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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

Wednesday, June 29, 2022

What Is the Worth Of Open Source


Red Hat, the largest company developing open source code was acquired for 34 billion USD by IBM.

So what is the value of open source code production?

I estimate the open source approach to software code development is worth around 10 trillion USD in the long term. Just the value of Apple, Microsoft, Amazon, Alphabet and Meta was close to 10 trillion USD 1, one year ago.

Actually, IBM intends to develop its open, hybrid cloud future based on Red Hat capabilities.

Infrastructure as a Service, IaaS is the largest cloud computing business by revenue.


Analysts have been estimating that only Amazon's AWS cloud business could be worth 3 trillion USD.

GitLab is an interesting company trying also to develop open source cloud applications.

In my personal opinion, cloud computing's whole area of business could worth North of 10 trillion USD in 10 years time, because computing is essentially becoming computing.

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