Red Hat becomes the first open source company to amass a billion dollars

On February 29, 2012, Red Hat’s fiscal year came to a close and they are expected to cross an important milestone; becoming the first billion dollar commercial open source software company.  Whether or not you believe they are the first open source software company to cross this mythical threshold is inconsequential, the fact is Red Hat has done it.  With all my sincerest respect and admiration, I tip my “red hat” to this historical accomplishment.

With all due respect to other Linux distributions such as Canonical (Ubuntu) and SUSE, Red Hat is the de facto standard for Enterprise Linux.  They have a reputation for building a quality product, have a stable of certified applications from leading ISVs, maintain a “Cisco-like” army of certified professionals, and provide long term support for their products.  Unlike the early years of their business, Red Hat’s biggest threat does not come from a new operating system challenger ala Microsoft; it comes from virtualization vendors with all eyes on VMware, Microsoft, Citrix, and Oracle.

More @ blog.zenoss.com/2012/03/why-billion-dollar-red-hat-and-openstack-need-to-dance/

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: