IDG Contributor Network: Red Hat expected to rake in $2.4 billion in revenue this year

The king of Linux, Red Hat, continues its growth as a leading Linux vendor that’s betting big on the cloud. Yesterday, the company announced financial results for its second quarter of fiscal year 2017 ended August 31, 2016.

The company generated $ 600 million in revenue for the quarter, a 19 percent year-over-year increase. Red Hat is often credited with creating a business model around Linux and Open Source: a subscription based service and support model.

Subscription revenue for the quarter was $ 531 million, which accounts for 89% of total revenue. It was a 20% year-over-year increase. Based on these numbers we can safely assume that Red Hat will be generating revenues around $ 2.415 billion in this fiscal year. That makes Red Hat the most successful pure open source company to date.

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IDG Contributor Network: How new ad hoc networks will organize

Ants figure out details related to the size of their colonies by bumping into fellow ants while they randomly explore. But the ants don’t have to traverse the entire colony to know how many fellow ants they’re living with. The insects can figure it out through the number of nearby encounters they have.

Ad hoc wireless networks could use the same technique, say scientists from MIT. Just like ants learning about population densities help the creatures decide communally whether they need to build a new nest or not, the same could be true for sensors strewn around IoT environments.

+ Also on Network World: Using IoT-enabled microscopes to fight epidemic outbreaks +

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IDG Contributor Network: Dive Into the Salesforce Consulting Partner Program

The Salesforce AppExchange is known to many as the number one application marketplace for businesses, but there is more to it than just apps. The AppExchange also includes the rapidly expanding Salesforce Consulting Partner ecosystem that I covered in my recent post, “The Salesforce ecosystem: A shift on the playing field.”

Today I want to dive deeper into the evolving ecosystem. I reviewed the publicly available information covering roughly 730 consultancy listings on the AppExchange and had informative conversations with the SVP of partner programs at Salesforce, Neeracha Taychakhoonavudh. (All AppExchange information is relevant for May 2016.)

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Computerworld Cloud Computing

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IDG Contributor Network: Dive into the Salesforce Consulting Partner program

The Salesforce AppExchange is known to many as the number one application marketplace for businesses, but there is more to it than just apps. The AppExchange also includes the rapidly expanding Salesforce Consulting Partner ecosystem that I covered in my recent post, “The Salesforce ecosystem: A shift on the playing field.”

Today I want to dive deeper into the evolving ecosystem. I reviewed the publicly available information covering roughly 730 consultancy listings on the AppExchange and had informative conversations with the SVP of partner programs at Salesforce, Neeracha Taychakhoonavudh. (All AppExchange information is relevant for May 2016.)

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Computerworld Cloud Computing


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IDG Contributor Network: IoT security will soon be common in the enterprise, Gartner says

A fifth of all businesses will have deployed IoT-related security by the end of 2017, analyst Gartner thinks.

Dedicated digital security services that are committed to “protecting business initiatives using devices and services in the Internet of Things” will be in place by then, the research and advisory company says.

Gartner made the statement in a press release on its website in relation to a security and risk management summit earlier this month in Mumbai.

‘Reshape IT’

“The IoT redefines security,” Ganesh Ramamoorthy, research vice president at Gartner, said in the press release.

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IDG Contributor Network: 5 myths about data encryption

It’s a heartache, nothing but a heartache. Hits you when it’s too late, hits you when you’re down. It’s a fools’ game, nothing but a fool’s game. Standing in the cold rain, feeling like a clown.

When singer Bonnie Tyler recorded in her distinctive raspy voice “It’s A Heartache” in 1978, you’d think she was an oracle of sorts, predicting the rocky road that encryption would have to travel.

Just a year earlier in 1977 the Encryption Standard (DES) became the federal standard for block symmetric encryption (FIPS 46). But, oh, what a disappointment encryption DES would become. In less than 20 years since its inception, DES would be declared DOA (dead on arrival), impenetrable NOT.

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IDG Contributor Network: Tidemark goes verticals, machine learning and benchmarking

Tidemark delivers enterprise performance management (EPM) software. What that esoteric acronym means is that Tidemark helps organizations take internal data they already have and use it to plan the future steps they will take, but also to assess the historical performance of their organization. Tidemark was founded only a few short years ago (in 2009, to be precise) but has already raised close to $ 120 million from a host of investors over multiple rounds. Tidemark is a good example of a new breed of cloud vendor, those that were born into a world already comfortable with cloud-based enterprise tools such as Salesforce and NetSuite. Because of this fact, Tidemark hasn’t had to invent a category; rather it has the somewhat easier job of delivering an existing product category but in new and beneficial ways.

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IDG Contributor Network: Tidemark goes verticals, machine learning and benchmarking

Tidemark delivers enterprise performance management (EPM) software. What that esoteric acronym means is that Tidemark helps organizations take internal data they already have and use it to plan the future steps they will take, but also to assess the historical performance of their organization. Tidemark was founded only a few short years ago (in 2009, to be precise) but has already raised close to $ 120 million from a host of investors over multiple rounds. Tidemark is a good example of a new breed of cloud vendor, those that were born into a world already comfortable with cloud-based enterprise tools such as Salesforce and NetSuite. Because of this fact, Tidemark hasn’t had to invent a category; rather it has the somewhat easier job of delivering an existing product category but in new and beneficial ways.

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