Red Hat SummitRed Hat (NASDAQ: RHAT), the world's leading provider of open source to the enterprise, today announced that for the second consecutive year, Ziff Davis' CIO Insight Research Study has named Red Hat the leader in vendor value and overall satisfaction according to US senior-level IT executives surveyed. The study can be viewed in its entirety at http://www.redhat.com/f/pdf/sec/CIO_research5_1205.pdf .
Red Hat topped the list of global vendors with an overall rating of 84.2 percent, indicating the total percentage of respondents that ranked the company's open source solutions as "excellent" or "good." In addition, Red Hat was ranked number one for "meeting expectations for lowering costs" and number one in "meeting ROI expectations." The company's closest competitors, Sun Microsystems and Novell, were ranked 15 and 22 respectively.
CIO Insight's 2005 Vendor Value and Satisfaction study surveyed 884 senior-level US technology executives, asking each respondent to rate their IT vendors as "excellent," "good," "fair" and "poor" on seven key criteria including increasing revenues, lowering business or IT costs, solving business problems and meeting ROI expectations. The study was conducted in conjunction with Equation Research, LLC of Estes Park, Colo.
"At Red Hat, customer feedback is the most important measure of our success," said Joanne Rohde, executive vice president of Worldwide Operations at Red Hat. "For the second consecutive year, CIOs and other high-level IT executives have named Red Hat their most valued IT vendor. The results indicate that customers are finding our broad portfolio of open source technologies and services to be the most compelling and valued in the market."
About Red Hat, Inc.
Red Hat, the world's leading open source and Linux provider, is headquartered in Raleigh, NC with satellite offices spanning the globe. Red Hat is leading Linux and open source solutions into the mainstream by making high quality, low cost technology accessible. Red Hat provides operating system software along with middleware, applications and management solutions. Red Hat also offers support, training and consulting services to its customers worldwide and through top-tier partnerships. Red Hat's open source strategy offers customers a long term plan for building infrastructures that are based on and leverage open source technologies with focus on security and ease of management. Learn more: http://www.redhat.com
Forward-Looking Statements
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- About Red Hat
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.
- Forward-Looking Statements
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.
