Latest news with #OpenSSL
Arabian Post
19-05-2025
- Business
- Arabian Post
Open Source Gains Momentum Through Major Corporate Contributions
Open source software has received a significant injection of support from leading companies such as Canonical, Zerodha, and other major industry players, marking a pivotal moment for the global development community. This wave of generous contributions comes as open source projects continue to underpin vast segments of the digital infrastructure powering everything from cloud computing to fintech applications. Canonical, known globally as the company behind the Ubuntu operating system, has renewed its commitment to open source by substantially increasing its financial backing and developer resources directed at key open source projects. This includes direct funding for maintainers, enhanced contributions to critical infrastructure software, and expanded collaboration with communities focused on cloud-native technologies, such as Kubernetes and container orchestration tools. Zerodha, one of Asia's largest retail stockbrokerages with a reputation for technological innovation, has also announced considerable support for open source initiatives. Their contributions extend beyond simple funding, involving active participation in developing software that enhances transparency, efficiency, and security in financial services. Zerodha's engagement illustrates a growing trend where financial institutions recognise open source as foundational to building more resilient and customer-centric platforms. The combined efforts of these companies are part of a broader industry movement to address longstanding challenges faced by open source maintainers. Historically, many open source projects have operated on voluntary or underfunded bases, despite their critical role in modern technology ecosystems. The reliance on unpaid or minimally compensated maintainers has raised concerns about sustainability, security vulnerabilities, and slowed innovation. Corporate contributions seek to rectify this by ensuring that the people responsible for maintaining these projects receive fair compensation and adequate support. See also Google's Project IDX Redefines Cloud-Based Development This surge in corporate sponsorship is reinforced by initiatives from other global firms spanning sectors from cloud computing to telecommunications. Companies like Google, Microsoft, and IBM have also ramped up their investments, recognising that robust open source software accelerates innovation while reducing overall development costs. These contributions cover not only direct financial support but also infrastructure donations, developer time, and strategic partnerships designed to foster healthier software ecosystems. The impact of this expanded support is already visible. Projects that underpin critical internet infrastructure, such as OpenSSL and Apache HTTP Server, have reported increased stability and faster release cycles due to the influx of resources. Similarly, tools used widely in the software development lifecycle, including Git and Jenkins, are benefitting from better maintenance and new feature development funded by these corporate contributions. This development represents a shift in how businesses view open source. No longer merely a cost-saving measure or a source of community goodwill, open source is increasingly seen as a strategic asset. Companies that invest in these projects gain influence over the technologies they depend on, improve interoperability, and accelerate their innovation pipelines. This alignment of corporate and community interests helps create a virtuous cycle where open source software quality and security improve, further encouraging adoption and collaboration. Zerodha's contributions highlight how open source benefits sectors traditionally considered more closed or proprietary, such as financial services. Their work focuses on projects related to real-time data processing, algorithmic trading frameworks, and blockchain-based transparency tools. By engaging with the open source community, Zerodha leverages a diverse pool of global expertise to enhance its technological edge, while contributing back improvements that benefit the entire sector. See also Redis Reinstates Open Source Status with AGPLv3 Licensing Canonical's expanded efforts reflect the rising importance of Linux-based environments in cloud computing and edge devices. Their support extends to foundational components like the Linux kernel, Ubuntu Core for IoT devices, and open container standards. These contributions are crucial as enterprises accelerate their cloud adoption and edge deployments, requiring robust, scalable, and secure open source platforms. Industry experts note that this trend towards increased corporate backing for open source is essential to address security risks inherent in software supply chains. Cybersecurity threats targeting open source components have become more frequent and sophisticated, underscoring the need for better-funded maintenance and proactive vulnerability management. With companies investing resources in these projects, the overall security posture of critical software is expected to strengthen. Despite the positive momentum, challenges remain. The open source community is diverse and often operates with varying priorities and governance models, which can complicate coordination with corporate sponsors. Ensuring that contributions do not lead to undue commercial influence or fragmentation requires careful balance and transparent communication. Many organisations advocate for open governance frameworks that maintain community control while benefiting from corporate resources. There is also an ongoing dialogue about the equitable distribution of support among projects. While some high-profile software attracts major funding, many smaller but equally important projects continue to struggle. Initiatives that broaden the scope of corporate sponsorship to include these lesser-known projects are gaining traction, promoting a more inclusive and sustainable open source ecosystem.
Globe and Mail
13-05-2025
- Business
- Globe and Mail
The OpenSSL Corporation and the OpenSSL Foundation Certify Results of Technical Advisory Committee Elections
NEWARK, N.J., May 13, 2025 (GLOBE NEWSWIRE) -- The OpenSSL Corporation and the OpenSSL Foundation certify results of the Technical Advisory Committee (TAC) elections. Members have been elected to advise on technical direction, architecture, and security priorities for the OpenSSL Library. Newly Elected Members The OpenSSL Corporation TAC Members Academics – Nicola Tuveri (Tampere University) Committers – Shane Lontis Distributions – Dmitry Belyavskiy (Red Hat) Individuals – Aditya Koranga Large Businesses – Craig Lorentzen (Amazon) Small Businesses – Paul Yang (ToneFlow) The OpenSSL Foundation TAC Members Academics – Nicola Tuveri (Tampere University) Committers – Dmitry Belyavskiy Distributions – vacant Individuals – Igor Ustinov Large Businesses – Barry Fussell (Cisco) Small Businesses – Aditya Koranga (CORAN Labs) Looking Ahead The newly elected TAC members will begin their one year terms immediately. They will work closely with the Business Advisory Committees (BACs), the Board of Directors of the OpenSSL Corporation and the OpenSSL Foundation, and the community to shape the OpenSSL Project's future. For more details about the TACs members, the voting process, or the role of the Technical Advisory Committees, please visit the OpenSSL Communities website or contact us at communities@
Associated Press
14-03-2025
- Business
- Associated Press
The OpenSSL Corporation and The OpenSSL Foundation Announce the Formation of Technical Advisory Committees (TACs)
NEWARK, Del., March 14, 2025 (GLOBE NEWSWIRE) -- The OpenSSL Corporation and the OpenSSL Foundation are establishing the Technical Advisory Committees (TACs) to provide expert guidance and strategic direction for our technical initiatives. These advisory bodies are critical in enhancing our governance structure, ensuring that the decisions reflect the diverse stakeholders involved and that our Mission and Values stay aligned with the community's needs. Purpose of the TACs The TACs will serve as key advisory bodies, ensuring that the voices of the OpenSSL Communities—Academics, Committers, Distributions, Individuals, Large Businesses, and Small Businesses—are heard and considered in the OpenSSL Project's technical decision-making. TACs Objectives: Guide the OpenSSL Library's development roadmap and security best practices. Advise on cryptographic technologies and governance policies. Align technical direction with industry needs in coordination with Business Advisory Committees (BACs). Election Process and Timeline March 17 – April 13: Registration, Nominations & Candidate Vetting April 14 – 27: Voting (Open Ballot on the Community Page) April 28: Results Announcement TAC Q&A Sessions To help community members understand the role of the TACs and the election process, the OpenSSL Corporation and the OpenSSL Foundation will host two Q&A sessions: Session 1 Session 2 Join us in shaping the OpenSSL Library's future. For more details on the nomination process, election procedures, and how to participate in the Q&A sessions, visit our communities page or follow our Blog.
