InnerSource for financial services: A way to improve digital transformation?

One of the main points you think about when trying to implement digital transformation in financial services is software (Software is eating the labor market!). In fact, digital companies see their software as a crucial strategic asset for gaining competitive advantage and are constantly seeking new ways  and models to improve innovation, break out silos or be faster to the market. Indeed, these are some of the main benefits InnerSource offers
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How to measure success in your Inner Source initiative

Nowadays, more and more companies such as PayPal, Bosch or Autodesk are internally implementing inner source programs. Inner source differs from classic open source development process by remaining within the view and control of a single organization and offers many advantages in terms of efficiency and effectiveness.

In previous posts, we talked about Inner source characteristics and advantages such as InnerSourcing: the development model of the future.

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4 Problems you might have doing open source in your company and how to solve them

North Bridge and Black Duck published last January their 2016 Future of Open Source Survey Results with a lot of interesting conclusions. Maybe the biggest one it’s that Open Source continue gaining force inside the IT business, but its management is chaotic because the lack of  process.

Most common problems related on the survey were:

  • Nearly 50% of companies have not formal policy and process for selecting and approving open source code.
  • One of the major problems of that is security. 47% don’t have a formal process in place to track the code and only 19% of vulnerabilities are detected and fixed automatically.
  • Nearly 1/3 has no process for identifying tracking or solving known open source vulnerabilities.
  • Over 1/2 companies has no responsible to identify and tracking remediation.

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How, What and When Measure Inner Source

We are pleased to announce that we are writing a book about inner source.

We have been collaborating for some months with companies that are developing this methodology to produce the software they need. They were pioneers who early on realized that inner source has lots of benefits for talent management, software development, and business improvement. And now others are asking us for advice about implementing inner source.
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