/whois

What is FOSS@MAGIC?

What does FOSS@MAGIC do?

Hackathons

Hacking + Marathon = Hackathon

8-48 hour social coding events


Who does FOSS@MAGIC work with?

What do you do NOW?

Red Hat Open Source and Standards Team (OSAS)
https://www.redhat.com/en/open-source/communities

What do you do NOW?

Fedora Community Action and Impact Lead
http://WhatCanIDoForFedora.org


What do you do NOW?

Fedora Council Member and EDU Objective Lead
Fedora Council EDU Objective

The Council:

Success Stories?

Goldcorp Challenge?

Executives thought the 50 year old mine was nearly depleted. Test drilling indicated there might be unknown deposits on 55,000-acre property

Conventional test methods were expensive, and innaccurate. (Dig a hole. No gold? Dig another hole. Repeat)

CEO Rob McEwen attended an MIT course in 1999, where Linux development was discussed, and had a "eureka moment."

Presented the idea to his head geologist, saying: "I'd like to take all of our geology, all the data we have that goes back to 1948, and share it with the world. Then we'll give people an incentive to tell us where we're going to find the next 6 million ounces of gold."

Launched the Goldcorp Challenge with $575K in prize money for best suggestions of where to dig, and posted the usually secretive mining data on the internet.

Goldcorp Challenge Results?

"By 2002 there were more companies exploring in Red Lake ... than in any other place in the world."

52 submissions. 25 semi-finalists (each got $10K). Top Prize was $105K.

Of the 110 potential deposits, half were entirely new to the company. 80% of which yielded gold. Some sites previously identified by company were also suggested by contestants, confirming internal research.

Contestants' unconventional approaches led to entirely new types of innovation, such as computer visualization, multi-sampling drill holes, and new analytic approaches; all of which were adopted by the company.

Goldcorp immediately hired 10 of the contestants

Goldcorp 20 years later

Market capitalization: over $2.5 billion in 2005[1] and over $21 Billion[2] today

New Gold Discovered: 8 million ounces in first 3 years after the contest's launch






[0]: http://www.informationweek.com/software/business-intelligence/open-source-thinking-taps-a-rich-vein/159907864
[1]: http://www.reuters.com/finance/stocks/overview?symbol=G.TO

Case Study: IDC World-wide Smartphone Shipments

source: https://en.wikipedia.org/wiki/Mobile_operating_system

Case Study: Android Open Source Mobile Operating System

source: https://en.wikipedia.org/wiki/Mobile_operating_system

Case Study: Webserver Marketshare of Top Million Sites


source: http://news.netcraft.com/archives/2015/08/13/august-2015-web-server-survey.html

Jim Whitehurst: CEO of Red Hat

"...90% of the Fortune 500 companies are now Red Hat customers."

"...Of the top 100 supercomputers today, 92% are on Linux."

"Linux is the default choice for when you're looking for a platform today. That's an important subtlety--the difference between being a viable alternative and being the default choice."

Case Study: Mozilla Firefox

Case Study: Walmart

In a recent blog post, a senior developer at Walmart Labs explained that the company's embrace of open source costs big money. Eran Hammer observed that Walmart's backing for the Hapi project is a "significant expense (exceeding $2M)."

"Walmart has put in place a set of metrics to estimate the return on investment. Hammer explains "every five startups using Hapi translated to the value of one full-time developer, while every 10 large companies translated to one full-time senior developer." In return for its extra work on open development, Walmart gets high-quality programming at a cost far below that of recruiting and retaining extra staff. In turn, this demonstrable return allows the company to justify further development investment because "by paying developers to work on Hapi full time, we get back twice (or more) that much in engineering value."

source: http://www.infoworld.com/article/2608897/open-source-software/walmart-s-investment-in-open-source-isn-t-cheap.html

Other Examples

The Human Genome Project

Wikipedia

Science

Many many many many others...

Thank You!

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