Red Hat takes on the recession
Remember about five or six years ago when the open source software movement was going to beat the stuffing out of software giants like Microsoft, Oracle and Sun? That hasn't exactly happened.
Only one company, Red Hat took the open source approach: Hundreds (if not thousands) of volunteers work on a piece of software -- in this case the Linux operating system for the corporate world -- develop it in a money-generating subscription package, and turn it into a large enough business to go public.
Fair or not, Red Hat is the best proxy for how open source software has been received during this economic downturn, and guess what? It's doing pretty well.
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