Language Selection

English French German Italian Portuguese Spanish

Winning: Q&A with Jim Whitehurst, Red Hat CEO

Filed under
Linux
Interviews

When Red Hat CEO Jim Whitehurst said in 2008 he planned to get the company to $1bn in annual sales by 2011, up from $500m at the time, there were those who scoffed. But as the open source vendor just closed its fourth quarter with sales of $244.8m, up 25%, it's almost certain he will achieve his ambition, even if the firm's first billion-dollar year will actually be its fiscal 2012, not 2011. Who's counting?

As Whitehurst said at the time of the recent earnings announcement: "With record bookings and billings in the fourth quarter, we are on a run rate to become the first pure-play open source company to achieve a billion dollars in revenues next fiscal year, a milestone achievement for Red Hat and the open source community."

As well as the revenue milestone, Red Hat's profitability has enabled it to squirrel away over a billion dollars in cash and other investments, while its market capitalisation on Nasdaq has soared to over $8.7bn. The firm has proven that it is possible for an open source company not just to survive, but to thrive.

CBR caught up with Whitehurst in London recently. Here are some of the highlights from our conversation, but see below for a link to the entire podcast interview.

rest here




More in Tux Machines

The 2016 Open Source Jobs Report

Red Hat News

  • Want to work in Release Engineering in Europe?
    Red Hat Release Engineering is hiring in Europe.
  • Red Hat targets midmarket with Keating, Tech Data partnerships
    Red Hat Canada has unveiled a new approach to reach the lower end of the enterprise and the upper midmarket in partnership with Keating Technologies and Tech Data Canada. Under the program, Keating will work with the vendor to uncover and qualify leads in the $500 million to $1.0 billion market. Once fully developed, those leads will be handed over to existing Red Hat Canada partners to close the deal, and will be fulfilled through Tech Data.
  • Gulf Air creates private cloud to support open-source big data engine
    Bahrain’s national carrier is using Red Hat Enterprise Linux, Red Hat JBoss Enterprise Application Platform, and Red Hat Storage as a platform for its Arabic Sentiment Analysis system, which monitors people’s comments through their social media posts.
  • Fedora Pune meetup April 2016
    I actually never even announced the April meetup, but we had in total 13 people showing up for the meet. We moved the meet to my office from our usual space as I wanted to use the white board. At beginning I showed some example code about how to write unittests, and how are we using Python3 unittests in our Fedora Cloud/Atomic images automatically. Anwesha arranged some soft drinks, and snacks for everyone.

Android Leftovers

“LEDE” OpenWrt fork promises greater openness

A “Linux Embedded Development Environment” (LEDE) fork of the lightweight, router-oriented OpenWrt Linux distribution vows greater transparency and inclusiveness. Some core developers of the OpenWrt community has forked off into a Linux Embedded Development Environment (LEDE) group. LEDE is billed as both a “reboot” and “spinoff” of the lightweight, router-focused distribution that aims to build an open source embedded Linux distro that “makes it easy for developers, system administrators or other Linux enthusiasts to build and customize software for embedded devices, especially wireless routers.” Read more