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2007 IDC 2007 IDC. Reproduction is forbidden unless authorized. All rights reserved. Copyright
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Overview
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Open Innovation
Studies have found 1/3 of previously unsolved problems found successful solutions Innovations happen at the intersection of disciplines Organizations fear loss of intellectual property however opening up presents novel solutions to problems
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Open Source Eric Raymond coined the cathedral and the bazaar
Advocating a collective approach against a bureaucratic model Recognition is ranked as the top motivator to contribute in an open environment
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Security Software
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Security Software
The security software market in Malaysia represents $52.34 million in 2010
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Security Software
Global security vendors are consolidating through acquisitions
Large security software M&A deals in 2010: Intel-McAfee at $7.68 billion Attachmate-Novell at $2.2 billion Symantec-Verisign at $1.3 billion
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Security Software
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Innovation vs Acquisitions
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Innovation vs Acquisitions
Tougher R&D spend justification as perception lies with acquiring proven technology
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Innovation vs Acquisitions
However beurocratic structures hinder ideas as innovation agendas are dispersed through a chain of hierarchy
Focus on quantity of patent filings then quality Herein lies a false sense of open innovation
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Innovation vs Acquisitions
An innovative mind coupled with entrepreneurial spirit is the essence of many great tech stories
As organization grows with processes and policies, risk is managed at the expense of trust with employees
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However without clear objectives and goals, great ideas can fizzle into the abyss
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All it takes is an idea and persistence to churn milk into butter in an open source model
Recognition gained has greater value that can translate into personal career development growth. Transparent recognition structure.
Business models can be developed around open source software developed with revenue generated from services
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Start coding!
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Discussion
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Thank You
Contact:
Devtar Singh Analyst dsingh@idc.com
2007 IDC 2007 IDC. Reproduction is forbidden unless authorized. All rights reserved. Copyright
8/20/11