HOME > BUSINESS > Open Source rising as Cloud Computing, Analytics take off – Study

Open Source rising as Cloud Computing, Analytics take off – Study

wiproOpen source software has become a critical driver for innovation at leading companies and public-sector organizations around the world, according to a new research report produced by Oxford Economics in partnership with Wipro Limited.

The report, The Open Source Era, also shows that open source software is essential to the use of other cutting-edge technologies and that open source methodologies have spread far beyond software development.

Over 75% of respondents said that open source software will power their company’s cloud computing efforts in three years, and more than 60% of respondents believe that open source will power their big data initiatives in three years.

Open Source software are those that are not owned or restricted by any person, and anyone is free to copy, modify, use and redistribute it without paying money to anyone else.

Unlike traditional software, which required customized solutions for each person, most of the ‘connected software’ in the world is made up of open source components, including the Internet and much of today’s cloud computing architecture.

“Open source solutions are already firmly entrenched in a variety of business functions, and open source is a growing factor in supporting other technology initiatives—a majority of companies noted that open source software supports their mobile frameworks and a substantial number reported that it powers their middleware and content-management systems,” Wipro said.

Wipro, under the leadership of TK Kurien, has been one of the most aggressive pursuers of open source opportunities. Infosys, under its new CEO Vishal Sikka, has also started focusing on open source to provide cost-effective and highly scalable solutions.

“Open source is mainstream today; it is robust, scalable and is being used by organizations to create competitive advantage. With a model of sharing as opposed to owning, open source has enabled better developer collaboration, faster time-to-market and lower TCO across geographies.” says Bhanumurthy BM, President and Chief Executive, Business Application Services, Wipro Ltd.

The report is based on a survey of 100 business and technology executives in North America, Europe, and Asia/Pacific across the financial services, retail, and healthcare industries and government entities, as well as interviews with executives at enterprises using open source. Respondents across this wide spectrum of activity and geography are in broad agreement about the power and potential of open source software.

“The message from the data is clear—open source is enabling measurable success for business and public-sector users around the world,” says Edward Cone, Technology Practice Lead at Oxford Economics.

“It is a key to innovation, a building block for other technologies, and an increasingly important way of organizing other types of work.” In a trend with far-reaching implications, open source methodologies are driving innovation beyond software development. One-fifth of executives surveyed said that they use open source methods widely across the business. Open source’s collaborative, iterative process has led to more co-creation with customers and new lines of business.

Follow ULTRA.news
Wipro wins 5-year IT outsourcing deal from Telenor’s Bangladesh unit IT solutions provider Wipro said it won a five-year IT infrastructure and applications managed-services contract from Grameenphone, the Bangladesh telecom operator owned by Norway's Telenor. Under the agreement, Wipro will manage the entire IT infrastructure of the largest mo...
FITE says 11 cases against Tech Mahindra layoffs moved to courts The Maharashtra unit of Forum for IT Employees said 13 disputes over forced resignations and  layoffs at IT organizations have been moved to the labor courts after failed mediation attempts by state labor authorities.FITE meets Maharashtra CM11 of the 13 cases were filed...
Wipro brings big data solution to Microsoft’s Azure cloud platform Wipro, one of India's largest IT services providers, said it has brought its big data analytics solution, Data Discovery, to Microsoft's Azure cloud platform.Big data solutions help companies collect, store and analyse huge amounts of raw data produced by sensors, cameras, sa...
Wipro opens Artificial Intelligence research facility in Israel University IT and outsourcing services provider Wipro said it will use students at Israel's largest university to jointly conduct research into artificial intelligence.The company inked an agreement with Tel Aviv University, Israel's largest institution of higher learning which is home ...
Vishal Sikka says Infosys trying to retrain employees displaced by automation Infosys Chief Executive Officer Vishal Sikka said his company was not overwhelmed by the problem of automation and that it is trying to retrain its staff displaced by automation.Sikka was responding to a question on 'what happened to the 11,000 employees' displaced by automat...
Wipro to develop on Red Hat’s OpenShift container platform IT services company Wipro Ltd said it would collaborate with commercial Linux maker Red Hat to set up what it called a "cloud application factory" to offer developers a platform to modernize cloud applications."Wipro’s cloud application factory will have a dedicated services...
Smart fridges, ovens make for easy hacking targets – Wipro report There was a massive 54% increase in the number of records stolen by cyber criminals across the globe in 2016, and the expanding adoption of connected devices is increasing the danger of hacking, Wipro Ltd said in its State of Cybersecurity Report.The report found that the em...
Wipro rebrands itself, reveals new logo Outsourced services provider Wipro Ltd said it was undergoing a rebranding to reflect its evolving business."The new brand identity signifies a higher level of engagement and brand permission that helps clients leverage Wipro’s expertise to address their business requirement...
Bots cut Wipro employee strength by 12,000 A NASA RobotA pioneering artificial intelligence program that started getting deployed around mid-2016 has helped Wipro Ltd reduce its employee numbers by 12,000 people, the company said in its recent quarterly update."The HOLMES platform generated productivity worth ove...
Wipro refuses to reveal how many employees are being laid off Wipro Ltd, one of India's top employers, refused to confirm the exact number of people that it was laying off as part of its annual appraisal process."It is part of the internal appraisal process," company officials said, refusing to go into further details.The media ha...
After Cognizant, Wipro employees on edge as annual appraisal starts India IT growth: Nasscom Strategic Review 2016Employees of Wipro Ltd are nervous as the information technology giant has kicked off its annual appraisal process this month.The first of the several reviews, known as L1 or level 1, has been completed, and at least some emp...
Wipro buys InfoSERVER, a Brazilian IT outsourcing company Weeks after acquiring Appirio, Wipro is at it again. This time, it is buying InfoSERVER, an IT services provider focused on the Brazilian market, for $8.7 Mn (Rs 60 cr). Two-decade old InfoSERVER provides custom application development and software deployment services, th...
Wipro reports poor third-quarter, outlook for 1-2% growth Wipro Ltd has reported poor third quarter results.The highlights are as follows.Gross Revenues were 136.9 billion ($2 billion), an increase of 6.4% YoY.Net Income was 21.1 billion, a decrease of 5.7% year on year.Both numbers are below market expectations. ...
Wipro’s TK Kurien steps down earlier than expected After TCS' Chandrasekaran, it is the turn of Wipro's former CEO and current executive vice chairman TK Kurien to retire. He was expected to step down in March.He will step down at the end of this month, a year after he was moved out of the CEO position.“TK and Abid ha...
Wipro joins the Open Banking bandwagon, releases new platform Wipro Limited launched its offerings that use Open Banking API technological platform.Open Banking platform is a Europe-based standard that lets third party developers build applications and services that tap into a bank's core services and infrastructure.For example, on...
Wipro buys Chinese consumer products company Wipro Consumer Care and Lighting, part of the Wipro group, is buying 100% of Zhongshan Ma Er Daily Products Limited, a Chinese Fast Moving Consumer Goods (FMCG) company, in an all cash deal. "This acquisition will help the company leapfrog into the leading position in South C...
Wipro to sell its cloud service via Oracle platform Wipro Limited, an India-based information technology, consulting and business process services company, said it had joined Oracle's Cloud Managed Service Provider (MSP) Program.Wipro's Boundary Less Data Center offering has been integrated with Oracle's twin cloud offerings -...
Wipro says ESIC withholds dues under contract IT provider Wipro Ltd said Indian government's Employees' State Insurance Corporation has withheld payments due to it after the completion of a project, and it will take legal action to recover the amount.The seven-year contract, named Project Panchdeep, was completed on June...
Wipro launches file transfer service on Microsoft cloud platform Wipro has launched a cloud-based file transfer service for enterprises.Wipro's Managed File Transfer as a Service (MFTaaS) platform utilizes Microsoft's cloud platform Azure.File transfer software is used by companies to move large chunks of data from one location to...
Wipro wins 5-year cloud infrastructure deal from Sweden’s ASSA ABLOY Wipro, one of India's top IT outsourcing companies, said it has won an IT infrastructure "transformation contract" from the ASSA ABLOY Group, one of the world's biggest door-opening solutions provider.As part of the five-year agreement, Wipro will consolidate ASSA ABLOY's exi...
Wipro Results: Attrition falls to 16.3%, In single digits at BPO Wipro Ltd said the number of employees leaving the company of their own accord fell to 16.3% in the year 2015 from 16.5% in 2014.Much of the improvement came from the BPO unit, where attrition fell below 10% for the first time in many quarters.For the calendar year 20...
Wipro disappoints with flat QoQ revenue growth Wipro first-quarter IT Services revenue disappointed with a sequential growth of just 0.2% in constant currency. YoY, constant currency growth was 8.1%.In dollar terms, IT Services Segment Revenue was $1,794.1 million, a sequential increase of 1.1%.The performance is ...
Wipro acquires Denmark-based design firm Designit In an announcement that coincided with the release of Tata Consultancy Services' quarterly results, Wipro Ltd said it has agreed to acquire Designit, a global design firm based in Denmark.The Denmark-based firm specializes in designing user experience, interaction design and...
Is the golden age of the IT professional over as Infosys, TCS, Wipro lose weight? Wipro will cut one third of its employee base. Tata Consultancy Services to apparently let go off 25,000 senior employees (according to Business Standard). Infosys is in the middle of a transformation aimed at limiting the number of employees and increasing the use of automation....
Wipro to deliver SAP mobile solutions Wipro said it will deliver managed mobility services as part of SAP mobile solutions. Wipro’s cloud-based, managed mobility services offering for SAP mobile solutions will span SAP solutions including the SAP Mobile Platform, the SAP Work Manager mobile app and the SAP Mobile...