Red Hat (NYSE: RHT), the world’s leading provider of open source solutions, today announced the winners of the JBoss Innovation Awards 2008. In its second year, the awards program is designed to recognize individuals, project teams and companies for technical achievements that show both creative thinking and determined problem solving with JBoss solutions.
The JBoss Innovation Awards 2008 consisted of eight categories, ranging from business process automation (BPA) and service-oriented architecture (SOA) implementation to user experience and ecosystem. Entries were judged based on the solution's creativity and innovation, measurable return on investment (ROI), identifiable improvements to the business, improvement of processes and ability to overcome technology challenges.
"As always, our customers amazed us with their trend-setting uses of JBoss technology to improve the performance of their businesses," said Craig Muzilla, vice president, Middleware Business at Red Hat. "We extend our congratulations to the eight category winners in this year's JBoss Innovation Awards and encourage the community and customers to vote for the Innovator of the Year online at www.jbossworld.com."
The winners of this year's JBoss Innovation Awards include:
Big Lots (www.biglots.com), a Fortune 500 retail chain with approximately 1,350 stores, was selected based on its use of JBoss Enterprise Platform and JBoss Seam to develop and implement a next-generation store inventory management system. Usable across a variety of devices, including hand-held and touch-screen point-of-sale systems, the solution has resulted in increased usability, improved customer experience and enhanced flexibility in responding to future business initiatives.
Joint JBoss Enterprise/Red Hat Enterprise Linux
CompuCredit (www.compucredit.com), a leading provider of financial services to consumers underserved by traditional financial institutions, was selected for its employment of JBoss Enterprise Application Platform and Red Hat Enterprise Linux to construct an XML Gateway to serve as the company's main real-time transaction hub. The implementation has enabled rapid growth, increased productivity, faster services and more than $2 million in cost savings.
Sakonnet Technology (www.sknt.com), which provides wholesale energy trading and risk-management systems under the Software as a Service (SaaS) model to energy producers, banks, investment firms and commercial and industrial companies, was selected for the impressive migration of its main application, Xenon®, to JBoss Application Server and Red Hat Enterprise Linux. As a result of this migration, the company experienced decreased costs, faster development times, heightened reliability and enhanced support.
Daiwa Securities America (www.daiwausa.com), focused on the sales and trading of Japanese and U.S. equities, was selected based on its migration to JBoss Enterprise Portal Platform to enhance the experience of its user base. Its migration from another technology to JBoss Enterprise Portal Platform increased the company's user portal's speed, reliability and ease-of-use. The new solution also allowed the company's developers to create new, user-requested applications at a much faster rate, compiling programs in under one second as opposed to five minutes previously.
Business Process Automation
SK Telecom (www.sktelecom.com), Korea's leading wireless telecommunications services provider, and Helio (www.helio.com), an advanced U.S. mobile service provider, were selected for their use of JBoss Enterprise Application Platform and JBoss jBPM to build and streamline its wireless data portal (WDP). After deploying Red Hat solutions, Helio quickly experienced cost reductions. Operational savings amounted to 50 percent monthly and the company experienced a 90 percent reduction in commercial software and licensing costs.
Rivet Logic (www.rivetlogic.com), a provider of professional services focused on open source solutions, was selected for its use of Alfresco's content management platform in support of the upgrade of Kaplan's online presence from a legacy system to a JBoss-centric solution. Rivet Logic employed JBoss Seam (and Facelets), JBoss Application Server, Hibernate and jBPM to create Kaplan's newly updated www.kaptest.com site. The results include a 26x performance improvement over the legacy content authoring/delivery system, much faster page load times and a "fresher" web presence for Kaplan Test Prep and Admissions.
Return on Investment
Alintec (www.alintec.it) (previously Politecnico Innovazione), a non-profit consortium promoting technological innovation within SMEs and public institutions and technology transfer between academia and industry in Europe, was selected following the high return on investment (ROI) it achieved after the implementation of multiple JBoss technologies within its Internet-based Library Management System (LMS) for the Province of Bergamo. The JBoss-based solution increased library loan rates by more than 25 percent and the frequency of inter-library loans by over 30 percent. Overall, it has positively impacted the end-user experience in terms of speed and ease-of-use.
Service Oriented Architecture
Vivat (www.vivatconsulting.com), a professional services organization focused on Service-Oriented Architecture (SOA) and Enterprise Application Integration, was selected based on its work with US Trust, one of the oldest private banking firms in the U.S. Vivat successfully moved US Trust's main revenue stream, the Client Fee Calculator, from an antiquated legacy system to a new SOA system built on JBoss technologies, including JBoss Rules and JBoss Application Server. The solution is expected to bring in an additional $20 million over the next five years as well as maximize customer profits, thanks to newly transparent and manageable fee rules.
About Red Hat, Inc.
Red Hat, the world’s leading open source solutions provider, is headquartered in Raleigh, NC with over 50 satellite offices spanning the globe. CIOs have ranked Red Hat first for value in Enterprise Software for four consecutive years in the CIO Insight Magazine Vendor Value study. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with applications, management and Services Oriented Architecture (SOA) solutions, including the JBoss Enterprise Middleware Suite. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: http://www.redhat.com.
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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.