The Shared Economy for your IT

Don’t forget that Red Hat’s JBoss Middleware is part of the Shared Economy, too.

Whether it’s Uber, Airbnb, Waze, Snapchat, or Spotify, the new shared economy is the way of the future, or at least it seems so right now. In 2017, the Shared Economy is going to be a buzzword. What will happen to the Shared Economy under the U.S government’s new administration, what about taking Shared public in the Snapchat IPO, how is the Shared Economy going to deal with regulation issues? Regardless of the specific ponderings of the day, the Shared Economy is more often than not, at the front of most of them – just read the latest copy of Fortune Magazine. According to Investopedia, the definition of the Shared Economy is  “… an economic model in which individuals are able to borrow or rent assets owned by someone else. The sharing economy model is most likely to be used when the price of a particular asset is high.” Huh, that sounds a little like Red Hat’s Open Source approach to Middleware, doesn’t it? I know it’s a big claim to make, but Open Source was one the originals of the Shared Economy, and Red Hat belongs in conversations on the topic. Further, Open Source is needed now more than ever.

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