Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Sunday, May 15, 2022

Open Source Coding Approach As Information Technology Disrupter


Open source software has long held the promise of displacing close source software production that is dominant nowadays via Microsoft's Windows and MS Office software and Apple's Macintosh computers operating systems.

Red Hat, the main open software corporation was valued at 40 billion USD at one point of its history.

Open source, however has not been able to live up to its promise, up till now.

R, Python, SQL, Android etc. are all open source projects. It seems the world is mature enough to accept that blue dyed hair techies or geeks called otherwise can actually serve corporations well.

Nobody minds the geeky Mark Zuckerberg, or at least all the major, sturdy, highbrow corporations of the world are tripping over themselves to advertise on the Zuckerberg owned and run Facebook software, part of Meta.

GitLab is trying to bring open source code to cloud computing via its open source code repository, collaboration, adaptation and ultimately high quality software applications output. It is interesting how the dominant mandarins of cloud computing, namely Amazon, Microsoft and Google Cloud, part of Alphabet corporation will react. Up till now the established corporations in Infrastructure as a Service cloud computing are largely ignoring the new open source competitor GitLab

History has shown via iPhone against Blackberry and Nokia, Google against Yahoo, Facebook against everyone else that this could be very dangerous.

It remains to be seen how things will come out.


No comments: