Growing Opportunity Adopts Red Hat Enterprise Virtualization for Its Mission-Critical Applications

Leading Indian Micro-Finance Organization Reduces Total Cost of Ownership by 50% with Red Hat Enterprise Virtualization on Red Hat Enterprise Linux

RALEIGH, N.C -

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced that Growing Opportunity, a micro-finance organization in India dedicated to helping the working poor escape poverty, has deployed its mission-critical applications, including its portfolio management application and mail server, on Red Hat Enterprise Virtualization and Red Hat Enterprise Linux. With this combination of Red Hat solutions, Growing Opportunity has reduced the total cost of ownership of its IT infrastructure by fifty percent and has achieved expanded performance and scalability for its systems.

Growing Opportunity turned to virtualization to help it scale its IT infrastructure to meet business growth. "In the next year, we want to reach 150,000 clients and take our employee count to 500," said Immanuel Jeyaraj, head of IT at Growing Opportunity. "Previously, our IT environment was not as stable and scalable as our business needs demanded, so we decided to revamp the infrastructure using virtualization."

The company evaluated several virtualization solutions, including those from Red Hat, Microsoft and VMware. "We ruled out VMware vSphere and Microsoft Hyper-V because of the lack of features and flexibility we were looking for and because we wanted a more affordable solution," said Jeyaraj. "We were impressed by the capabilities of Red Hat Enterprise Virtualization, such as live migration and system scheduling, and the solution met our flexibility, scalability, cost, performance and security needs."

Growing Opportunity additionally selected Red Hat Enterprise Linux as the combination of the Red Hat virtualization and operating system solutions would together deliver extended security, performance and ecosystem benefits for its infrastructure.

"Red Hat Enterprise Virtualization not only improved our operational efficiency, reduced hardware and power costs by fifty percent, simplified management and improved server utilization, but it has also made our business more agile to rapidly respond to changing business needs and has helped us to build what we believe is the right infrastructure platform for Growing Opportunity's future," said Jeyaraj.

To read the full Growing Opportunity case study, visit www.customers.redhat.com.

For more information about Red Hat Enterprise Virtualization, visit www.redhat.com/rhev.

For more news about Red Hat, visit www.redhat.com. For more news, more often, visit press.redhat.com.

About Red Hat, Inc.

Red Hat, the world's leading provider of open source solutions and an S&P 500 company, is headquartered in Raleigh, NC with over 65 offices spanning the globe. CIOs ranked Red Hat as one of the top vendors delivering value in Enterprise Software for six consecutive years in the CIO Insight Magazine Vendor Value survey. Red Hat provides high-quality, affordable technology with its operating system platform, Red Hat Enterprise Linux, together with virtualization, applications, management and Services Oriented Architecture (SOA) solutions, including Red Hat Enterprise Virtualization and JBoss Enterprise Middleware. Red Hat also offers support, training and consulting services to its customers worldwide. Learn more: 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 integration of acquisitions and the ability to market successfully acquired technologies and products; the ability of the Company to effectively compete; 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; uncertainty and adverse results in litigation and related settlements, 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 conditions, and governmental and public policy changes. 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 the press release.

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  • About Red Hat
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  • 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.