MIS 301 Chapter Notes - Chapter 12: Financial Risk, Software As A Service, Marginal Cost

• School: UT-Austin
• Department: Management Information Systems
• Course: MIS 301
• Professor: Professor Choi

Document Summary

Mis 301 chapter 12- software in flux. Software is an economically profitable business: marginal cost of producing a copy of software is basically 0, open source software (oss): enables people to look at and potentially edit program"s code. Presents a challenge to software industry: cloud computing. Making it more common to have a firm move software out of firm"s own is shop. Enables software to run on someone else"s hardware. By starting a web browser, users can access the vendor"s software: no need to own the program or install it, virtualization. Software technology that enables a single computer to act like many separate machines. Linux= one of microsoft"s biggest rivals: free. Source code is openly shared: lamp: linux os, apache web server, mysql database, perl/python/php/etc, anyone can look at it, edit it, redistribute it (programming languages that start with p) Commercially motivated employers pay most people who work on open source projects. Cost: free alternatives, commercial code is very expensive.