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Month: November 2013

Open Source Code – Reducing Technology Costs

Online retailer Flipkart is looking to cut down on technology refinement costs by opening its technology platforms to software coders.  Making its source code open source allows firms or individuals to freely create new applications for the entire ecommerce industry.  The company made its product “Phantom” open source three months ago and just recently made “HostDB” open source.  Contributors to open source code do not receive payment their work, which greatly cuts down on costs.  Companies do not necessarily benefit from contributors’ work, but often small improvements can be implemented into their programs.  Allowing the public to create this new code reduces risk and cost to minimal values.