Tuesday, 11. May 2010
Topic: COMPUTER - on May 11, 2010 at 10:46:00 AM CEST
13 Open Source Hardware Companies Making $1 Million or More (video)
Selling products whose design anyone can access, edit, or use on their own is pretty crazy. It’s also good business. At the annual hacker conference Foo Camp East this year, Phillip Torrone and Limor Fried from Adafruit Industries gave a rapid fire five minute presentation on thirteen companies with million dollar revenues from open source hardware (OSHW). Companies providing OSHW allow all designs of the products to be shared through an open license, meaning that everyone is free to download, modify, and share all the schematics and associated software. You’re encouraged to make, refine, or even sell your own versions of these products. While this business model is counter-intuitive for those used to our patent and copyright loving system, Torrone and Fried estimate that the industry will reach a billion dollars by 2015. Check out their talk in the video below.
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