Open source technology increasingly popular with businesses, research shows

9 August 2010

Financial service providers were among over two-thirds of organisations predicting an increase in their open source technology investment, a new survey has revealed.

A study by Accenture showed that 69 per cent said they will boost spending in the area while over a third are anticipating moving more important services to open source technology in the future.

More than three-quarters stated that the key benefit offered by the technology was quality while 71 per cent cited improved reliability as the main positive.

The study also showed 70 per cent thought open source offered users greater security and more capable bug-fixing abilities.

Paul Daugherty, chief technology architect at Accenture, said: “What we are seeing is the coming of age of open source.

“Through both our research and our work with clients, we are seeing an increase in demand for open source based on quality, reliability and speed, not just cost savings. This is a significant change from just two years ago when uptake was driven mainly by cost savings.”

Training developers how to use the new technology was thought to be one of the main reasons respondents have been hesitant to take up the software.

The study questioned 300 executives from a range of organisations working in finance, sales and CRM.

By Jim Ottewill

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