Apache Software Foundation Estimates Its Code Value Increased ~$600M For FY2020
For fiscal year 2019 the Apache Software Foundation valued their codebase at around $20 billion USD. The open-source organization has now published their annual report for fiscal year 2020.
The Apache Software Foundation's FY2020 report values their massive code-base now in excess of $20 billion dollars using the CoCoMo[*] model. With eight million lines of code added over their fiscal year, they estimate that increase to be approximately worth $600 million USD worth of work.
[*] Constructive Cost Model (COCOMO).
Blog post. Annual Report FY2020.
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Apache Software Foundation Values its Codebase at Over $20 Billion
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(Score: 1) by Frosty Piss on Friday July 31 2020, @01:23AM (13 children)
A stupid question: Something that is *free*, how do you value that? The licensing insures that the Intellectual Property can not be sold for exclusive use, i.e. the GPL...
(Score: 0) by Anonymous Coward on Friday July 31 2020, @01:27AM (1 child)
Larry Ellison's lawyers will not understand the question.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @01:35AM
How many lines of code are Uncle Larry's OpenOffice, that literally no one uses having migrated to Libre?
(Score: 4, Funny) by takyon on Friday July 31 2020, @01:35AM (5 children)
yOu UsE tHe CoCoMo MoDeL.
[SIG] 10/28/2017: Soylent Upgrade v14 [soylentnews.org]
(Score: 2, Funny) by Anonymous Coward on Friday July 31 2020, @01:47AM (1 child)
A lot of Apache is Java libraries, make sense they'd use a CocoaMug model.
(Score: 1, Funny) by Anonymous Coward on Friday July 31 2020, @01:58AM
Bunch of has beans in need of better code covfefe.
(Score: 2) by Runaway1956 on Friday July 31 2020, @01:56AM
Ohhhh-kay - https://www.modelmanagement.com/model/ilvy-kokomo/ [modelmanagement.com]
Abortion is the number one killed of children in the United States.
(Score: 2) by Freeman on Friday July 31 2020, @02:37PM
Sure it's not spelled the same, but I've got a much better kokomo model for you. https://youtu.be/mP07Oyr7enQ [youtu.be] (Kokomo by the "Beach Boys" with lyrics.)
Joshua 1:9 "Be strong and of a good courage; be not afraid, neither be thou dismayed: for the Lord thy God is with thee"
(Score: 2) by kazzie on Friday July 31 2020, @04:25PM
I need some Cocodamol after reading that camelCase...
(Score: 3, Interesting) by driverless on Friday July 31 2020, @07:45AM (1 child)
That's the next thing about OSS, with commercial software you've got an actual market value, with OSS you can just pull any figure out of your ass. Want to make the value small for tax purposes, make it small. Want to make it big to impress pointy-hairs, make it big. We support an OSS project and once managed to come up with a value for it that was around 50% of the national GDP based on fairly sensible industry metrics every step of the way.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @07:45PM
"That's the next thing about OSS, with commercial software"
FOSS can be commercial. you mean "proprietary" or "slaveware".
(Score: 2) by TheRaven on Friday July 31 2020, @11:02AM (2 children)
sudo mod me up
(Score: 2) by choose another one on Friday July 31 2020, @11:33AM (1 child)
Surely it's the cost to recreate it if you paid some ridiculous rates per LOC, and recreated every single LOC (so there is no redundant, unused, legacy etc. code there at all).
Why the heck wouldn't you recreate it (if needed) for free (or at least for comparatively very little), using volunteer labour, the same way you created it?
(Score: 2) by TheRaven on Friday July 31 2020, @04:20PM
The rates in these are based on real rates for production-ready code. Writing the code is a pretty small part of the cost.
Correct, it's hard to measure the cost of completely rewriting equivalent functionality. Second system costs are quite tricky to estimate.
There's an assumption that no one was paid to write it in the first place. That's often not true for open source software. Open source is free to copy, not necessarily free to write. A lot of the open source code that I've written was paid for by people who wanted the extra features.
sudo mod me up
(Score: 1, Insightful) by Anonymous Coward on Friday July 31 2020, @01:56AM (1 child)
$1.85
(Score: 0) by Anonymous Coward on Friday July 31 2020, @11:03AM
I was expecting about tree fiddy.
(Score: 1, Funny) by Anonymous Coward on Friday July 31 2020, @02:43AM
8 million lines are worth $600 million. That makes it (us)$75 per line.
if (freeSoftware) {
profit();
}
is worth $225. Where do I send the bill?
Oh hang on, Coding Styles - I can make this worth $300, watch:
if (freeSoftware)
{
profit();
}
Now only do I understand what my boss was going on about...
(Score: 5, Interesting) by Runaway1956 on Friday July 31 2020, @04:53AM (4 children)
unless someone is willing to pay for it. Artists understand that. A painter I knew painted a lot of things. She assigned values to her paintings. Took me into her parlour one day, and told me to pick out any painting I wanted. I didn't really want a painting, but I browsed around. Found a pic of a girl, obstructed by the straw hat she was wearing. Couldn't see the girl, couldn't even estimate her age - anything from six to young adulthood. The hat, though, was rendered in the finest detail. I liked it.
Jo tells me that painting isn't worth anything, choose something of value. Phhht. Nothing else appealed to me. I went home with the painting of a hat, under which some girl was hidden. A shoulder, and parts of two arms were all that was visible of that girl, and a little bit of her dress.
Jo's paintings that she valued at hundreds, and even thousands, of dollars, simply had no value to me.
Found out later, that the painting was of her grand daughter, wearing an Easter straw hat, when the child was ten.
Abortion is the number one killed of children in the United States.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @05:40AM (2 children)
People do pay for it. ASF has revenues in the neighborhood of $1 Billion. [apache.org]
(Score: 4, Informative) by choose another one on Friday July 31 2020, @11:27AM (1 child)
Think you are a few orders of magnitude out - revenues were around $1 Million, check the actual filings, or just google Apache Foundation Revenue
Getting $1M a year from a $20Bn asset is... frankly pathetic.
Conclusion: it ain't a $20Bn asset. The asset lines of the tax filings also prove that it isn't considered to be one either.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @10:04PM
You are right. I was looking at financials that were in thousands of dollars earlier yesterday and I think my brain defaulted back again when looking at theirs.
(Score: 0) by Anonymous Coward on Friday July 31 2020, @06:14PM
When the artist abandons their ‘style’ and produces what sells
https://whatculture.com/music/9-musicians-who-sold-out-the-hardest [whatculture.com]
(Score: 0) by Anonymous Coward on Friday July 31 2020, @05:52PM
For every freeloader who sets up their own web server, Apache is LOSING $20B dollars!!! Look at all that lost revenue!!!!
Quick, get the RIAA lawyers on the job!