April 16, 2008 08:58 ET

"Free Open Source Software Is Costing Vendors $60 Billion," New Standish Group International Study Finds

BOSTON, MA--(Marketwire - April 16, 2008) - "Open Source software is raising havoc throughout the software market. It is the ultimate in disruptive technology, and while to it is only 6% of estimated trillion dollars IT budgeted annually, it represents a real loss of $60 billion in annual revenues to software companies," said Jim Johnson, Chairman, The Standish Group International, Boston, MA http://www.standishgroup.com.

Five years of research has gone into this new report titled "Trends in Open Source." The Open Source report discusses The Standish group's research study of the top 10 drivers that are influencing decisions on how IT is adopting open source technology. A review of the report is now available free of charge to accredited media representatives by e-mailing Steven Swartz steven@sizzlepr.com.

"The Standish Group's new study clearly shows how pervasive Open Source Software is used in industry today. It is a shocking examination of Open Source usage by commercial and government organizations," said Timothy Chou, Ph.D., former President of Oracle OnDemand and author of "The End of Software: Transforming Your Business for the On Demand Future," "The Standish Group has successfully quantified both user and market behavior so that we may more fully understand what is driving this IT trend."

"The Standish Open Source Report is a thoughtful, objective and extremely useful tool for understanding the impact free software is having on the entire IT industry. Every CIO, CFO, and CEO of any corporation with large IT expenditures should read this report," said Wayne Sadin, CIO, Loomis USA, Houston, TX "The impact of Open Source on IT will be profound and The Standish Group research helps business as well as IT management make vitally important investment decisions."

The Standish Group's "The Trends in Open Source" report is available free of charge to Standish Group subscribers. Non-subscribers may obtain copies directly from The Standish Group at: http://www.standishgroup.com/market_research/index.php for $1,000 per copy.

About The Standish Group International, Inc.

Since 1985 The Standish Group, the leader in spotting future trends, has been helping end users and vendors of technology solutions prepare for the future. The Standish Group delivers fast, consistent and reliable IT advice built on a solid foundation of primary research. For further information on visit our website at: http://www.standishgroup.com.