Sarangan Rangachari, Vice President and General Manager for Red Hat Inc (RHT), says the company’s revenue for the first quarter of its 2016 fiscal year was up 10%, compared to its first quarter in 2015. He says applications and the emerging products, including storage, grew 3.5 times more than the Red Hat Enterprise Linux traditional business.
“What comprises that big basket are things like our middleware product portfolio,” he says. “This is the open-source equivalent of things like WebLogic and WebSphere.”
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Rangachari says that as companies start to build the latest and greatest application that are more web-facing than before, Red Hat’s middleware products are coming to the forefront. For instance, he says Cigna has seen a tremendous amount of success building their solution based off of Red Hat’s middleware portfolio.
“So middleware is one with storage, cloud and mobile, making up the four big areas,” he says. “If I were to overly simplify it, the four growth vectors that comprise Red Hat’s emerging markets are platform/middleware, cloud and cloud management, storage and mobile.”
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