Open Source Program Office

About 78% of financial firms derived value from open-source software, growing from 62% last year, according to a survey released last month by the Fintech Open Source Foundation, which the Linux Foundation runs.

Is your company using open sources? 100% sure yes. But how do you manage the open source? Is there a dedicated team? Doesn’t the business application (vendor) or platform have a dedicated team to be managed?

Have you heard about Open Source Program Office? An Open Source Program Office (OSPO) is a department concerned with Free- and Open Software and Open standards care. (Ref: https://fossa.com/blog/building-open-source-program-office-ospo/)

What are the responsibilities of OSPO?

The OSPO establishes policies and procedures for open-source software usage, contribution, and compliance within the organization. They ensure that the company adheres to relevant open-source licenses and manages any associated legal risks. The OSPO team can consist of a program manager’, ‘legal/compliance support’, ‘developer advocate/coordinator’, and ‘executive sponsor’.

Onboarding the open source: When you onboard the open source, your company need to be aware of license and compliance as well as the health of the foundation & community. It is also important to confirm whether or not…