The hidden risks of DIY open source

Selecting the right platform to execute your business strategy

Maintaining a dominant position in the financial services market requires the adept management of organizational processes and cost reduction, particularly in technology and operations. Opting for a DIY open-source infrastructure instead of enterprise open-source may seem alluring, but there are concealed costs and challenges that may not be immediately evident. Red Hat has accompanied numerous financial institutions on this journey as a strategic IT partner, assisting them in identifying the most suitable open-source approach aligned with their efficiency-driven strategy.



Manifesto | A Value-Added Sales Enablement Asset

The Manifesto is a substantive, data-led information resource targeting the C-suite and important decision-makers of a key account. It highlights the key transformational outcomes of a strategic partnership with Red Hat. It delves into the key challenges faced by banks when experimenting with DIY open-source and demonstrates how a robust, enterprise open-source solution not only sidesteps these pitfalls but is also more effective in achieving overall cost reduction.

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6 challenges with DIY open source : Infographic

DIY solutions promise a lot, but they can come with hidden challenges. Here’s how they stack up against Red Hat, based on independent analysis from Forrester.

Total cost of ownership (TCO)

How much do DIY open-source solutions really cost, compared to Red Hat?

Productivity impact

How easy is it to get stuff done on a DIY solution such as Openk8, compared to Red Hat?

Integrations

How will DIY solutions work with the rest of my tech stack?

Innovation

How will each open-source solution help me to drive innovation and revenue growth?

Security & compliance

How much risk will DIY solutions create for your organization?

Staffing implications

Will the solution help my team to be more efficient, or will it require more resources to run?

Red Hat can support you to execute your strategy with confidence . We have compiled the resources below to help you explore the additional value that open-source could be adding for financial institutions. Take a look to compare the differences between what Red Hat and DIY solutions can offer, and to explore how your partnership with Red Hat can accelerate your overall business strategy.

Let's talk

Open-source is more than just a cost centre to be streamlined – at its best, it should be a risk stabiliser for your business an a revenue driver. We’re here to help you navigate the risks, grasp the opportunities, and lead the financial services market with faster app development and robust infrastructure management.

As a strategic open-source partner, we’re always looking for areas where infrastructure could be more efficient.

We’d love the opportunity to talk through some of the points in this manifesto.

Feel free to contact our strategic account manager directly with any questions or thoughts using the details below.

Lai Meng Seto, Strategic Account Manager
+65 9008 4644
lseto@redhat.com

Get the manifesto