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Battery Ventures Open Source Summit
#BVOSS
Don Duet
Head of Technology
Goldman Sachs
June 2, 2016
Open Source in the Enterprise
How Open Source is Materially Transforming Goldman Sachs
3Goldman Sachs
Open Source Transformation at Goldman Sachs
Evolution of Open Source in the Enterprise
https://en.wikipedia.org/wiki/Timeline_of_open-source_software
1991
2009
2005
2002
GLOBALGOLDMANSACHS
Emergence of Open
Source Ecosystem
Formation of
Enterprise Class Products
Material Corporate Adoption
and Contributions
1990 1995 2000 2005 2010 2015
(IPO)
1 2 3
4Goldman Sachs
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
Kafka
MongoDB
IBM – DB2
VMWare
Oracle
CoreOS
Ubuntu
Windows
Android
iOS
React
5Goldman Sachs
New Companies, Born Open Source
Big Data and the Next Generation of Open Source Solutions
Developer communities
drive innovation
Enterprises adopt
and contribute back
Business form around
new ideas and launch
as open source
CHANGING THE VALUE EQUATION FOR ENTERPRISE
1
2
3
6Goldman Sachs
The Business of Open Source
Open Source is Everywhere
Private Public
Analytics
Infrastructure
Storage &
Compute
Security
`
`
Unicorn
Software Providers /
Communities
7Goldman Sachs
A Material Impact to our Development Culture
Open Source at Goldman Sachs
Unleashing Technical Innovation Paradigm for Industry Shared Value
PRIOR
OPEN
SOURCE
ENABLED
OPEN SOURCE
TECHNOLOGIES
ENTERPRISE
INNOVATIONS
COLLABORATION
ACROSS THE
FINANCIAL
INDUSTRY
TECH VENDORS

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Open Source in the Enterprise

  • 1. Battery Ventures Open Source Summit #BVOSS
  • 2. Don Duet Head of Technology Goldman Sachs June 2, 2016 Open Source in the Enterprise How Open Source is Materially Transforming Goldman Sachs
  • 3. 3Goldman Sachs Open Source Transformation at Goldman Sachs Evolution of Open Source in the Enterprise https://en.wikipedia.org/wiki/Timeline_of_open-source_software 1991 2009 2005 2002 GLOBALGOLDMANSACHS Emergence of Open Source Ecosystem Formation of Enterprise Class Products Material Corporate Adoption and Contributions 1990 1995 2000 2005 2010 2015 (IPO) 1 2 3
  • 4. 4Goldman Sachs 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 Kafka MongoDB IBM – DB2 VMWare Oracle CoreOS Ubuntu Windows Android iOS React
  • 5. 5Goldman Sachs New Companies, Born Open Source Big Data and the Next Generation of Open Source Solutions Developer communities drive innovation Enterprises adopt and contribute back Business form around new ideas and launch as open source CHANGING THE VALUE EQUATION FOR ENTERPRISE 1 2 3
  • 6. 6Goldman Sachs The Business of Open Source Open Source is Everywhere Private Public Analytics Infrastructure Storage & Compute Security ` ` Unicorn Software Providers / Communities
  • 7. 7Goldman Sachs A Material Impact to our Development Culture Open Source at Goldman Sachs Unleashing Technical Innovation Paradigm for Industry Shared Value PRIOR OPEN SOURCE ENABLED OPEN SOURCE TECHNOLOGIES ENTERPRISE INNOVATIONS COLLABORATION ACROSS THE FINANCIAL INDUSTRY TECH VENDORS