Jim Whitehurst - Page number 2

Integral Innovation

In his keynote speech at the Red Hat Summit in Boston, Red Hat CEO Jim Whitehurst made the case that of the $1.3 trillion USD spent in 2009 on Enterprise IT globally, $500 billion was essentially wasted (due to new project mortality and Version 2.0-itis). Moreover, because the purpose of IT spending is to create value (typically $6-$8 for each $1 of IT spend), the $500 billion waste in enterprise IT spending translates to $3.5 trillion of lost economic value. He goes on to explain that with the right innovations—in software business models, software architectures, software technologies, and applications—we can get full value from the money that's being wasted today, reinforcing the thesis that innovation trumps cost savings.

But then along comes Accenture's Chief Technology Architect Paul Daugherty, and in his keynote he presents a list of the top five reasons that customers choose open source software (which is now up to 78% among their customers):

#1 (76%): better quality than proprietary software.

#5 (54%): lower total cost of ownership.

So which is it? Does innovation trump cost savings? Or does quality trump cost savings?

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Toyota gives customer-driven design the green light

A few weeks ago, Red Hat CEO Jim Whitehurst wrote an article for BusinessWeek suggesting that Toyota might benefit from doing things the open source way when it comes to building the software inside its automobiles.

From Jim's article: » Read more

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BusinessWeek turns an eye to open source beyond technology

Here at opensource.com, we aspire to take principles the open source software movement has applied to building better software faster and find more uses for them in business, education, government, the law, and generally in our lives. » Read more

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How transparent is the White House?

Dave Cole, Senior Advisor to the CIO of the Executive Office of the President, presented an awesome keynote to more than 3,000 attendees at DrupalCon San Francisco 2010 on April 21. His keynote was about open source in government, and he talked about how whitehouse.gov has become a platform to foster citizen participation. Although I found the technology part interesting, it was the philosophy and open source principles that Dave talked about that are enabling the executive branch of the United States government to be more open and transparent. » Read more

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Jim Whitehurst: Don’t build a better mousetrap. Change the business model.

Companies that are creating massive value typically aren’t building a better mousetrap. They’re not improving on existing technologies or simply adding new features. Instead, they’re changing the business model. This was the message behind Red Hat CEO Jim Whitehurst’s keynote at today’s CED Venture 2010 Conference» Read more

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Three signs your corporate culture isn't ready for the open source way

It's a good bet that the next generation of defining companies will have corporate cultures built the open source way-- around openness and collaboration, while fostering community and culture that extend outside the company walls.

In fact many of the defining companies of the first decade of this century show these characteristics (with one very notable exception we discussed earlier).
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Jim Whitehurst video: Competing as a 21st century enterprise among 20th century giants

The Duke Fuqua School of Business just posted Jim Whitehurst's presentation from their Coach K Leadership Conference entitled "Competing as a 21st Century Enterprise Among 20th Century Giants." You can watch it here. » Read more

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Jim Whitehurst: 5 tips for competing in the 21st century

I spent two days this week at the Coach K Leadership Conference at Duke. It's always good to get above the trees for a few days, and this experience was exactly that kind of opportunity. Jonathan Opp did a nice summary post on the conference here and you can see the live Twitter stream here. » Read more

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Jim Whitehurst: 20th century companies are already hiring 21st century employees

Last night, Red Hat President and CEO Jim Whitehurst gave a talk to a group made up of mostly students and faculty at the NC State School of Engineering. 

Jim Whitehurst is in a rather unique position because he has managed both an icon of the 20th century corporation (Delta Airlines) and what we'd like to think is a good example of the 21st century corporation at Red Hat. » Read more

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