<p>Open source software (OSS) is computer software with its source code made available and licensed with an open source license in which the copyright holder provides the rights to study, change and distribute the software for free to anyone and for any purpose. (Source: WikiPedia)</p><br />
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Open-source software (OSS) is computer software with its source code made available with a license in which the copyright holder provides the rights to study, change, and distribute the software to anyone and for any purpose. Open-source software may be developed in a collaborative public manner. Open-source software is the most prominent example of open-source development.[dead link]
The open-source model, or collaborative competition development from multiple independent sources, generates an increasingly diverse scope of design perspective than one company development alone can sustain long term. A report by the Standish Group (from 2008) states that adoption of open-source software models has resulted in savings of about $60 billion per year to consumers.