Waters Rankings 2022: Best cloud infrastructure provider—Red Hat
Overview
Red Hat delivers open hybrid cloud platforms for consistent management, portability, scale and security of workloads across bare-metal, virtual, edge-based, private and multiple public cloud environments. Red Hat’s Linux- and Kubernetes-based platforms use containers to modernize existing and cloud-native applications to help businesses improve speed, agility and scalability.
“The engagement with Red Hat is fundamental to our ongoing modernization efforts. From making a business case for moving to [the] cloud to ongoing migration, Red Hat has been invested in helping us plan and execute this project. We can innovate, fail fast, embrace new technologies, and find our own way in this new era of banking.”
Dani Sela, tech transformation lead, Poalim Bank
The Solution
Red Hat helps organizations balance cloud-native flexibility and agility with control and oversight of computing and data. Businesses can deliver new experiences to customers faster, improve operational resilience and focus on innovation with Red Hat platforms providing a consistent way to manage, scale and secure applications interoperably across clouds.
Secret Sauce
All commercial banks in the Fortune Global 500 rely on Red Hat’s enterprise open source for faster innovation supported by lifecycle management and a trusted software supply chain. In financial services, 98% of IT decision-makers use enterprise open source, citing security as the top benefit, flexibility the top advantage, and digital transformation the top use-case.
Recent Milestones
Red Hat brings new features to customers regularly by harnessing the rapid innovation of global open source communities. In the last year, Red Hat launched advancements to its hybrid cloud portfolio, including managed cloud services to help organizations develop cloud-native apps through collaboration with hyperscalers in areas such as data science and API management.
“We are honored to be recognized by WatersTechnology’s readers as the best cloud infrastructure provider in this year’s Waters Rankings. We aim to help financial services firms harness hybrid cloud technology and an open, collaborative culture to modernize and innovate at their own pace, while reducing risk, driving efficiencies, and achieving strategic growth.”
Richard Harmon, vice president, global financial services industry, Red Hat
Future Objectives
Red Hat continues to drive software development according to financial services industry requirements and regulations. It works closely with an extensive ecosystem of partners to offer flexible financial services solutions to help customers deliver innovative digital experiences, improve operational resilience, monetize data, and modernize applications.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025: The Sandra Villena Unsung Heroine Award—Louise Hopkins, Moody’s
Louise Hopkins, product director on the customer experience and innovation team at Moody’s, wins the Sandra Villena Unsung Heroine Award in the 2025 Women in Technology and Data Awards.
Women in Technology & Data Awards 2025 winner’s interview: Kaja Zupanc (Duco)
Kaja Zupanc won the Data science professional of the year (vendor) category in the 2025 Witad Awards.
Witad Awards 2025: Risk professional of the year—Anne Leslie, IBM Cloud
Anne Leslie, cloud risk and controls leader for EMEA at IBM, wins risk professional of the year in the 2025 Women in Technology and Data Awards.
Women in Technology & Data Awards 2025 winner’s interview: Maureen Downs (Connamara Technologies)
Interview with Connamara Technologies co-founder, Maureen Downs.
Buy-Side Technology Awards 2024 winner’s interview: FactSet
Video discussion on FactSet’s trio of wins in the 2024 BST Awards
Witad Awards 2025: Vendor professional of the year (business development)—Ripple Bhullar, Kyndryl
Ripple Bhullar, vice president, head of US capital markets and diversified, at Kyndryl, wins vendor professional of the year (business development) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology leader of the year (vendor)—Mary Cecola, Broadridge Financial Solutions
Mary Cecola, CTO for asset management at Broadridge Financial Solutions, wins technology leader of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Trailblazer (Lifetime achievement) award (vendor)—Maureen Downs, Connamara Technologies
Maureen Downs, co-founder and chair of Connamara Technologies, wins the Trailblazer (Lifetime achievement) award (vendor) in the 2025 Women in Technology and Data Awards.