Ho-hum, another impressive quarter from Red Hat.
The open source leader has made a habit of churning out consistent, profitable growth, even as its would-be open source peers rake in billions from VCs only to see it evaporate in the frenzied pursuit of paying customers. I’ve suggested that such companies need to become boring like Red Hat, but Red Hat’s growth no longer looks pedestrian.
In fact, in its first quarter of the company’s fiscal year (FY 2017), Red Hat is showing signs of becoming a serious staple of enterprise computing for decades to come.
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