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Red Hat, Inc

Company Profile Analysis

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Red Hat, Inc - ICT showcase

Year Founded & Workforce

1993

11,870 Employees

Industry

ICT

Services

Private Cloud Services
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Red Hat, Inc Employee Contacts

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Red Hat, Inc Overview

Company Headquarters: US

Founded: 1993

Workforce: 11,870

Company Working: Red Hat is one of the leading providers of open source software solutions. Its product portfolio includes operating system, virtualization, middleware, storage, cloud, and mobile technologies. It provides its software-based offerings in the form of annual or multi-year subscriptions. The company operates across North America, South America, Europe, Asia, and Australia. The company’s division, Red Hat cloud offers software that enables its customers to make and manage different cloud computing environments, including Red Hat Enterprise Linux OpenStack Platform, Red Hat Cloud Infrastructure, OpenShift by Red Hat, Red Hat Cloudforms, and Ansible Tower. The company also engages in providing various services like consulting to help its customers enable infrastructure, application integration, middleware, cloud, mobile and storage solutions. Additionally, its support services provide customers with technical support to assist with the implementation of its services

Strategy

Red Hat majorly focuses on improving its business reach. The company improvises on various organic and inorganic strategies to ensure its reach to the customers. Its recent agreement with IBM is expected to make IBM a leader in the hybrid cloud market.

Company Snapshot

$1,780M

Revenue

11,870

Employees

1993

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Broad portfolio of open source software solutions
  • Significant engineering and development capabilities
  • Association with leading companies enhances market visibility

Weaknesses

  • Lack of product diversification as compared to peers

Opportunities

  • Positive outlook for cloud computing market
  • Strong growth in big data market to drive sales

Threats

  • Intense competition
  • Technological changes

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Product Offering

  • Red Hat, Inc
    • Private Cloud Services

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 1.8 Bn in 2015 to USD 2.9 Bn in 2018.
Red Hat, Inc — By Business Segment
Series (USD Bn)2015201620172018
Global Sales1.82.12.42.9

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