Open source is spurring digital transformation
Digital transformation is what's happening to organizations as they adopt new and innovative ways to do business based on technological advances. From Linux to Kubernetes, open source software has been instrumental in supporting efforts by organisations across the Asia-Pacific region to transform digitally. It’s the process of fundamentally changing something using digital tools and describes adopting technology and-potentially-cultural changes to improve or replace whatever existed before.
Digital transformation isn’t a product or solution to be purchased, but it affects everything IT touches in every industry. Our world is digital, and we expect technology to work for us, seamlessly. Most of the time it does. Our smartphones carry all the data needed (and more) to be productive all day long-from word processing tools to calendars, home energy notifications to transportation options, and food delivery services to weather forecasts.
IT infrastructure is the primary digital transformation disruptor. Mainframes led to servers, which led to networks, which led to cloud hosting, which led to today’s hybrid environments. But the need for every company to adopt or adapt to the latest infrastructural breakthrough didn’t happen immediately. The modern economy is running on open source and has had a positive impact on every aspect of our day to day life.
From mobile phones to the International Space Station, with such widespread usage of open source, the financial services sector had been relatively slow in adopting and contributing to open source in the past but that is changing fast. There are various reasons why developers and enterprises choose open source. Open source code outlives its original authors as it is constantly updated through active open source communities. Finserv digital transformation is spurred by technology, and the leading technologies spurring digital transformation are open source.
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