Meteor co-founder Matt DeBergalis says that ultimately Meteor plans to provide many of the commercial cloud services that IT organizations will use to manage applications built with the Meteor 1.0 framework, which was two years in the making.
The Meteor platform itself consists of multiple libraries, including a Blaze User Interface Library and Tracker, a system for transparent reactive programming. Isobuild is a Meteor tool system that can invoke an implementation of a Distributed Data Protocol that Meteor developed. In fact, Meteor is not an actual piece of software, but rather a recommended Stack of software based on packages that are designed to easily fit together.
Meteor has also made available examples of applications, including a collaborative Todos application and a Local Market cross-platform photo-sharing app that a neighborhood grocery store might use to build stronger online community.
It remains to be seen if Meteor can usurp application development platforms that many developers have spent a lot of time mastering. In addition, competition in the application development space is nothing short of fierce. But DeBergalis says that open source approaches to creating a software platform have consistently overcome commercial offerings that are only supported by a handful of developers versus an entire open source community.