Red Hat: Certain To Grow With Rising Linux Acceptance
Over the years Linux users has been consistently growing due to un-parallel benefits like cost and critical load performance over its competitors like Microsoft Windows. Red Hat Software (RHT) is one such company that provides Linux operating system for desktop and web servers. Red Hat is a leading player in open-source Linux that crossed $1 billion in annual revenue, and it has a solid plan to keep growing its business in the years ahead. Red Hat partners with enterprise vendors like IBM, HP, Intel, Cisco, Dell, and SAP this also provides a deeper penetration in the global market.
The company recently declared quarterly results and was firing all cylinders, it set records for new bookings and billings with strong renewals. It reported a record number of 30 deals that crossed $1 million, with 7 deals that crossed $5 million and 2 were over $10 million. Revenue of $400.4 million was recorded, up by 15.1% year over year also beating the management’s guided range of $397.0 million to $400.0 million.
- Login or register to post comments
- Printer-friendly version
- 1201 reads
- PDF version
More in Tux Machines
- Highlights
- Front Page
- Latest Headlines
- Archive
- Recent comments
- All-Time Popular Stories
- Hot Topics
- New Members
digiKam 7.7.0 is releasedAfter three months of active maintenance and another bug triage, the digiKam team is proud to present version 7.7.0 of its open source digital photo manager. See below the list of most important features coming with this release. |
Dilution and Misuse of the "Linux" Brand
|
Samsung, Red Hat to Work on Linux Drivers for Future TechThe metaverse is expected to uproot system design as we know it, and Samsung is one of many hardware vendors re-imagining data center infrastructure in preparation for a parallel 3D world. Samsung is working on new memory technologies that provide faster bandwidth inside hardware for data to travel between CPUs, storage and other computing resources. The company also announced it was partnering with Red Hat to ensure these technologies have Linux compatibility. |
today's howtos
|
Recent comments
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago
1 year 11 weeks ago