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Red Hat Listed Among 50 Top Tech Companies

Posted by CmdrTaco on from the fashionable-headware-is-critical-at-parties dept.

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!"

6 of 169 comments (clear)

  1. No surprise by AceyMan · · Score: 5, Insightful

    Redhat, everyone should agree, is one of the biggest players in a space we all know is growing nicely, and already has a pretty solid presence in the business space.

    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.

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    1. Re:No surprise by 31415926535897 · · Score: 3, Insightful

      I want to see at least a solid 5-10 years of profitability before I'd consider investing a dime, personally.

      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).

  2. And I was going to say ... by DikSeaCup · · Score: 3, Insightful
    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.

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    1. Re:And I was going to say ... by talksinmaths · · Score: 5, Insightful

      Redhat tends to be the whipping boy of the Linux enthusiasts on Slashdot

      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.

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  3. Re:Apple is the future, though. RHAT remains niche by einhverfr · · Score: 4, Insightful

    You have a lot more faith in Apple's business ability than I do. Apple has always managed to survive but has seemed to be the future of the OS for the last twenty years. Apple has never been willing to allow their vertical integration to be broken (even with the move to Intel chips), and thus is always a niche market. For better or worse I don't see this changing.

    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.

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  4. Re:Apple is the future, though. RHAT remains niche by tpgp · · Score: 4, Insightful

    Let's face it, Red Hat's amaturish "desktop" offerings and lame marketing can't and won't overthrow Micrsoft.

    Troll.

    Red hat do not compete in the desktop space. 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 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.

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