Gartner: Open-source business model lets companies control path, pace of future enhancements

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open source business model

According to Gartner, Inc. “The open-source business model enables a company to implement a B2C or B2B commerce solution with no licensing or maintenance costs; customers are able to own the source code for their commerce initiatives, and to control the path and pace of future enhancements.”1

New research from Gartner, Inc notes that the open source business model allows a company to implement a B2B or B2C commerce solution without licensing or maintenance costs. And while it is true that choosing open-source can lead to significant cost savings, it is also true that open-source is good for business in many ways not directly related to cost.  Here are five key benefits of choosing an open-source digital commerce platform:

  1.  Superior quality: open-source software is created by numerous developers collaborating worldwide rather than a handful of developers teaming up in isolation.
  2. Customizability: open-source software can be easily accessed and modified to meet evolving needs. Not so with proprietary software.
  3. Freedom: with open-source, businesses are liberated from vendor lock, and from endless, mandatory hardware and software upgrades.
  4. Security: with closed source software, there is no way to know for certain whether or not the vendor is keeping the software secure or adhering to important standards. With open source, you can see the code for yourself.
  5.  Own Your System: with open-source software, you own your digital commerce system. Period. You can completely control the path and pace of future enhancements.
Gartner designates HotWax Systems as a “Cool Vendor in Digital Commerce” for open-source achievements

HotWax Systems is designated a “Cool Vendor” in Gartner’s 2015 Cool Vendors in Digital Commerce report.

“We feel that this honor, currently shared by only four other companies worldwide, is proof positive that a small, innovative company can be a noteworthy global contributor,” said Anil Patel, COO at HotWax Systems. “We are especially gratified to be recognized for our contributions to open source digital commerce, and strongly believe that our team’s extraordinary commitment to innovation and customer satisfaction was the driving force behind this achievement.”

Download free report, Gartner’s “Cool Vendors in Digital Commerce, 2015”

To learn even more about the benefits of open-source software for digital commerce, Gartner’s “Cool Vendors in Digital Commerce, 2015” report is an excellent resource. To celebrate being a part of “The Gartner, Inc. Cool Vendors in Digital Commerce, 2015”, we are excited to share this valuable report with you. Don’t miss this opportunity to review some exceptional research from Gartner, Inc., while you learn about the latest and greatest developments in digital commerce. Download the report here:

In the near future, HotWax Systems will also share an exclusive HotWax Systems report, “A Decision Maker’s Guide to Open Source Digital Commerce”. This free report from HotWaxSystems experts will empower decision makers to choose wisely regarding open source software options. We look forward to helping your business leverage the power and flexibility of open source software for digital commerce.

About HotWax Systems

HotWax Systems develops, implements and supports fully customizable, open-source digital commerce solutions. This year, HotWax Systems unveiled HotWax Commerce, an enterprise-class, open-source, digital commerce platform powered by Apache OFBiz. HotWax Commerce offers unmatched flexibility, complete control and absolutely no licensing fees. To learn more, contact us for an expert consultation.

1 Gartner, Cool Vendors in Digital Commerce, 2015, David Kohler, Chris Fletcher, Penny Gillespie, Jason Daigler May 13, 2015.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

HotWax Systems About HotWax Systems
HotWax Systems is the leading global service provider for Apache OFBiz application development, and creators of HotWax Commerce, the world’s leading open-source Unified Commerce Platform. In 2017, HotWax Systems expanded its portfolio to include a full set of consulting services and custom business solutions based on the Moqui Ecosystem of open source projects.

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