RedHat Grows 1Q17 Revenue to $568M

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viking60
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RedHat Grows 1Q17 Revenue to $568M

Postby viking60 » 23 Jun 2016, 21:44

Redhat is leaving its Linux competitors behind due to expectations for OpenStack.
That represents an 18 % increase year-over-year.

Large single deals over 1 million $ was 45 and that is an increase of 50 %.

The CEO of Redhat is very optimistic for the Redhat Openstack platform:
Whitehurst spent a lot of time on the call talking about the Red Hat OpenStack Platform (OSP). He noted that Red Hat today has hundreds of production deployments across the globe and even more proof-of-concepts are underway including recent wins with Cambridge University, Paddy Power Betfair, FastWeb, NASA JPL, and Produbon, the IT services division of Santander Bank.


In the serious server market Linux is still the leading option (Redhat being the leading company in that segment):

"If you look at something like Hadoop, I think it would be very, very, very rare to find a Hadoop workload that is running on Windows; it is 90 percent Linux," Whitehurst said. " If you look at containers right now, 100 percent are on Linux because it's Linux-native technology. "


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Re: RedHat Grows 1Q17 Revenue to $568M

Postby R_Head » 23 Jun 2016, 22:17

Good news for the community.

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Re: RedHat Grows 1Q17 Revenue to $568M

Postby viking60 » 24 Jun 2016, 08:58

It is likely that the success is somewhat due to the documented shortcomings of closed software. It can be tampered with to spy on you and various governments can instruct the software companies to implement backdoors.

That is a risk that the coorporate world has to eliminate They cannot accept a general ensurance that the companies are very trustworthy -just because they say so....
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Re: RedHat Grows 1Q17 Revenue to $568M

Postby R_Head » 24 Jun 2016, 16:16

Corporations are all in the "insurance"; the box comes with a seal of approval. As a cost measure, their IT is outsourced. I say, security wise, you have to do your own and that is outsourced too. Corporations frown upon IT because the Bigwigs are cluless of their function. In the US is kind of a janitor service... pesky IT nerds/geeks.

The easiest way to hack any system is through the physical way. Most have a very lame physical security infrastructure in place and spend millions building a castle in the cyber space. How often you see RJ45 connectors on the open, inside the facility and if you plug a device nobody says anything?


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