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Why Companies Participate in Open-Source Software Projects? T | GoLinux Eth

Why Companies Participate in Open-Source Software Projects?

The General answer: it is a time of “coopetition” than competitions to survive as a tech company, to build their foundations and produce a product on top of it.

The question often asked is, why wouldn’t they want to keep all of their software proprietary or only task their employees to work on their proprietary software?

The definite answer is that it is about organizations coming together to collectively solve common problems so they can separately innovate and differentiate on top of the common baseline.

They see that they are better off pooling resources to make the baseline better. Sometimes it is called “coopetition.”

It generally means that while companies may be in competition with each other in certain areas, they can still cooperate on others.

That is the big reason, Open-source software (OSS) has transformed our world and become the backbone of our digital economy and the foundation of our digital world – It’s in our phones, our cars, our airplanes, our homes, our businesses, and our governments.