms are floundering amid the recession. But many of the ones that offer services tied to open-source software—free programs written by volunteers who collaborate online—are boasting double-digit growth.
Dana Blankenhorn makes some good points in a post from today titled Open Source in a Time of Recession. One of the better points is that, despite the incredible turmoil in global markets and economies, we actually haven't met the official definition of a recession yet here in the U.S., which would be two consecutive quarters without economic growth.