Open source software (OSS) has revolutionized the technology landscape, powering innovations across industries from finance to healthcare.
Yet, despite its central role, the true economic value of OSS remains elusive to many.
At this year's All Day DevOps (ADDO) event, Manuel Hoffmann, Postdoctoral Researcher at the Laboratory for Innovation Science at Harvard University, will shed light on the hidden trillion-dollar economic engine that OSS represents in his keynote presentation titled "The Hidden Trillion Dollar Engine of Innovation."
Now in its ninth year, ADDO stands as the largest global DevOps event, offering 24 hours of non-stop learning and collaboration for over 180,000 professionals.
Spanning topics from DevOps to open source and cybersecurity, ADDO provides attendees with insights from industry leaders who are shaping the future of software development.
Hoffmann's keynote offers a unique perspective on the broader economic significance of OSS.
Open source software is more than just free code — it's a catalyst for global innovation and economic growth.
In his keynote, Hoffmann will present a novel approach to measuring the economic impact of OSS, focusing not just on the supply-side costs of creating and maintaining open source projects, but on the often-overlooked demand-side value that OSS generates across industries. This demand-side value is enormous, with recent estimates suggesting that it may reach into the trillions of dollars.
Hoffmann will explore how OSS has fueled some of the most significant advancements in technology today, while also addressing the challenges of quantifying its full economic impact. He will illuminate the role of OSS in driving innovation, from startups to global enterprises, and highlight the economic opportunities that come with embracing and contributing to open source.
For DevOps and DevSecOps professionals, understanding the economic value of OSS is critical — not only for justifying investments in open source projects but also for driving strategic decisions around software development and innovation.
Hoffmann's keynote will provide attendees with a deeper appreciation of how OSS shapes their day-to-day work, as well as a broader perspective on its role in the global economy.
Attendees of this keynote will walk away with several key insights:
Discover the hidden trillion-dollar value of OSS and understand how it drives global innovation.
Gain a new perspective on measuring the economic impact of non-pecuniary goods like open source software.
Understand the challenges and opportunities that come with quantifying the value of OSS, and what it means for the future of the software industry.
Hoffmann will provide groundbreaking insights into the role OSS plays in shaping the future of the global economy, and his presentation will leave you with actionable knowledge about the importance of open source in driving innovation.
To learn more and register for All Day DevOps, visit the official ADDO website.