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Open Source Services Market to Reach $33.9 Billion by 2027 in the short run and $165.4 Billion, by 2033 Globally, at 16.8% CAGR: Allied Market Research

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Proprietary code generated in private may have unexpected limitations, which are motivating companies to adopt open-source services or solutions. This is expected to fuel the growth of the open-source services market. 

WILMINGTON, Del., April 21, 2025 /PRNewswire/ — The global open-source services market is experiencing rapid growth due to the wider adoption of open-source software by various industries that appreciate the affordability and stupendous flexibility provided by it. A growing number of businesses are relying on consulting, integration, support, and customization services to help them implement and manage open-source platforms with commendable efficiency.

Allied Market Research published a report titled, “Open Source Services Market – Global Opportunity Analysis and Industry Forecast, 2024-2033,” valued at $33.9 billion in 2023. The market is expected to grow at a CAGR of 16.8% from 2024 to 2033, reaching $165.4 billion by 2033. Cost-effectiveness and easy management of open-source solutions, rise in digital transformation initiatives and increase in transparency and reliability in open-source software are driving the market growth 

Report Overview: 

The open-source services market is experiencing substantial growth, driven by rise in the adoption of technology. Companies are using open-source services for IT infrastructure modernization, application development, digital transformation, and integration owing to rise in the availability of open-source platforms and growth in tech-savvy population, the global open-source services market is expected to grow notably. Cost-effectiveness, enhanced security, and improved quality are some of the factors that are further supporting the growth of the global open-source services market all over the world. However, the hidden costs associated with the OSS integration and implementation along with exploitation caused due to the advent of malicious users are expected to hinder the market growth. 

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Key Segmentation Overview: 

The open-source services market is segmented on the basis of service, deployment mode, enterprise size, industry vertical, and region. 

By Service: Professional Services and Managed Services By Deployment Mode: Cloud and On-premise By Enterprise Size: Large Enterprises and Small & Medium-sized Enterprises By Industry Vertical: IT & Telecommunication, BFSI, Manufacturing, Retail & E-commerce, Healthcare, Education and Others By Region: North America (U.S., Canada), Europe (Germany, UK, France, Italy, Spain, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), and LAMEA (Latin America, Middle East and Africa

Market Highlights 

By service, the managed service segment dominated the market in 2023 and is expected to continue leading due to increase in demand for third-party expertise, cost efficiency, enhanced security, and scalability, helping businesses optimize open-source software adoption and management effectively. By deployment mode, the on-premise segment dominated the market in 2023 and is expected to continue leading due to greater data security, regulatory compliance, enhanced control over infrastructure, and preference among enterprises with strict data governance policies. By Enterprise Size, the large enterprises segment witnessed significant growth due to increasing adoption of open-source solutions for cost efficiency, scalability, enhanced security, and flexibility, enabling businesses to drive innovation and optimize IT infrastructure. By Industry Vertical, the IT and telecommunication segment dominated the market in 2023 and is expected to continue leading due to rise in demand for scalable infrastructure, cost-effective solutions, enhanced security, and the need for continuous innovation in cloud computing and network management. 

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Report Coverage & Details: 

Report Coverage 

Details 

Forecast Period 

2024–2033 

Base Year 

2023

Market Size in 2023 

$33.9 Billion 

Market Size in 2033 

$165.4 Billion 

CAGR 

16.8 %

Segments covered 

Service, Deployment mode, Enterprise Size, Industry Vertical, and Region 

Drivers  

Cost-Effectiveness and Easy Management of Open-Source Solutions 

Rise in Digital Transformation Initiatives 

Opportunity 

Amalgamation Of Technical Support and Maintenance Boosting OSS Vendor Offerings 

Restraints 

Security Loopholes Exploited by Malicious Users 

Compatibility Issues with Available Platforms 

Factors Affecting Market Growth & Opportunities: 

Open-source services ensure business continuity by providing a reliable framework for enterprises to deploy, manage, and secure open-source software effectively. These services protect companies from vendor lock-in, ensuring flexibility, security, and operational resilience, which is fueling market expansion. In addition, increase in the adoption of open-source solutions across industries such as finance, healthcare, and IT drives the demand for professional support and managed services, presenting significant growth opportunities for market players. 

Increase in Enterprise Adoption of Open-Source Software: Businesses across industries are increasingly adopting open-source solutions due to cost-effectiveness, flexibility, and innovation. Organizations prefer open-source technologies to avoid vendor lock-in, enhance collaboration, and leverage community-driven advancements, driving demand for professional services to support deployment, integration, and maintenance. 

Growing Demand for Security and Compliance Supports: Organizations face security risks and regulatory challenges with open-source software adoption. To ensure secure configurations, timely updates, and compliance with industry standards, businesses rely on expert-managed services, and thus drive the market growth. 

However, challenges such as security loopholes exploited by malicious users, and compatibility issues with available platforms remain concerns for industry players. Managing these issues requires robust security protocols, regular vulnerability assessments, timely patch updates, and comprehensive compatibility testing to ensure seamless integration and safeguard open-source services from cyber threats and operational disruptions. 

Technological Innovations & Future Trends: 

Advancements in technology are driving major changes in the open-source services market, making it more secure, efficient, and widely adopted. The use of artificial intelligence (AI) and blockchain is improving the performance and reliability of open-source tools, which is expected to drive market growth. AI models such as Meta’s Llama and Mistral AI are making open-source AI solutions more competitive with paid alternatives, which drives market growth. 

In addition, security is a key focus, with automated tools helping detect and fix vulnerabilities faster. Companies such as Google and Microsoft are supporting open-source security efforts to prevent cyber threats, which is driving market demand for secure and transparent solutions. Cloud-based technologies such as Kubernetes and OpenTelemetry are becoming more popular, helping businesses manage software across different cloud platforms with ease, which is further fueling market expansion. 

Regional Insights 

Region wise, North America dominates the open-source services industry owing to strong adoption by enterprises, advanced technological infrastructure, and significant investment in open-source development. The presence of major technology companies such as Google, IBM, and Red Hat drives innovation and accelerates market growth. In addition, increasing government support for open-source projects and cybersecurity initiatives further strengthens the region’s leadership. 

Asia-Pacific is witnessing rapid expansion, driven by increase in digital transformation initiatives, growth in enterprise adoption, and government support for open-source development. Businesses across industries are leveraging open-source solutions to reduce costs, enhance flexibility, and improve scalability, thus fueling market growth in the region. 

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Key Players: 

Major players in the open-source services market include Hewlett Packard Enterprise Development LP, Databricks, IBM Corporation, Oracle Corporation, Percona LLC., Flatworld Solutions Inc., Evoke Technologies Pvt. Ltd, Wipro, Infosys Limited, EPAM Systems, Inc., Keitaro, Quansight Inc., Collabora, Innova Solutions, C Ahead Technologies, ViSolve, Eclature Technologies, Ashnik, Charter Global Inc. and SUSE.. These companies adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the open-source services market globally. 

If you have any questions, please feel free to contact our analyst at:

https://www.alliedmarketresearch.com/connect-to-analyst/A324147

Key Strategies Adopted by Competitors 

In December 2024, Red Hat, Inc., a subsidiary of IBM, announced a strategic collaboration agreement with Amazon Web Services (AWS) to scale the availability of Red Hat open source solutions in the AWS Marketplace. This partnership aimed to drive cloud modernization through advancements in virtualization and artificial intelligence across hybrid cloud environments. In January 2024, Red Hat introduced updates to its partner program, including the launch of an accelerator program and a product demonstration platform. These enhancements aimed to provide partners with improved tools for collaboration and easier access to technology, training, and resources. In September 2023, Oracle and Red Hat expanded collaboration to bring Red Hat openshift to the Oracle cloud infrastructure. This strategic move added support for Red Hat enterprise linux on OCI bare metal and Oracle VMware cloud workloads, enabling certified and supported configurations of Red Hat openshift to run on OCI. 

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Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

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SOURCE Allied Market Research

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ASUS Accelerates Enterprise AI at Scale with 6th-Gen AMD EPYC Server CPUs

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 ASUS leverages 6th-gen AMD EPYC Server CPUs to deliver scalable, efficient compute for enterprise AI, cloud, virtualization and business-critical workloads

SAN FRANCISCO, July 24, 2026 /PRNewswire/ — ASUS today announced its groundbreaking new server lineup powered by the AMD EPYC™ 9006 processors, engineered to deliver unmatched performance for the most demanding intensive enterprise workloads. This advanced portfolio introduces two highly optimized series with efficiency-optimized AMD EPYC SP8 server CPU, the flagship dual-socket ASUS RS700A/720A for extreme compute density and the single-socket ASUS RS500A/520A for superior space efficiency and deployment flexibility.

Both series integrate full PCIe® 6.0, leading memory support, and high-density E3.S storage, all underpinned by proprietary ASUS innovations for superior thermal management and operational efficiency to meet and exceed the rigorous demands of enterprise AI, virtualization, storage and cloud environments.

“The new ASUS server series, powered by 6th-gen AMD EPYC server CPUs, is engineered to power every enterprise workload with flexible, scalable infrastructure,” Paul Ju, Senior Vice President of ASUS, commented, “This launch marks a significant milestone for ASUS and our clients. The new series empowers businesses with a resilient foundation to achieve unprecedented computing efficiency and accelerating AI innovation with inference.”

ASUS expands 6th-gen AMD EPYC server portfolio with dual optimized series

ASUS has introduced a new server lineup segmented into two distinct series, each precisely engineered to meet diverse enterprise demands.

The flagship RS700A/720A series (dual-socket) delivers extreme compute density, making it ideal for AI inferencing, and complex simulations. It offers exceptional bandwidth with PCIe 6.0, memory leadership via 32 DIMM slots supporting ultrafast MRDIMM, and high-density storage with up to 32 E3.S bays in a compact 2U form factor.

Complementing this is the RS500A/520A series (single-socket), a highly efficient and space-optimized solution with depth under 800mm, perfect for mainstream enterprise workloads and rack-constrained environments. Featuring full PCIe 6.0 capabilities, E3.S storage support, and modular scalability through shared components with the RS700A and RS720A series, it provides uncompromised performance in a streamlined, deployment-friendly design.

ASUS elevates the AMD EPYC platform with cutting-edge proprietary innovations

ASUS has significantly advanced the AMD EPYC 9006 platform with a series of proprietary engineering breakthroughs focused on superior reliability, thermal management, and operational efficiency.

The DC-MHS modular architecture features a zone-partitioned chassis that separates I/O, HPM, fan, and storage modules to accelerate development, reduce capital costs, and enable rapid serviceability. The patented ASUS DIMM.2 Innovation repositions M.2 storage to the cooler DIMM region, eliminating thermal throttling without extra heatsinks and unlocking greater scalability. Thermal Radar 3.0 with PID Control delivers precise real-time fan regulation via advanced algorithms, reducing energy use and maintaining peak performance under heavy enterprise-level workload.

Completing the suite is the optimized tool-less operational-velocity design, which boosts maintenance efficiency, maximizing uptime and lowering TCO and sustaining peak performance even under volatile, high-load AI/HPC workloads.

AVAILABILITY & PRICING

ASUS RS700A/720A series and RS500A/520A series servers will be available soon. Please contact your local ASUS representative for further information.

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Fractal posts 20% revenue growth and 92% net income growth in Q1 FY27

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Adjusted EBITDA Grows at 35% YoYGross Margin up 29 bps1 to 46%; Adjusted EBITDA Margin up 189 bps to 17%

NEW YORK, July 24, 2026 /PRNewswire/ — Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) announced its consolidated financial results for Q1 FY27, ending June 30, 2026.

In Q1 FY27, the Company reported consolidated operating revenue of INR 9,125 m, a growth of 20% year on year (YoY). Revenue growth was led by the company’s Healthcare and Life Sciences (HLS) industry, which clocked 69% growth YoY. Strong sustained growth in HLS over the last several quarters has resulted in it becoming the second largest industry in the portfolio. Banking, Financial Services and Insurance (BFSI) also performed very well, growing 36% YoY in Q1. Fractal’s largest industry, Consumer Packaged Goods and Retail (CPGR), continued to gather momentum, growing 19% YoY. On the other hand, TMT declined 22% YoY.

Fractal’s focus on deepening customer relationships continues to yield good outcomes. Its clients collectively increased their spending with the company, as reflected in the Net Revenue Retention2 of 117% in Q1. Further, its Net Promoter Score (NPS) during the period stood at 77.

The company reported improved profit margins at all levels. Gross Margin in Q1 was at 46%, while Adjusted EBITDA Margin expanded by 189 bps YoY to 17%. Net Income grew 92% YoY to INR 723 m.

Commenting on the performance, Srikanth Velamakanni, Group CEO and Executive Vice-Chairman, said:

“Enterprises are putting real transformation budgets behind AI now and we’re seeing it directly in the size of the deals coming to us. TMT was the drag on our headline growth this quarter. Excluding TMT, our business grew 35% year on year, which is a better read on the underlying demand we’re seeing.

As data sovereignty becomes a bigger priority for governments and enterprises, and as open-weight models keep improving, clients need a partner who can work across models and infrastructure. We have invested heavily in our people, our research, and our own intellectual property to be that partner.”

1 Basis points = 1/100th of 1%
2 Net Revenue Retention in our Fractal.ai segment measures how effectively we retain and expand revenue from our existing clients over a defined period and is calculated by comparing the current period’s revenue from the clients who existed at the start of the period, with their revenue in the previous period – including the effects of upsells, cross-sells and contractions

About Fractal 

Fractal Analytics Ltd (BSE: 544700) (NSE: FRACTAL) is a globally recognized pure-play enterprise AI company trusted by Fortune 500®-sized enterprises to power decision-making through AI services, solutions, and products, anchored by Cogentiq, its flagship agentic AI platform. With over 6,000 professionals across North America, EMEA, and Asia-Pacific, Fractal partners with business leaders to drive competitive differentiation for their organizations by embedding AI into critical decisions across business functions and industry verticals.

Fractal invests more than 6% of its revenue in AI R&D, supporting foundational AI research, product development, and IP creation that address both immediate client needs and long-term technological advancement. Fractal’s track record includes developing proprietary models and products such as Cogentiq Health – Vaidya.ai and Cogentiq Data Science – PiEvolve, as well as incubating and spinning out Qure.ai, a global healthcare AI leader focused on the rapid identification and management of tuberculosis, lung cancer, and stroke (or critical health conditions). Fractal’s suite of businesses consists of Asper.ai (a Revenue Growth Management product for CPG companies) and Analytics Vidhya (an Ed-tech platform).

For more information, go to www.fractal.ai.

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SOURCE Fractal Analytics Limited

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Xryma Plc : Pre-Listing Liquidity Facility and Price Discovery Process

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NICOSIA, Cyprus, July 24, 2026 /PRNewswire/ — Xryma Plc (“Xryma”)  announces its intention to reapply within the next twelve months for admission to list on Euronext Paris (“Euronext”), with such admission being subject to Euronext’s approval. Before submitting its application, Xryma intends to launch a pre-listing liquidity facility and price discovery process, comprising a private placement to institutional and qualified investors alongside a secondary market offer to Xryma existing shareholders (“shareholders”) wishing to exit prior to listing.  

The admission referred to above that is subject to the approval of Euronext may also be subject to approval by relevant regulatory authorities, and no assurance can be given that approval will be granted or as to the timing of any admission.

The pre-listing liquidity facility and price discovery process is designed to:

Enable shareholders seeking an exit to participate without the need to open an EU brokerage account,Provide a clear and orderly opportunity for existing shareholders to sell all or part of their holdings ahead of any potential admission to trading on Euronext Paris,Enable shareholders to sell all or part of their holdings at the same price at which qualified and institutional investors subscribe for shares in the Company,Establish, through a bookbuild with qualified and institutional investors, a market-validated referenced price for Xryma shares ahead of any potential admission on Euronext Paris (the “Primary Market Placement Price”),Support orderly trading upon potential admission.

Individual shareholder mailouts explaining the details of the pre-listing liquidity facility scheme with instructions and necessary documentation will be conducted during August 2026.

As the Primary Market Placement Price is to be determined by the subsequent bookbuild, shareholders will be given the opportunity to set a floor price which will result in the sale of their shares if the Primary Market Placement Price is higher.  Shareholders will receive the Primary Market Placement Price minus applicable fees.

Shareholders and Investors may be scaled back to match corresponding demand from the other party, with partial fulfilment a possibility if the Company cannot match supply to demand.

Completion of the process is subject to achieving a level of institutional and qualified investor demand that the Board considers appropriate to support an orderly market should Xryma subsequently be admitted to trading on Euronext Paris.

Participation is entirely voluntary. Shareholders who do not wish to sell will simply retain their shares. Shareholders that do not intend to participate should continue to onboard with a Euronext participating broker, or a Euroclear ESES custodian, per previous communications.

The major shareholders, SCP Select All Enterprise (Monaco) and SCP Red 5 Solutions (Monaco) will not participate in the offer and will be subject to lock up arrangements.

Mr Nikogiannis (John) Karantzis, CEO of Xryma Plc comments: “Our shareholders have told us they would value a straightforward way to realise their holdings without the time and cost of opening an EU brokerage account. This process is our response to that feedback. We are structuring the placement to be large enough to establish a credible reference price whilst limiting dilution, with demand directed first towards meeting shareholder sell interest. We look forward to updating the market on the revised timetable in due course.”

Shareholders seeking a more detailed explanation of the pre-listing liquidity facility and price discovery process, should refer to the guide available at https://www.xryma.com/investors

Important Information & Disclaimers

This press release may contain inside information within the meaning of Article 7(1) of Regulation (EU) 596/2014 (Market Abuse Regulation).

This publication is not for publication or distribution or release, directly or indirectly, in or into the United States of America (including its territories and possessions, any state of the United States and the District of Columbia), Canada, Australia, South Africa, Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this publication may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein comes should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. No action has been taken that would permit an offering of the treasury shares or possession or distribution of this publication in any jurisdiction where action for that purpose is required.

This publication does not constitute or form part of an offer for sale or solicitation of an offer to purchase or subscribe for securities in the United States, Canada, Australia, South Africa, Japan or any other jurisdiction and the securities referred to herein have not been registered under the securities laws of any such jurisdiction. Any New Shares (if such are issued) will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the securities laws of any State or any other jurisdiction of the United States, and may not be offered or sold, directly or indirectly, in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of, the Securities Act and in compliance with all applicable securities laws of any State or any other jurisdiction of the United States. No public offering of securities is being made in the United States or in any other jurisdiction.

The information set forth herein must not be distributed in any jurisdiction where such distribution is unlawful, and any recipients are requested to inform themselves about and to observe such restrictions.

The Offering referred to herein by Xryma Plc will only be made in accordance with all applicable corporate and securities laws. Any shares referred to herein will exclusively be offered or sold in reliance on any applicable exemptions from prospectus or registration requirements in any jurisdiction. In member states of the European Economic Area, this publication is only addressed to and directed at persons who are ‘qualified investors’ within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (as amended and including any relevant delegated regulations, the “Prospectus Regulation”) or in any other circumstances falling within exemptions available in the relevant member state under Article 1(4) and/or 1(5) of the Prospectus Regulation. In the United Kingdom, this publication is only addressed to and directed at qualified investors within the meaning of the Prospectus Regulation, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (“EUWA”), who are persons (i) who have professional experience in matters relating to investments falling within Article 19(5) (investment professionals) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the “Order”), (ii) falling within article 49(2)(a) to (d) (high net worth companies, incorporated associations, etc.) of the Order, or (iii) to whom it may otherwise be lawfully communicated; any other persons in the United Kingdom should not take any action on the basis of this publication and should not act on or rely on it.

This publication does not constitute a recommendation concerning the prospective Offering. This announcement does not constitute an Offer or invitation to subscribe.

This announcement includes statements that are, or may be deemed to be, ‘forward looking statements’. These forward-looking statements can be identified by the use of forward looking terminology, including the terms ‘believes’, ‘estimates’, ‘anticipates’, ‘expects’, ‘intends’, ‘may’, ‘will’, or ‘should’ or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. By their nature, forward looking statements involve risk and uncertainty because they relate to future events and circumstances which may or may not occur. Many of these factors are beyond the control of the Company. Should one or more of these risks or uncertainties materialise, or should underlying assumptions prove incorrect, actual results and circumstances may vary materially from those described in this announcement as anticipated, believed, estimated or expected.

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