Open Source or Not

VortexOps is considering releasing its software as open source. Prepare a 2-3 page report on the potential advantages and disadvantages of this. The conclusion of the report should make a recommendation on whether or not the software should be released as open source.
(VORTEXOPS ISN’T REAL, SO PRETEND IT IS REAL, WOULD YOU CONSIDER THE SOFTWARE THEY ARE RELEASING. DISCUSS IF IT SHOULD BE A OPEN SOURCE SOFTWARE OR NOT OPEN SOURCE)