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Red Hat bullish on open source adoption in India

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Red Hat India Forum

Red Hat has concluded India series of ‘Red Hat Forum’ conferences. Held in Mumbai, New Delhi and Bengaluru, the three-day summit brought a footfall of more than 1,500 attendees and pushed the company’s direct customer reach to over 2,300 customers.

“India is a land of developers,” said Rajesh Rege, managing director, Red Hat India, while addressing the media at a roundtable in New Delhi. Rege accompanied by Sarangan Rangachari, vice president and general manager of storage and big data business unit, Red Hat.

Both the executives emphasised the growth of Red Hat in the Indian market. “We are bullish on open source adoption. Open source is already embraced widely across India,” Rege told the reporters.

The Red Hat Forum trio was convoyed under the theme “Power of Participation” to bring enterprises and corporates together under one roof. Companies like Dell EMC, Lenovo and Microsoft participated in the conference with their native offerings to support the growth of open source in the country. Also, some major system integrators attended the event to learn more about open source and its applications.

When asked about the importance of the open source policy for a company like Red Hat, Rege responded that the government’s “steps are in the right direction” and would result in the expansion of open source community as a whole.

Geographical expansion in plans

Raleigh-headquartered Red Hat is set to leverage its India success to enable geographical expansion over distribution expansion. Rege revealed that his company is planning to reach Nepal, Sri Lanka and Bangladesh in the coming future.

In the second quarter of its fiscal year 2017, Red Hat generated $600 million of total revenue that marked 19 percent growth year-over-year. Subscription revenue for the quarter stood at $531, up 20 percent year-over-year and was 89 percent of total revenue.