SUMMARY - LEVERAGING OPEN SOURCE TO BUILD STARTUPS TALK@LOUNGE47, 5TH JULY, 2014 - SRIVIBHAVAN BALARAM, GM & MD VOCERA COMMUNICATIONS, INDIA., FOUNDER CLOUDBYTE “Leveraging Open Source To Build Startups” conveyed several important messages to Startups considering Open Source. 1) Contribute before you consume, because Open Source is a community-driven model and being part of the family helps you understand its future direction, a detail which could be important to your Startup 2) Contributing to the Open Source pool gives companies, especially Startups, extra credibility with customers 3) Using Open Source allows you to narrow down and focus on your key challenges, the net result being that Startups gain time and a good quality crowd-tested foundation 4) When used correctly, investors would regard Open Source-usage as a means to reduce technology and execution risk 5) Startups should also consider employing continuous due diligence to ensure that engineering staff follow the intended fit of Open Source within the business. 6) Since it has strong licensing clauses, founders should use Open Source with care – and see if it matches their vision of building the company.
Posted on: Mon, 07 Jul 2014 03:07:53 +0000
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