You might be surprised, but open-source goes beyond just software development today. (Open source refers to a publicly accessible item that can be used, modified, and shared for one's own benefit.)
These days, a variety of initiatives, projects, and products are available for open exchange, collaboration, and use. As presented by WiFiTalents and the World Economic Forum:
- 90% of IT leaders use enterprise open-source software for critical applications.
- 78% of companies run some part of their operations on open-source software.
- Open-source is crucial for responsible AI development.
- The open-source market is expected to reach $50 billion by 2026.
Businesses gain several benefits from open-source:
Transparency: The source code is accessible to anyone, fostering trust. You can inspect the code to ensure it meets your security and privacy standards.
Customization: You can modify the source code to suit your specific needs and tailor the software to fit your business requirements, leading to increased efficiency and productivity.
Community Collaboration: By using open-source, you gain access to vibrant international communities of developers and other users who collaborate to improve the software and support each other with solutions.
Freedom: Typically, you are granted the freedom to use, modify, and distribute the software without restrictive licensing agreements.
Longevity and Continuity: Open-source projects are less susceptible to discontinuation or abandonment by their creators. Even if the original developers move on, the community can likely continue to maintain and improve the software.
Interoperability: Open-source reduces vendor lock-in and allows your business to integrate diverse technologies seamlessly.
Cost-Effectiveness: Open-source is often free, though some programmers may charge for software services and support (installation, troubleshooting, etc.).
Security: Open-source is attractive for high-security industries (Fintech, Blockchain, Banking, etc) as it's harder to introduce malicious code compared to software created by a single vendor.
To support our clients across various industries on their journey toward efficiency and productivity, we developed a cloud-based open-source management platform – Twins.
Twins provides a wide range of possibilities to automate organizations' processes and improve communication flows.
To ensure the best customization for our clients' needs, we used a three-level architecture approach:
Level 1: Twins Core
Our core set of abstractions and technologies serves as a foundation that enables projects of various sizes across different industries, including construction, healthcare, IT, and food services.
Level 2: Domains
Large organizations, such as construction firms, can leverage Twins technology internally or share it. We offer the opportunity to tailor the platform to their needs and then extend it to their partners, such as building contractors.
Level 3: Business Accounts
This level represents companies or other entities integrated into domains in various capacities. For instance, building contractors may share the technology with their accounts.
At ALCOSI, we prioritize innovation and creativity, enabling transparency and high-tech solutions. We'll be happy to answer your questions about open-source and introduce you to our new Twins platform. You may also check github.com
