We are seeing a significant change in the global business landscape, and attention within technology circles has focused on verticals where adoption levels have been surging over the past few months, in areas such as e-commerce, logistics, digital payments, telehealth, or tools enabling remote working.
But this is a story that goes beyond the accelerating consumption of software; we are also seeing significant changes in how software is developed. In particular, the continuing rise of open source software (OSS) is a trend that tells us a lot about the evolving structure of technology companies, and the European market's global opportunity.
OSS was already booming in Europe, and the sector is set to thrive in an environment that has turned many of its inherent features into advantages. The changing needs of enterprise software customers intersect closely with what OSS companies are best placed to provide: cost-effective, flexible solutions that put developers in the driving seat. Once regarded as a marginal way of developing software, OSS is increasingly likely to become a dominant product approach & business model. As it does, it may become a defining catalyst for the global growth of European software