Capital Goods — including electrical equipment, machinery, construction and engineering technology — along with raw Materials — from chemicals, construction supplies, and packaging to metals, paper, and forest products — are necessary for virtually every business to meet consumer demands. They are also essential for firms driven to innovate faster and diversify their products and services. At the same time, Industry 4.0 trends —sustainability, light weighting, 3D printing, surface engineering, intelligent materials, nano-formulations, and advanced composites — are motivating companies to explore new ways to remain globally competitive.
As a result, both the Capital Goods & Materials industries are turning to technology-based solutions and Open Source Software (OSS) is part of their strategy.
Today, there are more than 5.3 billion Internet users in more than 200 countries worldwide, or 65.7% of the global population — 4.95 billion, or 61.4%, of those use social media — and the numbers grow daily.
Many things would not be possible without the Internet or Open Source Software (OSS). Together, they are driving such new areas of tech innovation as Artificial Intelligence (AI) and Machine Learning (ML). Unarguably, the Internet changed the world and is perhaps the greatest invention of the 3rd Industrial Revolution and beginning of digital transformation. It will forever continue to shape the world. Whether people realize it or not, anyone who uses the Internet today benefits from Open Source and companies — no matter what industry — not only trust Open Source but prefer it today because it has become the best-in-breed business model for faster innovation, increased efficiency and reduced costs.