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The Business of Open Source

ATO Special Episode on Product Strategy with Elias Voelker

Nov 26, 2024
Elias Voelker, VP of North America for CheckMK and an expert in IT infrastructure monitoring, shares invaluable insights on product strategy for open source firms. He discusses the crucial distinction between features in open source and commercial versions, stressing that clear differentiation is key to survival. Elias also emphasizes the importance of the 'why now?' question in sales to understand customer readiness. Additionally, he compares cultural sales dynamics between North America and Germany, offering tips for European companies entering the U.S. market.
17:57

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • CheckMK's success hinges on a well-defined product strategy that clearly differentiates features between the open-source project and the commercial version.
  • Understanding customer motivations through the question 'why now?' is crucial for sales success in the competitive landscape of open-source software.

Deep dives

Understanding the Open Core Business Model

CheckMK operates on an open core business model, offering a free and open-source version called CheckMK Raw, alongside an enterprise version with added support and features. This approach necessitates strategic decisions regarding feature deployment—determining which enhancements should be available in the free version versus the commercial edition. Generally, features that have broad utility are included in all versions, while those that cater specifically to enterprise needs, like integrations with IT service management tools, are reserved for paying customers. Notably, security features are considered essential and are made available across all versions, emphasizing the commitment to user safety.

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