Every business is unique and so are their needs. A survey done a few years back for open source technology revealed that about 78% of all companies choose to use open source and only less than 3% of the companies don’t take advantage of the open source in any possible ways.
Using open source development has always been a good idea as it helps to consider the business more holistically. Since a business is often more than a stream of revenue, you need to think about how you can segment the market, how to interact with the customers and what are the key activities and the sales channels.
Startups often use open source technology to release their product faster without any downsides. Though it is true that startups need to take the risks and move quickly to establish themselves, they should consider things carefully.
They need to know how to interact with their customers, their sales channels, key activities, value proposition and partnerships and key resources.
Startups Often Try To Cut Down Expenses and Open Source Platform Helps Them
The reason behind their choosing an open source platform is that they can significantly cut down the expenses and time in developing essential tools or components of the product from the scratch. The less money you spend on your product, the lower is the end price.
Maintaining the initial cost of your product is critical for startups as they are constantly aimed to reduce the expenses and are often forced to pivot the product in case it was not as successful as it was expected to be. However, there are also other advantages that stimulate the startup companies to choose open source every year.
Wide Range of Tools, Plugins and Modules Often Helps In Saving both Time and Money
Thanks to the large community of open source development platforms that it comes with a wide variety of plugins, tools, modules and also pieces of codes available over the internet that help to solve different tasks quickly.
You may require more than 10 hours to write a specific module for your software system, but it will only take 10 minutes to download the open source tool that fits your needs.
At times, you may have to select a new software for your upcoming project. Not only should you check every option having the required functionality, but also make sure that the management approves the decision and pays for it.
In case of open source development, you can take a quick decision for yourself and don’t have to depend on the company’s investment policies.
Bugs Are Quickly Fixed As There Is a Huge Community Support Available
It is said that open source development is not reliable because of its public availability. But chances are also high that an open source approach significantly increases the number of developers checking the software for any errors. And in case any issue is found, they work together to fix it.
Since more eyes are on codes, more bugs are found and fixed within the stipulated period of time. The fact that open source software has a strong community support, makes it better and is also a security indicator on its own.
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