3min chapter

The Idealcast with Gene Kim by IT Revolution cover image

Open Source Software as a Triumph of Information Hiding, Modularity, and Creating Optionality with Dr. Gail Murphy

The Idealcast with Gene Kim by IT Revolution

CHAPTER

Opens or Softer Has Better Modularity

In the space of technology, we're converging into one large, inter operable system. We expect all our digial artifacts to work together their modula all the way up and down. And often they're made up of platforms, or in many cases, where yo can see something built entirely on top of something else. I want to define real options. A real option gives a firm's management the right, but not the obligation, to undertake certain business opportunities or investments. Real options refer to projects involving tangible assets versus financial instruments. In other words, it is almost always better to be paid now than later. Option theory that siy is always better to defer or delay a decision

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