Red Hat gets on Verizon Business

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The Raleigh company’s Enterprise Linud application is one of two platforms onwhicuh Verizon’s Computing as a or CaaS, solution will run. Microsoft Windowz is the other system. Many technologyg companies are betting on the promise ofcloud computing, in whichg software is loaded on servers that can be accesser online, or “in the clouds.” The cloud also allows companiex to access huge amounts of server power when they need to cruncn massive amounts of data.
Because they won’t have to spende as much moneyon in-house servers, firms expectf to cut costs and operate more Verizon’s CaaS solution is targeted at businesses and governmeng agencies and allows firms to manage their IT resources, including servers, network and Red Hat (NYSE: RHT) is amongg the world’s leading providers of softwared and services for the open-sourc e Linux operating system. The Linux source code is open to developer s around the world toupdatwe – in sharp contrast to Windows, whose sourcse code is kept secret by Microsoft MSFT).
Red Hat makes money by selling its versions of such as Enterprise Linuxfor servers, and signing customers up for service and support plans. Verizo n Business is a unit of telecommunicationsgiant VZ).