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Object Code - The result of putting source code through a compiler, object code is a sequence of instructions that a processor can understand. Proprietary software vendors typically deliver object code to customers as opposed to source code, since they do not want the original programming modified.

Open Source - An ontology of producing and maintaining software, the code of which is made available to the users of the software.  An Open Source product is the culmination of the voluntary work of a community of developers.

Original Equipment Manufacturer (OEM) - A standard manufacturing term where a component or series of components is/are integrated to make a larger whole. In the software business, products are regularly OEM'ed by vendors of Web content management or digital asset management systems so as to extend the functionality of their products.

A short number of examples of OEM opportunities in the content software space include:

ImageMagick: Regularly OEM'ed (or embedded) into digital asset management and Web content management systems for image transformations. Adobe Graphics Server was being used for this purpose a few years ago but it has fallen somewhat out of favor due to his processor-intense needs

FlipFactory (by Telestream): Regularly OEM'ed by vendors to automate transcoding of video assets

InDesign Server (Adobe): A popular OEM product that allows companies to dynamically create print-ready materials from a central content repository.

Outtake - In photography, the shots that have been taken that have not been selected for publication (either in Print, Web, or another medium). Usually after a photo shoot of any kind there are dozens if not hundreds or thousands of images that go unused. At many publishers this is an issue since the value of those assets is not being realized.

The situation is complicated in several ways:

1. Freelance photographers often retain their legal rights to outtakes, so the publisher needs to acquire the rights to use any outtake asset

2. Regardless of whether a publisher owns an outtake or not, the company usually has difficulty finding the assets since they have not been cataloged properly. Typically outtakes remain on the DVD/CD that they were sent in on. That digital media is often not properly indexed or stored, so no one generally knows that any relevant outtake existed without browsing them again.

Publishers have been investing in digital asset management systems to tackle the issue of outtake storage, however the digital rights issue must still be tackled. The other issue is whether those outtakes can be monetized at all, since if they are not reusable, then storing them would be akin to cluttering the attic of a house with unusable 'stuff'.