Vendor Ratings define Gartner's position on an individual vendor as a whole, not just on its position within a single market
Online PR News – 10-February-2015 – Dubai, UAE – Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, announced that Gartner, Inc., a leading provider of research and analysis on the global information technology industry, has given the company a “Positive” rating in its first Vendor Rating*. Gartner creates Vendor Ratings for approximately 30 leading IT vendors, and Red Hat believes its “Positive” rating reflects on the importance of its technologies and solutions in today’s IT market.
“Open source is a driving force behind everything from cloud computing and mobile to big data and beyond, and Red Hat customers around the world are benefiting from the innovation we provide,” said Paul Cormier, president, Products and Technologies, Red Hat. “I believe that Gartner’s ‘Positive’ Vendor Rating validates the strength of our open hybrid cloud portfolio and our ability to meet enterprise customer needs as the worlds of physical, virtual and cloud systems converge.”
Gartner’s Vendor Ratings are highly structured reports that define Gartner's position on an individual vendor as a whole, not just on its position within a single market. Gartner’s evaluation was based on various criteria, such as Red Hat’s strategy, products and services, technology, marketing, and overall financial viability.
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 the 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.
Vendor Rating Disclaimer
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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 delays or reductions in information technology spending; the effects of industry consolidation; the ability of the Company to compete effectively; 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; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; 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 Quarterly Report on Form 10-Q (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.
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* Gartner, “Vendor Rating: Red Hat” by Andrew Butler, George J. Weiss, Gary Spivak, Philip Dawson, Arun Chandrasekaran, Ronni J. Colville, Yefim V. Natis, Dennis Smith, Lydia Leong. Dec. 12, 2014. ID:G00269440