According to wikipedia
Open-source software (OSS) is computer software that is available in source code form: the source code and certain other rights normally reserved for copyright holders are provided under a free software license that permits users to study, change, improve and at times also to distribute the software.
Open source software is very often developed in a public, collaborative manner. Open-source software is the most prominent example of open-source development and often compared to (technically defined) user-generated content or (legally defined) open content movements.[1]
A report by the Standish Group states that adoption of open-source software models has resulted in savings of about $60 billion per year to consumers. You just click on mentioned bellow link.
http://en.wikipedia.org/wiki/Open-source_software
Open-source software (OSS) is computer software that is available in source code form: the source code and certain other rights normally reserved for copyright holders are provided under a free software license that permits users to study, change, improve and at times also to distribute the software.
Open source software is very often developed in a public, collaborative manner. Open-source software is the most prominent example of open-source development and often compared to (technically defined) user-generated content or (legally defined) open content movements.[1]
A report by the Standish Group states that adoption of open-source software models has resulted in savings of about $60 billion per year to consumers. You just click on mentioned bellow link.
http://en.wikipedia.org/wiki/Open-source_software