information technology sector (ICT)
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Open Source Recognized As A Key Economic Pillar In European Union Study
By James Lovegrove | October 28, 2021
A September 2021 study on the economic impact of open source software and hardware concluded that open source technologies injected EUR 65-95 billion into the European economy. This study is timely given the current rollout of the European Union's EUR 750 billion recovery investment, which has allotted 20% for digital transformation. Growing political efforts to understand and quantify the importance of open source in realizing EU digital sovereignty accentuate the study's significance. The European Union sponsored the study, which was written by Fraunhofer ISI and OpenForum Europe.
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