Red Hat Listed Among 50 Top Tech Companies 169
Kelvin Ekston writes " Red Hat is listed among ZDNet Asia's 50 Top Tech companies 2006. It is also one of the fastest growing companies with 210.4% year on year income growth over 4 years.
While almost all Linux companies grapple with the perennial question of how they can make money through software subscriptions and services rather than selling packaged boxes, Red Hat finally managed to improve credibly and match the hype with substance and show the way to do business with Linux. That's the way to go!"
What a suprise..... (Score:5, Informative)
Re:What a suprise..... (Score:5, Interesting)
Its the same as when people complain that surveys done that show Windows is better than Linux is funded by Microsoft. This should be taken with a large grain (hell, a pinch) of salt.
And I was going to say ... (Score:4, Insightful)
Some days it seems like some folks put them just a step above Microsoft.
Re:And I was going to say ... (Score:1, Informative)
It seems to me that, as far as Linux distros are concerned, Redhat tends to be the whipping boy of the Linux enthusiasts on Slashdot.
Some days it seems like some folks put them just a step above Microsoft.
A lot of people on Slashdot are very anti-corporatist by nature. They'll be suspicious of any company that seems to be making a buck, even if they're selling Linux. To these people the only good Linux distro is a not-for-profit one that's run by a band of diehard enthusiast hackers.
Re:And I was going to say ... (Score:5, Insightful)
I agree, but one must keep in mind that this says far more about the character and maturity of Linux enthusiasts on Slashdot than it does about the RedHat distro.
Re:And I was going to say ... (Score:2)
on the one hand they do contribute a lot of code to the opensource movement and they should be applauded for doing so!
on the other hand they released rh9 which was known to be a pita to get a lot of software to work on. then they scrapped rhl altogther and moved to fedora with its insanely fast release schedule and which afaict wasn't properly stabalised before rh9 was eoled.
i really got the impression that they wanted to force people to switch to rhel.
sure there is the rhel rebuilds
Re:And I was going to say ... (Score:2)
Re:And I was going to say ... (Score:4, Interesting)
Re:And I was going to say ... (Score:2)
Re:And I was going to say ... (Score:3, Insightful)
This is because Redhat are trying to run a business, not a charity.
Re:What a suprise..... (Score:1, Insightful)
I for one am going to work for Tata Consultancy Services. You cannot go wrong when your services are consulted by Tata's. When you go through one of their consultations, you too will like their services. Maybe one of their services is to help the porn industry decide whether to use HD-DVD or Blu-Ray!
Re:What a suprise..... (Score:5, Interesting)
Besides, RedHat's 36% annual revenue growth for 4 years is impressive. Sure it's easier for smaller company to score big growth numbers, but $200M in revenue and 36% annual growth seems like a pretty nice place to be.
The nice thing is RedHat's success actually means something to Linux users, even if they're not RedHat customers, because RedHat is quite active in developing OSS.
Any non-independent study (Score:1)
Re:Any non-independent study (Score:3, Funny)
Re:Any non-independent study (Score:2)
Re:What a suprise..... (Score:1)
Ah, yes, the good old
Ad man doing his job (Score:2)
IBM/Redhat/EMC Publicity guy:- Hmm, a survey that makes us look good - yes, we'll put out names along side that.
Cause and effect are not always straightforward.
Re:What a suprise..... (Score:2, Funny)
Ads? You need http://adblock.mozdev.org/ [mozdev.org] my friend.
And to see the fruits of their labor... (Score:5, Informative)
The updates aren't that impressive (Score:2)
Re:The updates aren't that impressive (Score:4, Informative)
Maybe back in the 3.x series they were lagging, but they have a crapload of people working on it now as well as their own yum update repository instead of pointing at redhat's.
No surprise (Score:5, Insightful)
Cracking the top 50 isn't surprising, or terribly newsworthy.
That said, it's more proof that Linux® is on the radar screen, which is nice.
Re:No surprise (Score:5, Interesting)
Yeah. 2 years of profits. [yahoo.com] That's solid.
That might be considered "solid" in the Open Source industry, but as a business in general, they're still considered a relatively unproven start-up. I want to see at least a solid 5-10 years of profitability before I'd consider investing a dime, personally.
Perhaps a dime or three wouldn't hurt. (Score:5, Interesting)
Re:Perhaps a dime or three wouldn't hurt. (Score:2, Informative)
No, in my case it's investment. (Score:2)
Re:No surprise (Score:5, Informative)
Redhat merged with Cygnus, didn't they? Cygnus have been profitable using an open-source business model since the late 80s/early 90s. And Redhat as a whole have been doing business for 12 years too - although they haven't always been in the black, they have still managed to pay the bills, pay wages, and put out products that people buy for well over a decade. Redhat aren't as unproven as you make out.
Re:No surprise (Score:2)
How do you know that? I mean, Cygnus was never publicly traded, so you must have some kind of source for the information?
Re:No surprise (Score:2)
Re:No surprise (Score:2)
I tend to think the OP was just talking out of his ass.
Re:No surprise (Score:4, Interesting)
At which point you'll be investing in a mature, proven company...with a lot less growth potential, and hence much lower stock appreciation prospects.
The way to make big money in the stock market is to find small, great companies and ride their coattails to wealth. More risk, but far greater rewards.
Re:No surprise (Score:4, Insightful)
It all depends on your investment goals, naturally, but doing this as you say is a great way to see your money stagnate. You need to find a company that has a great idea that is undervalued in your opinion. For instance, Microsoft has had many, many years of profitability, but their stock has done nothing interesting in the last year+. I would bet there are a lot of geeks on this board who feel that RedHat is undervalued because the business market doesn't yet understand the power of Linux (especially as a server), and RedHat stands to profit a lot from any growth in that segment. If you were to buy RedHat now, and they became that solid, proven profit-making machine you're looking for in the next 5-10 years, you'll easily double your money. The only way to make money is if you take some risk.
Again, I want to stress that all of this is based on personal opinion (as you said at the end of your post, 'personally'), and I have no idea if RedHat's stock is going to go up or down. To everybody that reads this--do not make any investment or trading decisions based on this post; if you do you're foolish. This is not an offer to buy or sell any security, and you should obviously talk to any investment professional before you make any trading decisions (yada, yada).
Re:No surprise (Score:2)
Redhat's not just an unproven start-up. It's an unproven start-up with a developing track record and posting real profits. Which is a huge improvement over the scam^h^h^h^hcompanies of the dot-com bubble.
Re:No surprise (Score:3, Insightful)
Except that a tech company with 10 years of profitability could just as easily be on their way out. There are no guarantees either way, but some people might rather invest in an up-and-commer then a tech company gone stale.
Easy task (Score:2, Funny)
Re:Easy task (Score:1, Insightful)
Re:Easy task (Score:2)
redhat schmedhat (Score:3, Interesting)
Ever *used* RH support in a corporate environment? If your query is beyond RTFM it's a constant battle to get anywhere. Plus their QA is terrible given they're competing on the corporate level - we've had hanging kernels (on pretty stock hardware) and endless dodgy packages we've had to replace.
There's this endless love in on messageboards because they're FOSS promoters and actually comply to the GPL, but when it comes to working with them if you're corporate and you don't have a sizeable contract with them (ie. govt or multinational) their product in terms of service is no where near close to what you'd expect from other vendors in the market.
Re:redhat schmedhat (Score:2)
I think that Red Hat is overhyped today.
If I had to look at companies poised to do well in the near future, I would sook to Novell.
Re:redhat schmedhat (Score:2)
and this is different form Microsoft or Sun how??? Right now I am fighting the same fight with Windows 2003 advanced server and SQL2000 enterprise on an 8way server that is giving me fits that just happen to coincid
Re:redhat schmedhat (Score:1)
Re:redhat schmedhat (Score:1)
Regards,
Steve
Re:redhat schmedhat (Score:2)
Is that superior level of support the reason why the "subscription number" I got for RH support of my new Dell server keeps coming back "invalid", and the only thing RH can say is "maybe it will work tomorrow?"
Or was your comment sarcastic? I don't know, I don't know if Veritas is known for good or bad support. I only know what I'm thinking of RH right now. (Oh, they also shut support down at 3PM PST, as if nobody might ha
Seconded... (Score:2)
By far, I have had immen
Is Red Hat Linux? (Score:5, Interesting)
Red Hat's stock is on an astronomical PE ratio, higher even than Google's. It's pretty instructive comparing the PE ratio to, say, Novell's which is about a tenth as high.
So, I guess it's clear the financial market is very much buying the line that "Red Hat is Linux", perhaps much more than was the case a year or two ago. Nice news if you're Red Hat. Not so nice for anyone else.
Re:Is Red Hat Linux? (Score:3, Interesting)
OK, but only two others in the list have lower revenues! If you look at revenues/employee, Red Hat is ...lessee... 30th of 50, with Hitachi so far in number 1 (36 times that of #2 Dell) I'm thinking there must be a mistake.
Who was it who was linked here last week saying that table
Re:Is Red Hat Linux? (Score:2)
Re:Is Red Hat Linux? (Score:4, Informative)
If you invested in Red Hat, you really invested in them.. Your money went straight into the companies asset sheet through their extreme dilution.
Red Hat is making good on it now for us long-term investors finally at least. They are buying back the convertible debentures and some of the stock. This should bring their PE down even if the P part stays constant.
It's going to take a while though, Red Hat effectively borrowed billions of dollars from their stockholders and they aren't going to pay it back overnight.
Re:Is Red Hat Linux? (Score:2, Informative)
Red Hat Shares Fall on Analyst Downgrade
Tuesday November 15, 12:01 pm ET
Red Hat Shares Fall 5.5 Percent After Analyst Downgrades Stock on Lacking Near-Term Upside
NEW YORK (AP) -- Shares of Red Hat Inc. dropped 5.5 percent trading Tuesday after an analyst cut his rating on the stock, citing concern that he doesn't anticipate any events that can move the stock price up in the near future.
Shares were down $1.34, to $23.02 in midday trading on
Re:Is Red Hat Linux? (Score:2)
you would see that Red Hat's stock is still a lot higher than it was at the beginning of this year. So your point is? (you might have to click the link to make the graph span out for a year).
Re:Is Red Hat Linux? (Score:2, Informative)
For a company earning $10 that has 10 shares out standing and a share price of $10
P/E = share price / (earnings / shares outstanding)
P/E = $10 / ( $10 / 10 ) = 10
after a 2 for 1 split they will still earn $10 but now they have 20 shares trading at $5 each
P/E = $5 / ( $10 / 20 ) = 10
Tada! the same number.
There are reasons not to rely sole
er, 36% growth? (Score:1)
Never Mind (Score:1)
Re:er, 36% growth? (Score:1, Insightful)
Good stuff -- (Score:2)
Question is, with all of this emerging interest in Red Hat, why hasn't it already gotten me a job? I haven't seen (around here, in Ottawa, anyway) any sharp rise in the number of Linux-related jobs available. So, who's buying all of this support?
Re:Good stuff -- (Score:1)
Re:Good stuff -- (Score:3, Interesting)
Re:Good stuff -- (Score:3, Insightful)
Uhm (Score:2)
Re:Good stuff -- (Score:2)
That's how they make their money, selling certifications to guys like you for jobs that don't exist.
Ethics (Score:2, Insightful)
Re:Ethics (Score:3, Insightful)
Red Hat releases
Red Hat who? (Score:1, Insightful)
I'm going to get modded flamebait, but their business model is identical to Microsoft's. The only way to get Red Hat Linux is to buy it from them. If you aren't a paying customer, you mean zero to them.
Sure it's possible to build a system that is mostly the same at no cost, but you aren't running Red Hat and they won't give you any support if you run into pro
Re:Red Hat who? (Score:3, Informative)
Sure, you *can* download a RHEL. It's just called Centos. Or WhiteBox.
But you're right
Many, many RHEL rebuilds out there (Score:3, Interesting)
I'm hoping someone'll put together a "best of" compilation, using what's stable (and what can be made stable) from the RPM repositories - including Fedora -
Re:Red Hat who? (Score:2)
Hmm... Microsoft's apparent business model: sell subscriptions that give you the license to use (not modify, not own) software, then fail to deliver any new versions of the subscribed software for years; charge extra for support; buy or bury competition; flex monopoly power as much as possible. Red Hat'
Mod parent up (Score:2)
So why stock down (Score:2, Interesting)
Re:So why stock down (Score:2)
Re:So why stock down (Score:2, Insightful)
% increase in profit should be taken with a grain (Score:3, Informative)
going from barely making anything to making just a bit more can be a dramatic % growth but still not necessarily reflect a thriving business model which will generate year over year growth.
Interesting that Google is missing... (Score:5, Interesting)
I DID like that RH made the list with 800 employees...compared to 11,000 for Apple, or 56,000 for M$.
Now to beat RedHat (Score:2)
Yes, but unfortunately, Red Hat was there first. Similar models will get the proverbial "but how are you any different than Red Hat?". So just because it worked for them doesn't mean someone can start now to try to copy the same model for open source. Red Hat is so comprehensive with their services that to try to compete now, especially since it would be *against* them, is an effort in futility.
Not that this is a bad thing, I'm glad for them, but to say that there is a model that works
Re:Now to beat RedHat (Score:1)
You have made, quite possibly, the worst argument for anything I have ever seen.
Nicely done.
RedHat blows away the market (Score:2)
"Shares surged nearly 30% higher on the news -- and with good reason. The company is experiencing sequential improvement in the current quarter as more corporate customers take a shine to open-source solutions."
RHAT is now at $23.13 a share.
http://finance.yahoo.com/q/bc?s=RHAT&t=5y [yahoo.com]
So what? (Score:2, Interesting)
This may be an indication of great things to come, or it could be the start of the much speculated upon Linux bubble.
Don't jump to conclusions.
Re:So what? (Score:2)
Are any of these privately owned? (Score:2)
Its not suprising (Score:1)
Redhat Did a lot to screw Linux credability too! (Score:2, Informative)
The ERP project has grown, so w
Re:Redhat Did a lot to screw Linux credability too (Score:2, Insightful)
Re:Redhat Did a lot to screw Linux credability too (Score:2)
LVM to Linux and it was included in SUSE since version 6.3! That's over 4 years ago. Technically
SUSE was more advanced than RedHat. The only thing Redhat was good generating money from the blood and sweat of open source developers. SUSE innovated.
The Logical Volume Manager (LVM) - Part 1
Michael Hasenstein
This document describes the LVM in SUSE LINUX. It is freely distributable as long as it remains unchanged
Maybe I regret selling... (Score:2)
Now I wonder if I should've been bolder. I could have spent USD 5,000 on RHAT shares instead of leaving the money in my savings account in the bank. Now the shares are worth USD 22 the result would be USD 18,000! Even if Sharepeople had taken 1,000 dollars in fees i
Re:Red Hat cosponsored the survey... (Score:2, Interesting)
My whole office at work uses RHEL - works well, although it doesn't have as wide of RPM support as Fedora, and software stays further behind.
Re:Red Hat cosponsored the survey... (Score:1)
Re:Red Hat cosponsored the survey... (Score:2)
Re:Red Hat cosponsored the survey... (Score:4, Informative)
> BAH!!! REDCRAP is the WORST piece of shit I've ever used. We just bought a bunch of
> RHEL 4 AS licenses, and it has been a freaking nightmare. Support sucks, and takes
> it own sweet time if it's not something easily found. And they'll ask you to test things
> out for things that they've confirmed to be issues - WTF? If you FSCKING know it's an
> issue, you can FSCKING TEST IT OUT YOURSELF, damned lazy bastards.
Lazy? Have you any idea how long it could take to *accurately* reproduce a problematic
environment for this kind of work? It may not even be possible. By asking you to help out,
they are helping *YOU* out - FOSS is all about co-operation btw.
> I also like the way they push things off to others. Oh, disk druid is broken? Use fdisk.
> Umm, excuse me, but where's fdisk when I'm trying to install? And why aren't you putting
> in a ticket to engineering to get it fixed?
It's on virtual console 2 (Alt-F2, or Ctrl-Alt-F2 if you're using graphical). Learn to use
the tools in your hands before criticising the help offered by others. Or find out what a
kickstart %pre script is good for.
> And I especially love the way everything is bundled together. So, now, my choice is waste
> 1G of disk space on win2k, or waste 1G of disk space on REDCRAP, when all I'm trying to
> do is run a freaking web server?!
You installed your webserver with a pre-defined package profile? What are you? Fscking crazy?
Learn to do a kickstart like everyone else and have *only* the packages you select.
Oh, wait, you probably don't even know what packages you want or need.
*sharpens the clue-by-four*
> Oh, oh, lets not even mention the fact that RHEL4 can't even run, out of the box, on
> platforms that they advertize for!!!! Yeah, go perform a default install of RHEL4 on a
> dual core opteron, reboot, and watch it hang. Why the fsck do you put in the smp kernel,
> if it doesn't fucking work?
You mean the dual core opterons that weren't even available as engineering samples at the
time RHEL4 was being cut? Ahh, of course, Red Hat should have just used their magic crystal
ball. In the mean time, install update 2 like the rest of the sane world.
Oh, and RHEL doesn't even come in a box. It's a *subscription*. But you knew that right?
> And of course, the support and registration sites going up and down, and taking more than
> 24 hours to get my damned registration in.
Works for me. Perhaps you need to use a working web browser? Or maybe the fault is between
chair and keyboard?
> And lets not talk about how much fun it was doing an up2date to go from RHEL 4 to RHEL 4
> U1 and U2. Freaking dependency failures, and killing the box so bad that it can't reboot,
> and needing a re-install.
OK, now I just don't believe you. Oh, wait, you didn't kill an up2date/RPM process did you?
Or reboot? Bwaahahahahahaaaha HALOF!
> 2. ftp and http both support resumption of downloads, so if REDCRAP's servers can't
> support this, this is a REDCRAP issue, isn't it?
RHN downloads use wget or curl by preference. Please consult the manual pages.
Also, please investigate the carriage return key on your keyboard - it's very useful.
Although (Score:2)
I can understand your opinion (Score:2)
Gentoo is OK, but I've broken the ebuild system many times because (again) dependency checking on the part of the distro main
How about bittorent? (Score:2)
Re:Apple is the future, though. RHAT remains niche (Score:2)
You made that claim for Apple based on just one version of their server OS? Based on my experience, 10.3 was a nightmare. 10.4 seems more stable, offers better compatibility with Active Directory, and the command line management even though is available since 10.3, seems more useful now. In 10.3, every time I had to manage anything, I had to go to the server room and in Linux, unless there is a need I never am at the terminal. My take, give it some time and th
Re:Apple is the future, though. RHAT remains niche (Score:5, Insightful)
Now, I have used Linux as my primary desktop at home for six years. In that time, it has improved more than any other desktop solution in terms of look and feel, but it was adequate from a productivity perspective even in 1999. Both Gnome and KDE have similarly improved.
What holds back Linux on the desktop is simply fear of change and fear of a lack of interoperability with MS products. These issues are being delt with quickly and I expect that within a short time both issues will be mitigated sufficiently to allow larger corporations to move quickly to Linux with only a bit more effort than upgrading Windows. With any luck we will be close to that before Vista really starts to become commonplace.
Replying to myself, but (Score:2)
Re:Apple is the future, though. RHAT remains niche (Score:5, Insightful)
Troll.
Red hat do not compete in the desktop space [zdnet.co.uk]. Nice try.
As the future of Unix, Apple is also making strong claims on the server and super computer markets. Apples success with the Virginia Tech supercomputer is proof that Apple is opening up a lead in the top-end of the market.
Troll
You mean the way Linux "rules" Supercomputers [forbes.com] with an estimated 60% of the top 500?
There seems to be an emerging consensus in Slashdot land that Apple and OS X is the future of Unix and the sole legitmate claimaint to the king of the desktop.
*sighs* Troll... modded up to +3 by apple fanboys - how predictable.
If they don't, they should. (Score:2)
Re:Apple is the future, though. RHAT remains niche (Score:3, Interesting)
I call bullshit. We run almost every flavor of UNIX available (AIX, Solaris, FreeBSD, various Linux distros, Tru64, HP-UX, Mac OS X, yada, yada, yada), and I can tell you without a doubt: Mac OS X is the least stable and the most difficult OS to deal with.
Look at something like AMD (the automounter, not the chip) and NFS. Wanna lock up your Mac OS X box? Merely access the automount point (/net for us).
Re:Apple is the future, though. RHAT remains niche (Score:2)
Re:Apple is the future, though. RHAT remains niche (Score:2)
The power of X11 allows you to run from the server/desktop
and display anywhere. You can't do that with macOS/X.
And.. have you ever managed macOS/X hacked version of LDAP?
Try implementing that for 600 users. OpenLDAP is better and easier to manage on an enterprise scale.
Re:Apple is the future, though. RHAT remains niche (Score:2)
Re:you know redhat has made it (Score:2, Interesting)