GitLab is an open-core, open source company that provides a git type code repository and collaboration platform and tools.
Open source code software has long held huge promise as evidenced by the Red Hat Company which at one point traded at Price/Sales ratio of 1 000 and 40 billion USD market capitalisation.
For one reason or another this potential has not been fully realised. Large corporations have typically not trusted the technologists with non standard looks, geeks in short, that prefer and develop open source based software. This has prevented open source companies from quickly scaling and thus becoming corporations valued at hundreds of billions or event trillions of USD like Microsoft, Meta or Apple.
GitLab is a ray of light that trail blazes the path for open source technology. Companies like Goldman Sachs, Siemens, Fujitsu and governmental organisations like NASA are already using GitLab which is a huge testament for GitLab's software product quality.
Actually, GitLab provides the core, the bedrock for software production, namely how to collaborate, integrate teams and ultimately produce high quality computer code. This makes GitLab an important player in the Infrastructure as a Service, IaaS segment of cloud computing. And Infrastructure as a Service is the largest segment in cloud computing which is already more than a 100 billion USD in yearly revenue run rate market.
It remains to be seen whether GitLab's innovative open source approach will make bigger inroads into cloud computing and thus ultimately change the way we compute. As far as I am concerned, GitLab has reasonable chances of success in becoming one of the modern day's technology disrupters.
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