Tag Archives: Red Hat Innovation Award

Red Hat Partners Are Driving APAC Hybrid Cloud Adoption!

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Red Hat just announced that their partners are driving a rising interest for hybrid cloud in the Asia Pacific region.

Here is everything you know about their update on the Red Hat Certified Cloud and Service Providers program!

 

Red Hat Partners Are Driving APAC Hybrid Cloud Adoption

At Red Hat Forum 2019, Red Hat revealed that there is a rising interest for hybrid cloud in Asia Pacific, driven by an increasing number of cloud and managed service providers joining the Red Hat Certified Cloud and Service Providers program.

The Red Hat Certified Cloud and Service Providers program currently have over 300 cloud, system integrators and managed service providers in Australia, China, Japan, Korea, Singapore, Thailand, The Philippines and Vietnam.

Red Hat shared a list of some APAC cloud and managed service providers that have recently enrolled in the program :

  • Australia : Bulletproof
  • China : Shanghai DaoCloud Network, Shanghai Yungoal Infotech
  • India : Cyfuture India Pvt. Ltd, Netlabs Global IT Services Pvt. Ltd, GAVS Technologies, Kaar Technologies, Sensiple Software Solutions
  • Japan : BBC Co Ltd, i2ts Inc.
  • Korea : Codefarm
  • Singapore : Fujitsu Singapore
  • Thailand : Internet Thailand Public Company Limited
  • The Philippines : Micro-D International
  • Vietnam : Sao Bac Dau Telecom JS

These Red Hat Certified Cloud and Service Providers can gain access and leverage Red Hat solutions like Red Hat Enterprise Linux, Red Hat OpenShift Container Platform and Red Hat OpenStack Platform, to improve operational efficiency and flexibility, as well as expand their hybrid cloud and ISV solutions.

 

Red Hat Innovation Awards For HLB + Alliance Bank!

Red Hat also announced that the two winners for the Red Hat Innovation Awards 2019 :

  • Digital Transformation and IT Optimisation : Hong Leong Bank
  • Digital Transformation and Agile Integration : Alliance Bank

 

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Red Hat Launches Open Innovation Labs in Singapore

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KUALA LUMPUR, September 27, 2017 – Red Hat, Inc. (NYSE: RHT) today announced the launch of its first Red Hat Open Innovation Labs in the Asia-Pacific region in Singapore

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Red Hat Launches Open Innovation Labs in Singapore

Red Hat Open Innovation Labs help customers integrate people, methodology, and technology to catalyze innovation and solve business challenges in an accelerated fashion by working collaboratively in an immersive, residency-oriented lab environment with Red Hat experts at the new physical lab in Singapore or in a pop-up lab at a customer’s site.

Through Red Hat Open Innovation Labs, IT teams work closely with Red Hat consultants, engineers and subject matter experts to modernize existing applications or create new ones with open source and DevOps. The typical Red Hat Open Innovation Labs residency lasts anywhere from one to three months and provides IT professionals with the technologies, methods, and skills to accelerate business initiatives.

Through hands-on instruction, teams can also learn how to adopt agile development methodologies, DevOps practices, and get immediate and direct experience with the open principles and open culture that underlie many open source communities.

As digital transformation reshapes industries, organizations of all sizes and across industries are rethinking their approach to innovation and how technology can help them compete more effectively. Red Hat Open Innovation Labs launched in 2016 based on customer interest in applying Red Hat’s vast open source expertise to help them solve these business and IT challenges. Red Hat Open Innovation Labs provides a prescriptive environment designed for customers to develop applications with speed, agility, scalability and increased security.

As part of the Red Hat Open Innovation Labs engagement, customers can use microservices, deploy them in containers, and deliver them using DevOps methodologies across physical, cloud and mobile environments to more quickly scale up or down on-demand and help meet new requirements. In addition to its location in Singapore, Red Hat also has physical Red Hat Open Innovation Labs in Boston and London.

Core features of an Open Innovation Labs residency include:

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  • Solve legacy problems or entirely new challenges: Customers can take advantage of mentoring and technology to help their organization design and develop solutions to modernize legacy applications or take on entirely new challenges developing applications, architectures, and features for mobile, cloud, microservices, and more.
  • Work on real business problems from day one: Using Red Hat’s push button infrastructure and automated development environments, customers can quickly start development, resulting in quicker time to value and measurable outcomes.
  • Learn to work the open source way: Customers can collaborate with Red Hat experts and with the open source community on upstream projects using an agile-based methodology, open source tools, and best practices for application development.
  • Innovate anywhere: With a more secure cloud environment, any authorized team members can work together from anywhere at any time. Development can happen at a customer’s site, in an Open Innovation Labs facility, or virtually.

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SSM Wins The 2017 Red Hat Innovation Award!

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October 3, 2017 – According to Red Hat, the percentage of businesses with advanced digital transformation strategies and implementations will rise in the next few years. As rapid application development is a necessity now, open source is increasingly being seen as a default choice for organizations in Malaysia and the region, enabling them to keep up with the evolving technology landscape.

 

The 2017 Red Hat Forum

Speaking at the 2017 Red Hat Forum Media Briefing here, Damien Wong, Vice President and General Manager at Red Hat ASEAN shared that though every organization has its own unique set of needs and obstacles when it comes to their digital transformation journey, Red Hat has noted three common challenges amongst its customers across numerous industries.

The challenges that have been identified are determining a cloud strategy that complements the business; building and delivering new applications faster; and utilizing the technology that is currently in place whilst bringing it up to speed to meet the overall business needs.

 

SSM Wins The 2017 Red Hat Innovation Award!

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As organizations in Malaysia and the region have to build new applications to meet ever-evolving business demands, it is crucial for them to innovate continuously through rapid development and modern operations. In line with this, today, Red Hat named Suruhanjaya Syarikat Malaysia (SSM) as the winner in Malaysia for the 2017 Red Hat Innovation Awards (APAC) for their outstanding and innovative usage of Red Hat solutions.

SSM recently embarked on a journey of developing a new and advanced gateway for the registration of companies and businesses in Malaysia. SSM now uses Red Hat’s Middleware solution, Red Hat JBoss Fuse to simplify and speed up the registration process by reducing manual registration handling with an automated online system.

By deploying Red Hat JBoss Fuse, SSM is now better positioned to meet current and future integration needs, and reduce manual touch points, automate processes, and connect assets for improved efficiency.

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The Power Of Participation At Red Hat Forum 2016

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Red Hat just held their 6th Red Hat Forum here in Kuala Lumpur on the 6th of October 2016. The theme at Red Hat Forum 2016 was “Power of Participation“, building on Red Hat’s vision of enterprises transforming themselves and/or creating new innovations by participating in and collaborating on open source software.

At an exclusive media event, Chris Wright and Damien Wong from Red Hat, as well as Frederic Giron of Forrester, gave us an overview of what was covered during Red Hat Forum 2016. Check it out!

Left to right : Frederic Giron (Forrester), Chris Wright (Red Hat) and Damien Wong (Red Hat)

 

The Red Hat Forum 2016 Media Briefing

Damien Wong, Vice President and General Manager of Red Hat ASEAN, kicked off the media briefing session with an overview of the Red Hat Forum, and the Red Hat Forum 2016 theme of the “Power of Participation“. He also announced the winners of the 2016 Red Hat Innovation Awards in the Asia Pacific region.

Next, Red Hat Vice President and Chief Technologist, Chris Wright, dove into how open source collaboration will help enterprises transform themselves to adapt to a fast, flexible future. A future where more services will be processed in the cloud, served on the Internet, and consumed on mobile devices.

Finally, Frederic Giron, Forrester Vice President and Research Director Serving CIOs, gave an overview of the Red Hat-commissioned ‘Open Source Drives Digital Innovation‘ survey of 450 CIOs in Asia Pacific.

 

Red Hat Q2 FY2017

Two weeks ago, Red Hat announced their financial results for the second quarter of the fiscal year 2017. Here are some key points :

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Revenue : Total revenue for the quarter was $600 million, up 19% in U.S. dollars year-over-year, or 18% measured in constant currency.

Operating Income : GAAP operating income for the quarter was $82 million, up 7% year-over-year. After adjusting for non-cash share-based compensation expense, amortization of intangible assets, and transaction costs related to business combinations, non-GAAP operating income for the second quarter was $137 million, up 11% year-over-year.

Net Income : GAAP net income for the quarter was $59 million, or $0.32 per diluted share, compared with $51 million, or $0.28 per diluted share, in the year-ago quarter. After adjusting for non-cash share-based compensation expense, amortization of intangible assets, transaction costs related to business combinations, and non-cash interest expense related to the debt discount, non-GAAP net income for the quarter was $101 million, or $0.55 per diluted share, as compared to $88 million, or $0.47 per diluted share, in the year-ago quarter.

Cash : Operating cash flow was $97 million for the second quarter, a decrease of 21% on a year-over-year basis. Total cash, cash equivalents and investments as of August 31, 2016 was $2.0 billion after repurchasing approximately $127 million, or approximately 1.8 million shares, of common stock in the second quarter.

You can check out more details in the Red Hat Quarterly Fact Sheet for Q2 FY2017.

 

Red Hat Outlook Guidance

For the full FY2017 :

  • Revenue guidance is expected to be $2.415 billion to $2.435 billion in U.S. dollars.
  • GAAP operating margin is expected to be approximately 13.8% and non-GAAP operating margin is expected to be approximately 23.0%.
  • Fully-diluted GAAP earnings per share (EPS) is expected to be approximately $1.35 to $1.37 per share. Fully-diluted non-GAAP EPS is expected to be approximately $2.23 to $2.25 per share. Both GAAP and non-GAAP EPS assume a $1 million to $2 million per quarter forecast for other income. Both GAAP and non-GAAP EPS also assume an estimated annual effective tax rate of 27% before discrete tax items and 184 million fully-diluted shares outstanding.
  • Operating cash flow guidance range is expected to be approximately $800 million to $820 million.

For Q3 FY2017 :

  • Revenue guidance is $613 million to $623 million.
  • GAAP operating margin is expected to be approximately 13.4% and non-GAAP operating margin is expected to be approximately 23.3%.
  • Fully-diluted GAAP EPS is expected to be approximately $0.34 per share. Fully-diluted non-GAAP EPS is expected to be approximately $0.58 per share. Both GAAP and non-GAAP EPS assume a $1 million to $2 million forecast for other income. Both GAAP and non-GAAP EPS also assume an estimated annual effective tax rate of 27% before discrete tax items and 184 million fully-diluted shares outstanding.

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