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For years, founders and investors in China had little interest in opensource software because it did not seem like the most viable business model. The three-year-old Chinese startup, which builds opensource software for processing unstructured data, recently closed a Series B round of $43 million.
I recently wrote a blog entry about LibreOffice (LO), the fork of OpenOffice.org (OOo) that came after the acquisition of Sun (the old holder/maintainer of OOo) by Oracle. I’ve been using this tool since it actually was StarOffice, more than 10 years ago, when it was first opensourced by Sun in 2000.
However, today’s news that Oracle is going to buy Sun Microsystems has some very important implications. It has to do with the fact that many, many nonprofit websites and web applications are built using MySQL, the most popular opensource database management system. For us, it’s generally much more removed.
OpenOffice.org is a free and opensource cross-platform office suite, which can read and write MS Office.doc,xls, and.ppt files. But then … Oracle bought Sun. And the cool thing about opensource software is that in situations like this, people can fork stuff. You’ll read about that one here.).
For those of us that depend on MySQL everyday, the buyout of Sun (which had bought MySQL) by Oracle did not bode well. A decidedly biased survey by the folks behind PostgreSQL suggests that many people worry about the health of MySQL in Oracle’s hands. Switch to PostgreSQL. PostgreSQL is a different beast entirely.
Opensource has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the principle is announcing a sizable secondary investment on the back of that growth. What is also notable is how Odoo pitches itself.
So despite the broader downturn , it seems that 2022 may have been relatively kind to startups operating in the no- and low-code sphere, something that fledgling Northern Irish startup Budibase is capitalizing on with the announcement of a fresh $7 million tranche of funding to further develop an opensource web app builder.
Based on my informal assessment of attitudes and interest in the NTEN community about opensource software, I think there's a significant and growing number of folks and organizations who are either interested in, already using, or even evangelizing opensource solutions. Current Trends.
Oracle , a decade-long war over the future of software, neared its end in the Supreme Court this week as a battle of metaphors. Oracle covers a complex question : what elements of computer code can be copyrighted, and if that code is covered by copyright, when it’s still legal to use pieces of it under fair use. Alex Castro.
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus , the popular opensource vector database for similarity searches — raised $43 million to scale its business and prep the company to make a move into the U.S.
Oracle’s done deal : Oracle quietly wrapped up its acquisition of Cerner, which goes into effect Wednesday. Electronic health records is big business, and while this merger gives Oracle a major seat at the table, it is not yet known how these companies will mesh or whether Cerner will be lucrative for Oracle.
Consistent with previous models in the Janus series, Janus-Pro is open-source. Following the China-based company’s announcement that its DeepSeek-V3 model topped the scoreboard for open-source models, tech companies like Nvidia and Oracle saw sharp declines on Monday. Tencent , in Chinese]
Salto , a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. Salto makes the core of its service available as opensource. ” Image Credits: Salto.
The Takipi post provided a good example of this from three similar articles on TechCrunch, where these two headlines were extremely popular: Oracle makes more moves to kill opensource mySQL and Oracle is bleeding at the hands of DataBase rivals.
It even showed its work through research papers and by open-sourcing its models. DeepSeeks breakthroughs caused some angst, but its fresh thinking and openness will likely spur bigger and faster innovations from the worlds top AI companies by this time next year. People downloaded variants of the open-source Phi-3 more than 4.5
Oracle has introduced Graal Cloud Native 4.2.1, a curated, Oracle-supported build of the opensource Micronaut framework, which provides a full-stack JVM platform for developing modular microservices and serverless applications. Graal Cloud Native 4.2.1 was unveiled January 30.
Oracle celebrated the beginning of July with the general availability of three releases of its opensource database, MySQL: MySQL 8.0.38, the first update of its long-term support (LTS) version, MySQL 8.4, and the first major version of its 9.x x innovation release, MySQL 9.0. LTS as well as with 9.0 Innovation.
David is passionate about open-source and infrastructure software and previously worked in the Technology Investment Banking Group at Morgan Stanley. In the old software world — think Oracle and SAP — sales were the competitive advantage. More posts by this contributor. Should your SaaS startup embrace a bottom-up GTM strategy?
While it has embraced an opensource version of CockroachDB along with a 30-day free trial on the company’s cloud service as ways to attract new customers to the top of the funnel, it wants to try a new approach. As that happened, the company began a shift in thinking.
Ethan Batraski is a partner at Venrock and focuses on data infrastructure, opensource and developer tools. It may come as a surprise, but there are still billions of dollars in Oracle instances still powering critical apps today, and they likely aren’t going anywhere. Ethan Batraski. Contributor. Share on Twitter.
Tracking the explosive growth of open-source software. The Money In Open-Source Software. “Are you gonna hire a bunch of useless salespeople like they have at Oracle?” More posts by this contributor. ” This was the first of many memorable interactions I had with Eliot Horowitz.
Alan Chhabra, MongoDB’s executive VP for worldwide partners and international sales, noted that he thinks this change is in part due to Kurian’s experience at Oracle. “I was very excited because I knew of Thomas’s history and experience and accomplishments at Oracle.
ForgeRock was founded in 2010, but its roots go back even further to an open-source single sign-on project known as OpenSSO that was created by Sun Microsystems in 2005.
Alex: 2022 is when opensource will become the de facto startup model. What hit me this year, especially toward the latter half, was just how frequently I ran into bright folks building businesses that had an opensource component. We all know that opensource isn’t new as a business concept.
MySQL, which remains one of the most popular database engines in the world, was first released in the mid-1990s, and Oracle Database, launched more than four decades ago, is still widely used in high-performance corporate environments. Database technology can change the world, but the world in these parts changes very, very slowly.
Still, it’s one that is supported by OpenSource, adopted by large nonprofit-serving businesses such as Oracle/NetSuite and Unit4, and creating an opening (and teaching tool) for even new-to-nonprofit technology solutions to understand basic service needs for nonprofits as supported by data.
One of my favorite quotes in the Connect documentation is this one: “As long as you can invoke the API over HTTP, your application can be Microsoft, HP, IBM, Novell, Oracle, even Sun-based. Create and foster developer and user communities in the same way that Salesforce and opensource communities do. The API is SOAP.
Union.ai , a startup emerging from stealth with a commercial version of the opensource AI orchestration platform Flyte, today announced that it raised $10 million in a round contributed by NEA and “select” angel investors. We need to bridge both these worlds in a structured and repeatable way.”
However, SeMI’s goal is to commoditize this technology and has an opensource business model so that anyone can use it. and European talent and doubling down on its opensource community for both Weaviate and vector search in general. SeMI intends to deploy the new funding into hiring U.S.
Ahmed became acquainted with Swanson while working at Swanson’s last startup, DataScience.com, which was acquired by Oracle in 2017. Ahmed and Swanson worked together at Oracle as well, where Swanson was the VP of AI and machine learning. Swanson suggests internal-use authentication tokens and other credentials, for one.
Should Oracle or Alphabet buy VMWare instead of Broadcom? In 2022, Alex predicted that opensource would become the de facto startup model. Miranda Halpern (me, hello, hi) felt that this acquisition followed a logical progression for Amazon since it entered the healthcare space in 2018.
Hiring a part-time CFO may be a better option, particularly for companies that are shaping up their finances before seeking new funding, advises Ranga Bodla, head of industry marketing for Oracle NetSuite. What opensource-based startups can learn from Confluent’s success story. Image Credits: Olivier Le Moal / Getty Images.
It’s their experiences with CFOs that led Heller and Boldo to co-found Trullion , an accounting software platform that connects corporate controllers, CFOs and external auditors on a single platform, offering a unified source of truth for financial leaders — if the sales pitch is to be believed, at least.
These sources can enable use cases such as customer or field support, employee training and developer productivity. The broad potential is why companies including AWS , IBM , Glean , Google, Microsoft, NVIDIA, Oracle and Pinecone are adopting RAG. Retrieval-augmented generation combines LLMs with embedding models and vector databases.
“But these systems have many facets … Open-source databases like PostgreSQL and MySQL are getting better each year, but more features means deployment challenges. “This was … right around the time powerful machine learning technologies became more accessible with opensource frameworks and hardware acceleration.
Types of LMS (Learning Management Systems) There are three main types: Cloud-based LMS, Open-source LMS, and Proprietary LMS. Cons Limitations related to customization – when compared to open-source or proprietary alternatives. The inherent benefits of an LMS redefine how we approach learning and training.
He points to the platform’s recently launched Kos, an opensource metadata model and integration toolkit that’s designed to make it easier to model data consistently. Google, IBM, and Oracle), Data.World has rivals in startups like Stemma , which raised $4.8 ” Beyond the usual suspects (e.g.,
Ants and camels are famously resilient, but when it was time to select a name for a startup that offers open-source, cloud-based distributed database architecture, you can imagine why “Cockroach Labs” was the final candidate.
Types of LMS (Learning Management Systems) There are three main types: Cloud-based LMS, Open-source LMS, and Proprietary LMS. Cons Limitations related to customization – when compared to open-source or proprietary alternatives. The inherent benefits of an LMS redefine how we approach learning and training.
Types of LMS (Learning Management Systems) There are three main types: Cloud-based LMS, Open-source LMS, and Proprietary LMS. Cons Limitations related to customization – when compared to open-source or proprietary alternatives. The inherent benefits of an LMS redefine how we approach learning and training.
Available later this year, this open-source solution integrates Salesforce’s data model for nonprofits, Nonprofit Success Pack , with AWS Data Lake and analytics platforms like Tableau to help nonprofit customers accelerate impact and engagement by simplifying their data operations.
MIT Technology Review recently cited Oracle’s definition : “Big data is the derivation of value from traditional relational database-driven business decision making, augmented with new sources of unstructured data. Big Data Right Now: 5 Trendy OpenSource Technologies (TechCrunch). What Is Big Data Anyway?
What is Openness? While some headlines might proclaim that OpenSource is meaningless in the nonprofit sector, the issues as Holly Ross of NTEN says, "The question isn't really about opensource, but about openness." " So, how do you explain Open Social to your executive director?
Austin, Texas: Oracle | NetSuite For Nonprofits. Pittsburgh, Pennsylvania: Bagels & Bytes "Open-Source Summer Fiesta" San Francisco, California: Code for America Civic Hack Night. How to Broadcast Your Events to the World for Free. San Francisco, California: Code for America Civic Hack Night. Friday, May 19, 2017.
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