Waters Rankings 2022: Best cloud infrastructure provider—Red Hat

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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.

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