How Does One Monetize Open Source Software?

Monetizing open source software can be a tricky challenge for many companies. After all, when you’re giving away your primary product for free, how could you possibly make money off it?

Nicolas Erdody, Paul Gampe, Mark Bathie, and Bob Waldie formed a panel in the Business of Open Source MiniConf at 2012 and talked about the various ways companies can hope to monetize Open Source software.
The many models of money making

There are different approaches to make money off free code. We’re surrounded by examples of open source software being used in mainstream applications. These applications could be entirely open source, or sometimes they will simply utilize parts of open source code.

Here are a few models that many companies employ to make some cash off free software.

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