how open source software make money

Open source software is released under an open-source license that allows anyone to access, use, modify, and distribute the software's source code. While the code is free, developers and organizations that contribute to open-source projects can still generate revenue in several ways:

Consulting and support services: Many companies developing open-source software offer consulting and support services to help organizations integrate and use the software in their projects. These services can be offered for a fee, generating revenue for the developers.

Sponsorships and donations: Some open-source projects rely on donations and sponsorships from individuals and companies to fund their development. These donations can come in the form of one-time contributions or ongoing support.

Selling related products: Companies can sell products related to open-source software. For example, a company that develops an open-source content management system might sell hosting services, add-on modules, or custom themes.

Dual licensing: Some open-source projects offer a dual license, which allows users to choose between an open-source license and a commercial license. Companies wanting to use the software in a closed-source application may purchase a commercial license.

Crowdfunding: Open-source software developers can use crowdfunding platforms like Kickstarter or Indiegogo to raise money for their projects.
Partnerships and collaborations: Companies can form coalitions and alliances with other organizations to develop and support open-source projects. It can lead to shared development costs, expanded user bases, and new revenue streams.

Thanks for sharing this information.