in favor of open source products. Van Shung Chong Holdings Ltd. started migrating its server software to Linux in 2002, saving as much as US$100,000 in IT costs. IDBI was reported to have decreased its IT budget by 70 percent after deploying open source software.
"Open source brings the software game to a totally different level. Who would have thought that relatively small startup companies such us ourselves would compete head-to-head with the big boys who have long established themselves in the software industry?" said Damarillo, who has founded several successful open source technology startups -- including Gluecode Software and LogicBlaze, which were later acquired by IBM and Iona Technologies, respectively. "And who would have suspected that it truly will free companies of all sizes from the limitations imposed by traditional licensed software?"
Exist actively campaigns for the widespread adoption of open source technology although it delivers projects on all mainstream platforms across the Asia Pacific region. The company recently co-organized the Philippine Open Source Summit (POSS).
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