How to make MONEY with OPEN SOURCE?

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This is GitHub. The largest host of source  code. You can take someone else's code and   use it in your project. Or you can  just use this software for free.  It's called Open Source. 100 million developers worldwide   contribute to open source. Google, Microsoft,  Nvidia and many other global companies. But what is the point? Why do people and  companies invest in free software? What   open source is about? Voluntary or  business? Let's find out together. First, a few words about what open source is.  Open source is a software that is designed to   be publicly accessible. So, anyone can  see, modify, or distribute it. It's a   bit like a recipe that's shared publicly.  Anyone can see the ingredients and steps,   can try to make it themselves,  adjust, or share it with others. But why do people develop programs and put them in   the public? In addition to creating these  programs, they need to maintain, develop,   update, and provide customer support. And  this is at least time, effort, and costs. Today, all companies and people are  obsessed with intellectual property rights,   patents, trade secrets, and NDAs. So that no  competitor would find out what they are doing,   let alone know their code. And here is the code.  Here you go, you can use it. What's the catch?  When they say "Open Source," the first images  that usually come to mind are these cool guys.   But Open Source did not start with them.  We will come back to them a little later. Open source was born in an academic  environment. And that is not a surprise.   All scientific knowledge is free. There are  no laws of physics under NDA. In science,   it has always been encouraged when scientists  share and openly discuss their findings,   because theories and technologies  are based on previous findings. Who do you think has become one of the  leader in making money on the software?   Microsoft. In 1975, Paul Allen read an article  in a magazine about the new personal computer   and told Gates about it. Gates contacted the  president of that company and told him that   he and his friend were working on the software  for that computer. But in fact Gates and Allen   had nothing to do with the computer, just  emulating the processor. Fake it till you make. The president of the company invited them  to his office, they demonstrated a working   basic language interpreter, and a few  weeks later Paul and Bill were already   partnered with MITS and got royalties on the  copies sold. The company was named MicroSoft. And it would seem that the period of open source  is gone. Computers became private, people realized   that they could make serious money on software.  How has open source survived to this day? Remember we mentioned these guys?   You may have heard about the Linux operating  system. They are the ones who did it. Stallman   was a developer at the MIT AI Lab. He was  disappointed by the move to non-free software,   in which users could not get access to or modify  the code. He decided to create a completely   free and open operating system. Stallman  developed many utilities that an operating   system needed. However, one major component  of the system was still missing: the kernel. Linus Torvalds, a Finnish computer science  student, independently began to develop a free   kernel known as Linux. The puzzle came together.  The Linux kernel with the Stallman system GNU,   provides a fully functional and free operating  system. GNU/Linux, or commonly just Linux. By   the way, this is not a totally geek story,  Linux is used today by at least 33 million   people. Do you know these guys? They built the  most popular browser of the 1990s. Netscape   Navigator. But when Internet Explorer came  out, it was pushing Netscape out of the market,   because it was distributed for free with  Windows. As a result, Netscape had no choice   but to close. Explorer grabbed 90% of the market. Except for one last thing, they decided to open   the source code of their browser. Later it  became the foundation for Mozilla Firefox.   Okay. This all sounds like a social movement  against code privatization and for freedom of   Information, knowledge sharing, etc. So  that means that open source is all about   volunteering and nonprofit? Or not? Well, for example, these companies.   They have built their business entirely on  open-source. And no, they are not non-profit.  Companies usually use the following  business models or mix of them  1. Support or Professional Services. In most  cases, the company does not own the technology,   but borrows open source code and provides various  support services for money. Have you tried turning   it off and on again? Red Hat was one of the first  companies to monetize open source. Red Hat makes   money on subscription for the support, training  and integration services that help customers.   Customers pay one set price for unlimited  access to services and to 24/7 support.   The company was very successful. in  2018 the company was bought by IBM.  2. Hosting or SaaS. Next approach  is – be my guest. Classic Software   as a Service model. WordPress.com is the best  example. It is an open source website builder.  Almost half of all websites are based  on wordpress. You can build and manage   your website for free. But it has to be  hosted on a web server. And Wordpress   can host it for you, for additional cost. And the 3. Premium or open-core. Only part of   the product is available for free. The rest of the  features are chargeable. This model is the most   popular and one of the examples is mongoDB. It is easy-to-use database software. They   started in 2007 with a dream to build a flexible  and scalable database. Two years later they went   open source. They believed in the power  of community. And the gamble paid off.   Developers loved MongoDB. And start using it  from startups to Fortune 500 companies. Later,   MongoDB started offering commercial services. Less common business models are partnerships   (like Google pays royalty to Mozilla for  being default search engine), branded   merchandise, crowdsourcing and donations. But open source is used also for hiring,   marketing, PR. The State of Enterprise  Open Source report said that 82% of IT   leaders are more likely to select a vendor  who contributes to the open source community.  Did you know that without Linux and open source  software there would be no Google. Whaaaat?  In its early days, Google, like many small  companies, used open source software,   particularly Linux, to build its infrastructure​​.  As Google grew, it continued to utilize open   source and contributed back to the community. Another huge open source contributor is Microsoft.   Acquired GitHub, and have open-sourced several  of their technologies. Microsoft positioned   itself as a leader in the open source community,  enhancing its brand reputation among developers.  NVIDIA encourages developers to use their hardware  and software. For example, NVIDIA's CUDA toolkit,   which is used for parallel computing  on NVIDIA graphics processing units,   includes several open source libraries. Alibaba open-sourced several of key   technologies.They do it in order to promote  the use of their technology on a global scale.  But it is not only companies that benefit from  open source. The key players are developers.   Millions of guys around the world who have built  a strong community. Where you can share knowledge,   look up, get and give advice or help  to improve, if you know how. And all   your activity on Github is essentially your  CV (everybody can see all the achievements,   comments, creations, where your comments  were accepted into production or not) And yet, open source - volunteering or business?  It seems that everyone has their own agenda   here. And there is both social motivation (like  knowledge sharing) and a desire to make money If it was interesting, like and  subscribe. Let me know what you   think about open source in  the comments. Stay tuned!
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Channel: Victoria Endless
Views: 15,423
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Keywords: open source, startup, redhat, github, linux, business model, victoria endless, bill gates, Richard Stallman, Linus Torvalds, Paul Allen, GNU, Netscape, Mozilla Firefox, Marc Andreessen, why open source, what is open source, open source contribution, contributing to open source, opensource, opensource software, open source career, how to contribute to open source, what is open source software, open source projects, open source projects for beginners, github for beginners
Id: 60kE_LNBVdk
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Length: 7min 30sec (450 seconds)
Published: Mon Jul 17 2023
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