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Red Hat Named to CRN's 2013 5-Star Partner Program Guide

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By Business Wirevia The Motley Fool

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Red Hat Named to CRN’s 2013 5-Star Partner Program Guide

5-Star designation in annual guide identifies CRN’s most elite vendor partner programs

RALEIGH, N.C.–(BUSINESS WIRE)– Red Hat, Inc. (NYS: RHT) , the world’s leading provider of open source solutions, today announced it has been named to CRN’s 2013 Partner Program Guide, and awarded a 5-Star Partner rating. The CRN Partner Program Guide is a listing of manufacturers and software publishers that service solution providers or provide products to the IT Channel. The guide recognizes those vendors who have channel programs and derive a portion of their sales through the indirect IT Channel. The 5-Star Partner Program rating recognizes an elite subset of Partner Program Guide vendors who give solution providers the best partnering elements in their channel programs.

The list methodology is based on objective criteria that takes into account each vendor’s investments in program offerings, partner profitability, partner training, education and support, marketing programs and resources, sales support and communication. Vendors are assessed using the information that they provide in their completed applications.

This honor follows the recent recognition of several Red Hat executives named to CRN’s 2013 Channel Chiefs list. Mark Enzweiler, vice president, Global Channels and Alliances; Roger Egan, vice president of North America Channel Sales and Development; and Mike Byrd, director of Public Sector Channel Sales, were all recognized in CRN in February for their proven leadership, channel advocacy and commitment to the channel.

Over the last 12 months, Red Hat has fortified its commitment to partners through several significant innovations including a refreshed training curriculum for partners covering pre-sales, sales and delivery; a newly available virtual demo lab partners can use for training and customer demonstrations; a new Partner Lead Pass Program for passing qualified sales leads from Red Hat to qualified partners; and an updated marketing center to assist partners in generating leads and developing a pipeline for joint opportunities.

The 2013 Partner Program Guide is featured on CRN.com and the 5-Star Partners listing is highlighted in the March 2013 issue of CRN.

Supporting Quotes

Roger Egan, vice president of Channel Sales and Development, North America, Red Hat

“Red Hat

Source: FULL ARTICLE at DailyFinance

Business, Finance, Occupation & Industry

Red Hat Reports Fourth Quarter and Fiscal Year 2013 Results

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By Business Wirevia The Motley Fool

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Red Hat Reports Fourth Quarter and Fiscal Year 2013 Results

  • Fourth quarter revenue of $348 million, up 17% year-over-year; full fiscal year revenue of $1.33 billion, up 17% year-over-year
  • Fourth quarter subscription revenue of $303 million, up 19% year-over-year; full fiscal year subscription revenue of $1.15 billion, up 19% year-over-year
  • Fourth quarter operating cash flow of $137 million, up 7% year-over-year; full fiscal year operating cash flow of $465 million, up 19% year-over-year
  • Year-end deferred revenue balance exceeds a billion dollars, up 15% year-over-year

RALEIGH, N.C.–(BUSINESS WIRE)– Red Hat, Inc. (NYS: RHT) , the world’s leading provider of open source solutions, today announced financial results for its fiscal fourth quarter and fiscal year ended February 28, 2013.

Total revenue for the quarter was $348 million, an increase of 17% in U.S. dollars from the year ago quarter, or 18% measured in constant currency. Constant currency references in this release are as detailed in the tables below. Subscription revenue for the quarter was $303 million, up 19% in U.S. dollars year-over-year, or 20% measured in constant currency. For the full fiscal year 2013, total revenue was $1.33 billion, up 17% in U.S. dollars year-over-year, or 20% measured in constant currency, and subscription revenue was $1.15 billion, up 19% in U.S. dollars year-over-year, or 22% measured in constant currency.

“For FY13, the growth drivers in our business remained intact, driving record annual revenue, billings proxy and total backlog up 17%, 14% and over 19% year-over-year, respectively. Within total backlog, the value of customer contracts to be billed in the future and not reflected in our financial statements increased to over $280 million, or up over 40%, as customers increased their commitments to Red Hat technologies in the data center,” stated Jim Whitehurst, President and Chief Executive Officer of Red Hat. “We continued to see momentum with large deals in Q4, closing a record number of deals …read more
Source: FULL ARTICLE at DailyFinance

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Red Hat Announces Agenda for Red Hat Summit, the Industry's Premier Open Source Technology Event

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By Business Wirevia The Motley Fool

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Red Hat Announces Agenda for Red Hat Summit, the Industry’s Premier Open Source Technology Event

Thousands of attendees expected at ninth annual Red Hat Summit in Boston to connect to an ecosystem of innovation

RALEIGH, N.C.–(BUSINESS WIRE)– Red Hat, Inc. (NYS: RHT) , the world’s leading provider of open source solutions, today announced Red Hat Summit 2013, the industry’s premier open source technology event. Now in its ninth year, Red Hat Summit expects to welcome thousands of attendees to the Hynes Convention Center in Boston from June 11-14, 2013, to connect to an ecosystem of innovation. This year’s agenda will feature Red Hat‘s entire portfolio of open source solutions with open hybrid cloud taking center stage. The agenda and registration for Red Hat Summit 2013 are now live at www.redhat.com/summit.

The world is more connected now than ever before. From smart phones to the cloud, technology enables people to communicate and do work with anyone, from anywhere, and advance innovation openly. As organizations embrace these changes, they also face another technological revolution – the move from hardware to software-based infrastructure. Red Hat Summit 2013 will explore how enterprises can “connect” to an ecosystem of innovation to support this shift in the IT landscape.

At Red Hat Summit 2013, attendees can be inspired by industry leaders and real world stories from organizations who will share how they are driving growth and innovation with Red Hat solutions. Featuring more than 160 sessions, Red Hat Summit attendees can attend visionary keynotes, participate in interactive sessions, see live demos, meet Red Hat‘s broad ecosystem of partners, collaborate with Red Hat engineers and community members, and build connections through networking opportunities.

Red Hat Summit 2013 features four days of content focused on many of the technology industry’s hottest topics, including open hybrid cloud, big data, OpenStack, application development, and application and platform infrastructure. Sessions will showcase the latest open source developments in cloud computing, platform, virtualization, middleware, storage, and systems management technologies. New for 2013, Red Hat Summit will fully incorporate sessions on Red Hat JBoss Middleware, formerly hosted in the co-located JBoss World conference. Red Hat Summit attendees can also expect 25 percent more lab offerings than last year. Several pre-conference events are also scheduled, including Red Hat Connect Developer Exchange, JUDCon, CamelOne and Power Training.

Red Hat Summit 2013 will also feature 12 new tracks, including:

…read more
Source: FULL ARTICLE at DailyFinance

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Red Hat CIO Lee Congdon to speak at Open Source Think Tank

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By Business Wirevia The Motley Fool

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Red Hat CIO Lee Congdon to speak at Open Source Think Tank

Congdon to address the role of open source in 2013 and beyond

RALEIGH, N.C.–(BUSINESS WIRE)– Red Hat, Inc. (NYS: RHT) , the world’s leading provider of open source solutions, today announced that Red Hat CIO Lee Congdon will be a featured keynote speaker at Open Source Think Tank on March 21, 2013. Open Source Think Tank brings leading global industry experts and visionaries together to discuss the future of open source. This year’s event will focus on building the bridge to innovation with open source in the enterprise.

Congdon’s keynote will address the role open source will play in 2013 and beyond. As IT continues to evolve at a rapid pace, Congdon will explore how open source can serve as a catalyst to fuel innovation. He will discuss the success open source has had to date with Linux and explore how it can influence the next big challenges in IT, including cloud computing and big data.

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Source: FULL ARTICLE at DailyFinance

     

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Red Hat Introduces JBoss Fuse and JBoss A-MQ to Help Enterprises Combat Inefficiencies Caused by Isl

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By Business Wirevia The Motley Fool

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Red Hat Introduces JBoss Fuse and JBoss A-MQ to Help Enterprises Combat Inefficiencies Caused by Islands of Applications

New products bring high-performance, mission-critical lightweight integration and messaging technologies based on Apache Camel and Active MQ to middleware portfolio

RALEIGH, N.C.–(BUSINESS WIRE)– Red Hat, Inc. (NYS: RHT) , the world’s leading provider of open source solutions, today announced that it has added Red Hat JBoss Fuse and Red Hat JBoss A-MQ to its enterprise middleware portfolio. The products are based on technologies acquired from FuseSource in Sept. 2012 and are designed to enhance Red Hat‘s enterprise integration and messaging capabilities.

Integration plays a significant role in driving middleware technology adoption and is expected to continue to be front and center as external forces like mobile technology, social media and cloud infrastructure require integrated enterprise systems for improved efficiency and growth. Enterprises wrestling to overcome inefficiencies caused by islands of information—and the negative impact on customer service—can benefit from the advanced integration and messaging capabilities of Red Hat JBoss Fuse and Red Hat JBoss A-MQ.

Red Hat JBoss Fuse is a flexible open source Enterprise Service Bus (ESB) based on popular Apache projects such as Camel, a versatile enterprise integration pattern framework, which enable faster time-to-solution integration implementations. Red Hat JBoss A-MQ is based largely on the Apache ActiveMQ project and provides a standards-based, high-performance messaging platform.

The addition of both products broadens Red Hat‘s integration technology portfolio with proven and popular integration and messaging platforms and advances Red Hat‘s vision for creating and empowering intelligent, integrated enterprises. New features shared by both products include:

  • Improved Developer Tooling: Fuse IDE and JBoss Developer Studio provide an intuitive, easy to use, drag-and-drop integration development environment.
  • Lightweight Architecture: Apache Karaf provides a lightweight container for application and component deployment.
  • Operational Efficiency: Fuse Fabric provides a centralized console for managing distributed containers, while JBoss Operations Network extends additional management and monitoring capabilities for Red Hat JBoss Middleware tools installed across the network.

Integration and messaging projects drive services and additional …read more
Source: FULL ARTICLE at DailyFinance