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Meet MinIO: #FunFact
Do you know that MinIO is open source under GNU AGPL v3? Open source is the key driver of technological innovation and here's how the company shares its support and belief in the
"Embracing a philosophy of extreme open innovation, companies that truly participate in open-source software development challenge traditional notions of competitive advantage by acknowledging that not all good code or great ideas reside within their organization. This shift supports the argument that shared innovations within the open-source ecosystem lead to faster market growth, providing even smaller software firms with more limited R&D funds the opportunity to benefit from R&D spillovers present in open-source software. This is because, in contrast to traditional outsourcing, open innovation enhances internal resources by leveraging the collective intelligence of the community, without diminishing internal R&D efforts. Meaning that open-source software companies don’t have to sacrifice their budgets to pursue thought leadership and code outside their organization."