Red Hat OpenStack: No Revenues This Year But...

Posted by thevarguy2 on Jun 22, 2013 3:56 AM EDT
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Red Hat OpenStack was mentioned 32 times during the Linux company's Q1 2014 earnings call earlier this week. The open source cloud platform is receiving tons of hype. But here's the reality check: Red Hat (RHT) concedes OpenStack will NOT drive any material revenues, billings or bookings for the next 12 months. Does that mean customers can ignore OpenStack for now? Not necessarily. Here's why.

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