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Red Hat Adds Kryptos to Partner Ecosystem, to Accelerate Open Source Adoption in India

Jul 13, 2015   16:00 IST 
New Delhi, Delhi, India

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, today announced a channel collaboration with Kryptos Networks India Pvt. Ltd., a fast growing distributor and aggregator of subscription licensing models from the world’s leading service providers. By joining Red Hat’s partner ecosystem, Kryptos will provide a gateway to cloud managed service providers, hosting providers and system integrators that offer Red Hat Solutions.

 

Rajesh Rege, Managing Director, Red Hat India said, “As customers in India look for new and innovative sourcing models in the IT industry, we expect to see the public cloud services market expand, particularly in the open source arena. We look forward to working closely with Kryptos Networks India to help drive open source adoption in the cloud and managed service sector in India as well as supporting the company via our established and experienced partners.”

 

Head quartered in Chennai, Kryptos Networks India supports IT service providers looking to move to the cloud. With more than 300 partners spanning telecommunications providers, data centers, cloud, managed services and hosting providers, Kryptos plays a key role as an aggregator for many major products, and is well-known for pay-as-you-go, on demand computing within India.

 

Prasanna Kumar, CEO & Managing Director, Kryptos Networks India Pvt. Ltd. said, “In order to offer the right solutions to customers, cloud and managed service partners require ongoing product and technical enablement. Strong vendor support and best practices are required, as many of these businesses are service level agreement (SLA)-driven. We are excited to partner with Red Hat to help enterprise IT customers, ISVs and partners build competencies on enterprise open source solutions, in turn helping them optimize business operations.”

According to Gartner, the public cloud services market in India will reach US$838 million in 2015, and is expected to more than double to US$1.9 billion in 2018.[1] The growth of the cloud services market in India reflects the demand for new sourcing models, as an alternative to traditional Information Technology Outsourcing (ITO) offerings. Through this collaboration, Red Hat will gain access to the large network of cloud and service providers who use Kryptos Networks, which in turn can enhance Red Hat’s reach into the flourishing Indian IT market.

 

“Through this collaboration, customers can potentially see lowered capital expenditures, leading to innovation with fewer risks, and enhanced time-to-market with new solution offerings”, Rajesh further added.

 

Red Hat's Certified Cloud and Solution Provider designation is awarded to Red Hat partners following validation by Red Hat. Each provider must meet testing and certification requirements to demonstrate that they can deliver a safe, scalable, supported and consistent environment for enterprise cloud deployments. The Red Hat Certified Cloud and Solution Provider program provides customers, ISVs (Independent Software Vendors), and partners with the confidence that Red Hat product experts have validated the solution so that implementations can begin with a solid foundation.

 

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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 a connective hubina 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 http://www.redhat.com.

 

Forward-Looking Statements

Certain statements contained in this press release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: risks related to the ability of the Company to compete effectively; the ability to deliver and stimulate demand for new products and technological innovations on a timely basis; delays or reductions in information technology spending; the effects of industry consolidation;  the integration of acquisitions and the ability to market successfully acquired technologies and products; uncertainty and adverse results in litigation and related settlements; the inability to adequately protect Company intellectual property and the potential for infringement or breach of license claims of or relating to third party intellectual property;  risks related to data and information security vulnerabilities; ineffective management of, and control over, the Company's growth and international operations; fluctuations in exchange rates; and changes in and a dependence on key personnel, as well as other factors contained in our most recent Annual Report on Form 10-K (copies of which may be accessed through the Securities and Exchange Commission's website at http://www.sec.gov), including those found therein under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations". In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic and political conditions, governmental and public policy changes and the impact of natural disasters such as earthquakes and floods. The forward-looking statements included in this press release represent the Company's views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company's views as of any date subsequent to the date of this press release.

 

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