Market Share of Open Source Service Industry
The Open Source Service Market is highly competitive. However, the market is dominated by global players such as Accenture, Oracle, Cisco, and Infosys, to name a few. These businesses' primary growth tactics to survive the fierce competition include product releases, substantial investment in research and development, collaborations, and acquisitions.
February 2023 - Oracle and Red Hat signed a contract to integrate the Red Hat Enterprise Linux (RHEL) operating system into the Oracle Cloud Infrastructure (OCI). This new integration enables businesses to standardize their cloud operations. It offers them a complete platform from their databases to the Oracle cloud, allowing user choice and improving the experience for companies using RHEL and OCI for cloud migration and digital transformation.
January 2023 - Infosys joined Linux Foundation Networking (LFN) as a platinum member for open-source networking projects. The LFN already serves 18 other leading global organizations. Infosys will be able to expand the open ecosystem by introducing more cutting-edge innovations from the open-source community to the enterprise market.
October 2022 - GE digital and Infosys partnered to assist their users with solutions for grid-related goods and services. The solution is designed exclusively for the utility sector, assisting operators in realizing a more dependable, resilient, and sustainable grid. A software platform and a collection of intelligent applications that combine energy data, network modeling, and artificial intelligence will power the project.
Open Source Service Market Leaders
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Red Hat Inc.
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Oracle Corporation
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Cisco Systems, Inc.
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Infosys Limited
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Hewlett Packard Enterprise Company
*Disclaimer: Major Players sorted in no particular order
