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Battery Ventures Open Source Summit
#BVOSS
Don DuetHead of Technology Goldman Sachs June 2, 2016
Open Source in the EnterpriseHow Open Source is Materially Transforming Goldman Sachs
3Goldman Sachs
Open Source Transformation at Goldman SachsEvolution of Open Source in the Enterprise
https://en.wikipedia.org/wiki/Timeline_of_open-source_software
1991
20092005
2002
GLO
BA
LG
OLD
MA
N S
AC
HS
Emergence of Open Source Ecosystem
Formation ofEnterprise Class Products
Material Corporate Adoptionand Contributions
1990 1995 2000 2005 2010 2015
(IPO)
1 2 3
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Open Source is Eating Goldman Sachs
WebStack
Middleware
Operating System(OS)
Netscape Enterprise Server
HighCharts
BEA Weblogic
ATTIVIO
Fast
APACHE HTTP Server
Spark
Postgres
TIBCO EMS / RV
Sybase
IBD DB3
Hadoop ElasticSearch
RabbitMQ
AIX
Solaris
LINUX
Docker
THEN (~2005) NOW
Closed Source Open Source
AngularJS
Oracle
KafkaMongoDB
IBM – DB2
VMWare
OracleCoreOS
Ubuntu
Windows
Android
iOS
React
5Goldman Sachs
New Companies, Born Open SourceBig Data and the Next Generation of Open Source Solutions
Developer communities drive innovation
Enterprises adopt and contribute back
Business form aroundnew ideas and launch as open source
CHANGING THE VALUE EQUATION FOR ENTERPRISE
1
2
3
6Goldman Sachs
The Business of Open SourceOpen Source is Everywhere
Private Public
Analytics
Infrastructure Storage & Compute
Security
`
`
Unicorn
Software Providers /Communities
7Goldman Sachs
A Material Impact to our Development CultureOpen Source at Goldman Sachs
Unleashing Technical Innovation Paradigm for Industry Shared Value
PRIOR
OPEN SOURCE
ENABLED
OPEN SOURCETECHNOLOGIES
ENTERPRISEINNOVATIONS
COLLABORATIONACROSS THE
FINANCIALINDUSTRY
TECH VENDORS