Today Economic Times reported about the benefits of FOSS as analyzed by a study according to the Professor Rahul De of IIM Bangaloare. That’s good, superb we already knew about the benefits of FOSS, but yes now we have a study backed up by one of the geniuses of the country. However isn’t it that it has already been there? The LIC using it, or the Govt. of Kerala leveraging the benefits FOSS Technologies. Same goes with corporates, they have always preferred Sendmail over Microsoft Exchange, and Linux over Windows and more and more FOSS when it comes to Server technologies. Organizations have been using OpenOffice.ORG from past so many years to save upon their costs.

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Indian IT and IT-enabled services industry is expected to grow at 10.8 per cent in 2009, the lowest in the last five years, due to the global economic meltdown, a report said. But in next four years, it would grow at 13.9 per cent to touch revenue of $110 billion, the report by analyst firm IDC India has said.

“In the backdrop of one of the worst ever global financial and economic meltdown, it is estimated that in 2009, the overall India IT/ITeS industry is expected to grow at 10.8 per cent, which is the lowest in the last five years. “Going forward, the overall IT/ITeS industry is expected to grow at 13.9 per cent (CAGR 2008-2013) to touch over $110 billion in 2013,” IDC India Country Manager Kapil Dev Singh said in the report.

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