Award spotlights Red Hat's strong distribution partnerships
RALEIGH, N.C.--(BUSINESS WIRE)--
Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source
solutions, today announced that the Global Technology Distribution
Council (GTDC) has awarded them with one of the technology industry's
most reputable honors — a United States "Rising Star" award. This is the
fourth consecutive year Red Hat has been honored, a distinction enjoyed
by no other company to date. The GTDC Rising Star awards recognize
technology companies for exceptional regional sales growth over the past
year through their distribution partners. GTDC members include many of
the world's most successful technology distributors, driving more than
$100 billion in product sales across the globe.
Red Hat received the organization's U.S. Bronze Rising Star in the
category for software revenue of at least $20 million. Red Hat was among
only 12 overall U.S. winners chosen from hundreds of manufacturers and
publishers who rely on distributors to meet the product and service
requirements of technology solution providers nationwide. The GTDC's 7th
U.S. Rising Star awards were presented in early September in Newport
Beach, Calif. The GTDC's U.S. Gold, Silver and Bronze Rising Star
winners were selected based on year-over-year sales growth rates within
the NPD
Group's Distributor Track®.
"Red Hat is focused on creating an ecosystem of partners, communities,
and customers that through collaboration, creates more relevant and
innovative technologies that enterprises can use to meet current and
future IT demands," said Mark Enzweiler, vice president of Global
Channel Sales, Red Hat. "We're honored to be recognized by GTDC for the
fourth consecutive year and will continue to improve and increase our
channel investments to provide our partners with the tools and resources
they need to satisfy and meet their customer needs."
"Red Hat consistently stands out for generating strong growth through
distribution," said GTDC CEO Tim Curran. "It's impressive to see tech
channel success at the rate Red Hat has driven with their distribution
partners — not just over the past year but also over the past several
years."
GTDC is a worldwide industry association dedicated to defining and
promoting the role of wholesale distribution in a successful and healthy
information technology channel. The Council is comprised of the computer
industry's top wholesale distributors dedicated to serving "the
channel," a network of skilled value-added resellers and retail stores
focused on providing hardware, software, and services to businesses and
consumers around the globe.
Rising Star Awards Methodology
Sales results for U.S. Rising Star award winners are based on regional
sales growth over the past year, as reported by industry research
organization The NPD Group using its Distributor
Track® service. Available by subscription, the Distributor Track
aggregates actual distributor sell-through data to enable sharp insight
into channel sales and pricing trends with the ability to drill down
into specific product subcategories, including detailed attributes based
on specific areas of interest. To be eligible for a Rising Star award,
companies are required to have sold corresponding products through
technology distributors for a minimum of one year.
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About Red Hat, Inc.
Red Hat is the world's leading provider of open source software
solutions, using a community-powered approach to reliable and
high-performing cloud, Linux, middleware, storage and virtualization
technologies. Red Hat also offers award-winning support, training, and
consulting services. As the connective hub in a global network of
enterprises, partners, and open source communities, Red Hat helps create
relevant, innovative technologies that liberate resources for growth and
prepare customers for the future of IT. Learn more at http://www.redhat.com.
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Red Hat, Inc.
Emily Stancil, 919-301-3010
Source: Red Hat, Inc.
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