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Future of Open Source at the "Software Breakfast"

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CIOL Bureau
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REDWOOD CITY, USA: Ingres Corporation, the leading open source database management company and pioneer of the New Economics of IT, has announced that Steve Shine, executive vice president of worldwide operations, Ingres, will discuss the future of open source as a panelist at the “Software Breakfast” in London’s West End.

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The event is scheduled for June 4, 2009, and brings together key technology innovators who will discuss the evolution of various software models over the next five years. The event was organized by Renovata Partners, a leading technology executive search firm in Europe.

Shine is considered a thought leader in the open source arena and will share his views with a panel of other leading European software evangelists, entrepreneurs, and investors.

Scheduled on the panel with Shine are Steve Garnett of Salesforce.com EMEA, John O’Connell of Staffware, and John Powell of Alfresco. The panel have built, and are still involved with, a range of successful software businesses that deploy a range of software models, from traditional license to SaaS and open source.

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Shine brings his expertise in delivering leading open source solutions from Ingres and has an extensive background in the database industry.

“As the global recession extends into 2009, it has dramatically changed the software landscape, as the economic ‘shock’ forces businesses to make structural changes to their IT strategies to drive down costs,” said Shine.

Shine added: “Open source software eliminates up-front licensing costs and drives down the total costs of new projects. It also introduces competition that will be used by customers to improve their negotiating position against proprietary software vendors that dominate the market. I believe open source companies will continue to see stronger year-over-year revenue growth on a percentage basis than the proprietary software sector. More and more organizations are quickly realizing that the New Economics of IT means shunning up front license fees in favor of open source technology, which has proven to be as good, if not better, than proprietary offerings.”

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