Red Hat
is demonstrating financial progress across all aspects of our business.
We are generating cash, have seen four consecutive quarters of revenue growth -- 15%
year over year -- and have reduced operating expenses while improving
operating performance.
Our market continues to grow:
| • |
In a March 2003 Goldman Sachs IT spending
survey, Red Hat ranked first among software companies gaining share
of IT dollars. |
| • |
In a November 2002 CIO Magazine survey of 375 IT
executives, 54% said within five years their dominant server platform
would be open source. |
But Linux in the enterprise can't work without a trusted Linux supplier.
Which is why Red Hat is at the center of a relationship that links customer,
community, and partners.
Occupying this position requires balance. We cannot afford to treat
our customers and the developer community in the same way some technology
companies in the past have done. By design, the open source model doesn't
allow for technology lock-in. The standards are open, and customers
are always free to choose.
This is why they choose Red Hat. No other company has our combination
of technology leadership, trust of the open source community, partnerships
with hardware and software vendors, and credibility in enterprise computing.
Only Red Hat.
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