New York, June 15, 2011 – BalaBit IT Security announced an increase of 59 percent on a year-on-year basis in 2010. According to industry and analyst predictions last year there was a slight increase on the IT security market, where the drivers were the compliance related investments.

Compiere, a small open source ERP software provider, is on track to grow its business 50 percent this year, driving 80 percent of company revenues through the channel. Next up, the company plans to accelerate its SaaS and on-premise relationships in 2010. Here’s the scoop.

Novell beat Wall Street's estimates with a solid third quarter, but the real story is in its continued Linux growth. Net revenue rose to $245 million from $237 million in 2007, but Novell's third-quarter loss quadrupled to $15.1 million from $3.7 million in 2007.

Expenditures by enterprises on open source software jumped 34 percent last year and spending in 2009 is on pace to increase at least another 24 percent, according to a forecast released last week by IT market researcher IDC.

Open-Xchange claims 2009 was a banner year; more than 15 million people worldwide are running the open source email system, an 80 percent increase from 2008. The company's secret to success involves SaaS (software as a service) partners. Here's why. "

More good news for the open source community just in: an analysis of its enterprise customers by OpenLogic found that for 2007 as a whole, the use of open source among enterprise customers is up 26% year-on-year. Enterprises on average used a whopping 94 different open source packages last year, compared to 75 in 2006…

The Linux Foundation has published an update to last year's study on Linux kernel development. The updated study reports that for each kernel release there has been a 10 percent increase in the number of contributing developers, resulting in a 42 percent increase in patch acceptance.

The use of open source environments for enterprise software projects is growing at an unprecedented rate, with notable peaks of interest among financial services and public sector organizations. Indeed, the adoption of open source software is growing at a great clip, with worldwide revenue from standalone open source software having reached $1.8 billion in 2006, according to recent calculations from IDC. That figure is expected to reach $5.8 billion by 2011, representing a compound annual growth rate of 26 percent. As a result, IDC is calling open source "the most significant, all-encompassing, and long-term trend that the software industry has seen since the early 1980s."

Leading open-source distributor Red Hat Inc, which is shifting its focus to greater China, expects its revenue in the region to grow by 50 percent in the next fiscal year on healthy demand from enterprise clients.