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- Red Hat helping IBM beat expectations 👊
Red Hat helping IBM beat expectations 👊
And also: Hybrid cloud preference is trending over Public 📈, Intel and HashiCorp collaboration 🤝, Datadog extends the platform 🪴
This is the Cloudly Update. Helping you stay above the Clouds.
Today we bring you:
- IBM beats market expectations thanks to Red Hat
- Hybrid cloud preference is trending over Public
- Intel and HashiCorp collaboration
- Datadog extends platform
- CloudSpend, cloud cost management platform for Microsoft Azure
- Oracle’s new data lakehouse and Alloy infrastructure platform
IBM reported Q3 solid results beating Wall Street analysts’ expectations, and a vital role in that is Raleigh-based Red Hat and its cloud technology.
IBM acquired Red Hat for $34 billion three years ago and said an undisclosed number of Red Hat employees would move to IBM as part of a consolidation.
IBM’s platform based on Red Hat allows its clients to consume software driven by open-source innovation.
Red Hat's revenue grew 18%, and its performance was fuelled by market share gains across RHEL [Red Hat Enterprise Linux], OpenShift, and Ansible. Their automation revenue grew by 3%. Quarterly performance reflects their continued adoption in areas like AIOps, management, and integration.
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60% of organizations have a hybrid cloud strategy, which underlines the decreasing appetite for public cloud as more businesses opt for the convenience and flexibility of hybrid.
The choice of the cloud approach is a workload-dependent decision. There are applications and workloads perfectly suited to a cloud or SaaS approach. Still, the time, risk, and cost associated with refactoring and migrating legacy workloads are often barriers to successful cloud adoption. And creates an appetite for a hybrid cloud.
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Intel announced a new collaboration with HashiCorp to help customers optimize their cloud workloads' cost, performance, and security.
HashiCorp provides open-source and commercial products and runs cloud-computing infrastructure through automation. Its Terraform is an infrastructure as a code software tool.
HashiCorp will leverage Intel Xeon processors by creating a library of Intel recommendations using policy as code (PaC) to influence the developer experience at the point of consumption.
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Datadog announced it is extending the reach of its cloud-delivered monitoring and observability platform to address continuous testing, application security, and cost management. The platform will reduce the integration effort of DevOps teams when deploying different point products to address monitoring, observability, safety, and cost management issues which will, in turn, reduce the total cost of DevOps.
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ManageEngine, a division of Zoho Corporation, revealed CloudSpend, a cloud observability and cost optimization platform for Microsoft Azure.
It addresses the gap between capacity planning and cost optimization for resources running in multi-cloud environments.
It has features like chargebacks, defining budgets, forecasting, nine types of system-generated tags to slice expenditures, and IT automation. It can be viewed in currencies from 25 different geographic locations.
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Oracle released several updates in the annual CloudWorld event in Las Vegas.
Oracle announced a new addition, Oracle Alloy, hardware and software platform that creates a version of Oracle’s public cloud platform in on-premises data centers.
Oracle announced public cloud enhancements like easier recovery, easy transfer of data, addressing outages, and faster launch of new cloud-based containers.
MySQL HeatWave Lakehouse debuted, designed to support enterprise analytics projects and speed up queries and everyday data management tasks faster than competing products.
The flagship upgrade in the release was a capability called JSON Relational Duality, popular among developers for relatively easy-to-use operations.
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