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Red Hat Nears $1 Billion In Deferred Revenue

Posted by thevarguy2 on
www.thevarguy.com; By The VAR Guy
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Red Hat is approaching $1 billion in deferred revenue, a strong sign that financial services, government, technology and telecommunications customers see the open source company as a long-term software partner. But can Red Hat use all of that good will to attract a new generation of cloud, storage and virtualization customers?

Red Hat is approaching $1 billion in deferred revenue, a strong sign that financial services, government, technology and telecommunications customers see the open source company as a long-term software partner. But can Red Hat use all of that good will to attract a new generation of cloud, storage and virtualization customers?

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