Open Core Summit

Telecom industry is a "private club" closed to start-ups. It is dominated by a handful of multi-billion dollar vendors that can endure multi-year sales cycles. Exit multiples are crappy. VCs stay away from Telco. But should this be the case?

Telecom industry today is at the precipece of change, driven by a trifecta of technology trends - Network Function Virtualization (NFV), 5G and Edge Computing. Unlike Enterprise infrustructure sector where open source models are getting killed by public cloud
everything-as-a-service approach, Telco industry is evolving into the land of opportunity for open source start-ups.

At Mirantis today 70% of our business comes from Telecom industry with over 25,000 physical servers under support subscription for our software. In this session I will share how we got there and what are the near term opportunities for building open source start-ups in the Telecom space.