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Red Hat Drives OpenStack Adoption Across EuropeRed Hat (News - Alert), Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that leading organizations across Europe, including Fastweb, Paddy Power Betfair, and Produban, have deployed Red Hat OpenStack Platform as the backbone of their cloud initiatives. Research firm IDC (News - Alert) noted in early 2015, "As European enterprises enter the most critical phase in the 3rd Platform era - the innovation phase, they want new, yet cost-effective technologies to bring their ideas to fruition. Their desire to avoid vendor lock-ins, and reduce software licensing fees are steering them to evaluate OpenStack for building their cloud infrastructures."1 According to the 2016 Red Hat Global Customer Tech Outlook, OpenStack proofs-of-concept (POCs) and deployments are expected to accelerate in 2016, with 39 percent of respondents planning to implement OpenStack POCs or production deployments this year. Red Hat is a private and hybrid cloud leader, with open source solutions spanning the datacenter's four footprints - from bare metal and virtualized environments to private and public cloud. Red Hat is also a staunch supporter and leading provider of OpenStack - both in contributions to the upstream OpenStack community as well as delivery of a production-ready OpenStack platform to enterprise customers. Red Hat OpenStack Platform, a highly scalable, production-ready Infrastructure-as-a-Service (IaaS) solution, has emerged as the open source cloud platform of choice for a growing number of global organizations. Co-engineered with Red Hat Enterprise Linux and hardened and backed by Red Hat's support lifecycle, Red Hat OpenStack Platform offers a proven, fully open foundation for cloud deployments. In Europe, Red Hat has seen strong momentum, highlighted by several successful production deployments, including:
Radhesh Balakrishnan, general manager, OpenStack, Red Hat
Mirko Santocono, product manager, Cloud Computing Services, Fastweb
Paul Cutter, CTO, Paddy Power Betfair
Juan Antonio de la Fuente Osuna, director, Cloud Engineering,
Digital@Produban Additional Resources
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About Red Hat, Inc. Red Hat is the world's leading provider of open source software solutions, using a community-powered approach to reliable and high-performing cloud, Linux, middleware, storage and virtualization technologies. Red Hat also offers award-winning support, training, and consulting services. As a connective hub in a global network of enterprises, partners, and open source communities, Red Hat helps create relevant, innovative technologies that liberate resources for growth and prepare customers for the future of IT. Learn more at http://www.redhat.com. Forward-Looking Statements Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the effects of industry consolidation; the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property; risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent filings with the Securities and Exchange Commission (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations." In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release. Red Hat, Red Hat Enterprise Linux, OpenShift, CloudForms, Ceph, and the Shadowman logo are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. The OpenStack mark is either a registered trademark/service mark or trademark/service mark of the OpenStack Foundation, in the United States and other countries, and is used with the OpenStack Foundation's permission. We are not affiliated with, endorsed or sponsored by the OpenStack Foundation, or the OpenStack community. 1 IDC, "OpenStack - Ready for Prime Time in Europe?," available at http://nordic.idc.com/eng/about-idc/press-center/60698-openstack-ready-for-prime-time-in-europe
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