Cloud Drives Red Hat Back to Asia
Closing the year on a high note with a 75 percent share of the Linux market and analysts salivating over its position in the tech industry’s three hot areas of open-source software, cloud computing and virtualization, Red Hat has recommitted itself to the Asian Market.
The database beat of the Bangkok Post quoted Dirk-Peter van Leeuwen, vice president of Red Hat Asia Pacific, as saying expanding cloud-computing opportunities with governments and growing the acceptance of open-source solutions are the company’s priorities in the region.
Red Hat is working with the government in China to establish a cloud computing center that offers software-as-a-service to small-to-medium-sized enterprises. The company also recently acquired Makara, a platform as a service (PaaS) application.
The company’s Enterprise Virtualisation and JBoss Enterprise Middleware products continue to gain interest from the telecom and banking sectors in Thailand.
Red Hat is projected to become the open-source community’s first billion-dollar company in 2011. Earlier this month, the company reported quarterly earnings of $235.6 million, an increase of 21 percent from the same period last year. Subscription revenue for the quarter was $198.8 million, also up 21 percent.
Cloud deployment should drive increased revenues through 2011. Red Hat CEO Jim Whitehurst has said that cloud computing is heavily dependent on open-source software. He estimates that 90 percent of cloud infrastructures in place today use some open-source software.