Friday Five — July 3, 2015

If you weren't able to attend the 2015 Red Hat Summit, or you want to relive the experience, check out these post-Summit resources, where you'll find presentation slides, videos, blog posts, keynote recordings, media interviews, and photos from the event. You can also sign up for updates for the 2016 Red Hat Summit, coming to San Francisco during June 28-July 1, 2016.

Red Hat reported results for the first quarter of fiscal 2016, exceeding both its own guidance and analyst estimates across the board... In the first quarter, Red Hat's revenue rose 14% year over year, or 22% excluding the effects of currency exchange headwinds. At $481 million, this result was head-and-shoulders above Wall Street's $473 million consensus... Red Hat announced that former Cisco Systems CFO Frank Calderoni is taking the same title at Red Hat... With this top-shelf name behind the financial controls, Whitehurst reiterated his soaring long-term goals. "We are thrilled to have Frank join Red Hat and help lead the next phase of our growth as we look to go from revenues approaching $2 billion to $10 billion and beyond."

OpenShift is not only revolutionizing the PaaS space, but it's also embracing the entire philosophy of DevOps by creating tools and advancing technologies that simplify the lives of operations professionals... "We are trying to build out solutions that make it easy for both developers and operators to run these types of applications," said Clayton Coleman, a lead engineer with OpenShift at Red Hat... There is a reason people who are passionate about DevOps are equally passionate about OpenShift. The OpenShift PaaS quite simply makes it incredibly easy for software developers to get new projects started quickly, which means starting development early. Similarly, OpenShift tools make it simple to roll out changes to hundreds, if not thousands of applications at the same time, with little to no interruption of the development process. And application lifecycle management is greatly simplified when the platform of choice is OpenShift.

Jim Whitehurst, Red Hat CEO, and Frank Calderoni, Red Hat's new CFO, talk to Jim Cramer about Red Hat's current success and growth prospects. Whitehurst describes how the majority of banks' trading platforms, as well as the NYSE, run on the Red Hat operating system because of its military-grade security standards. Calderoni speaks about Red Hat's ability to help organizations move to the cloud, and how Red Hat is one of the few software companies that offers a complete IT stack - operating system, management, storage, and middleware.

Military analysts call the USS Zumwalt the next-generation of vessel for head-to-head enemy combat. In press briefings, the US Navy revealed something else about the warship — that it runs Red Hat Enterprise Linux. The use of Linux in the most demanding security scenario is proof of how trusted the operating system has become. Advocates have long claimed the open source nature of the code brings significant security advantages over closed-code rivals. Open source means there are no hidden nasties and no secret backdoors to worry about. Security protocols can be examined by anyone who wants to take a look. There is complete transparency. Perhaps the most significant thing about the USS Zumwalt deployment is that it is using completely standard Linux. It's not a special version or limited edition. The Navy is using the same version found in enterprises from Fortune 500 companies through to startups.