THE EMERGENCE OF OSS INVESTMENT
THE EMERGENCE OF OSS INVESTMENT
Now that cloud computing has revolutionised the concept of integrated data and the methods available for unlocking its value , some investors might be wondering what the next area for growth could be . Opensource software ( OSS ), with its increasing renown for being smarter , better , faster and cheaper than its closed-source equivalent , may give some indication of what venture capital firms should investigate .
“ Often , it isn ’ t very easy for legacy technology companies to compete with open source projects because of their powerful communities , strong grass root adoptions , and a bottomup approach to sales and marketing . OSS companies effectively leverage these strategies . Similar to the way Elastic leveraged OSS to go after Splunk , I believe we will see many more traditional software companies challenged by open source projects .” From Bessemer Venture Partners ; Amit Karp , Partner .
93
See our top 10 fintech VC firms overleaf
www . fintechmagazine . com