As cloud compute becomes the standard for application development in the age of digital transformation, enterprises are searching for faster, more cost-efficient ways to scale migration and deployment efforts.  Legacy open-source platform Red Hat is leveraging new tools and its famously collaborative culture to provide streamlined solutions for customers, all while striving to maintain its well-regarded market position.

How does Red Hat Inc. plan to differentiate from competitors and serve the expanding needs of a growing customer base as the market turns increasingly to open-source solutions for the cloud?

Looking to answer these and other questions, SiliconANGLE is at Red Hat Summit 2018, currently underway in San Francisco, California, with exclusive commentary and interviews from our roving news desk, theCUBE, from Tuesday, May 8, to Thursday, May 10. (* Disclosure below.)

At Red Hat Summit 2018, theCUBE will explore Red Hat’s impact on a rapidly expanding virtual market. By 2022, an estimated 70 percent of in-house applications will be developed with an open-source system, and the global market for open-source services is expected to reach $32.95 billion.

Red Hat was early to provide open-source and Kubernetes simplicity to customers, but the prevalence of cloud and demands for faster migration have pushed prominent cloud infrastructure providers to develop integrated solutions on their own platforms.

In February, Dell majority-owned Pivotal Software Inc. and VMware Inc. announced the availability of their Kubernetes-based Pivotal Container Service (PKS), designed to simplify container creation and bundle software applications to enable multicloud deployment.

Microsoft also expanded offerings over the past few months through new tools like Azure Container Instances for easier container management, Microsoft Azure Databricks for improved data processing, and an expansion of its Azure Database Services that gives customers greater access to a managed cloud host for open-source databases.

Just last month Amazon Web Services Inc. announced general availability of its “internet of things” data processing service AWS IoT Analytics, further expanding the utility of the comprehensive platform for customers looking for an all-in-one solution.

Despite some attractive alternatives from its competitors, Red Hat provides a unique value to the market through its diverse product line developed to support a range of hardware and cloud architectures.

Stu Miniman, an analyst with Wikibon (owned by the same company as SiliconANGLE), calls Red Hat “one of the most reliable tech companies” in today’s era. “Red Hat is an industry example of how to collaborate in open source for the enterprise. … There are open-source companies providing services at every level of the stack, but not to the scale of Red Hat,” he said.

In keeping with a reputation of thorough customer support and a goal of reaching $5 billion in revenue, Red Hat has been expanding its offerings widely throughout the year. The company’s cloud positioning was stimulated by its acquisition of Kubernetes-centric startup CoreOS Inc. in January, a move intended to enhance its flagship OpenShift software. The transition was followed by an upgrade of deployment system Red Hat Decision Manager 7, enhanced integrations with Microsoft and overall platform improvements through its Red Hat Enterprise Linux 7.5 release, and the launch of Red Hat Storage One, a solution created to provide customers the flexibility of software-defined storage with the ease of hardware-optimized systems.

This course seems to be a lucrative one for Red Hat. The company recently reported revenue for fiscal 2018 at $2.9 billion, up 21 percent from 2017, and projects 2019 to reach between $3.425 billion to $3.460 billion in earnings. While subscription revenue grew steadily, applications technologies surpassed the traditional offerings with a 39-percent revenue increase over the year.

“Red Hat gives guidance on expected revenue and nails it. … We all know how much change is going on in the industry, so what they’re doing is really impressive,” Miniman said.

As cloud demands drive new business, Red Hat is working to mitigate risk and optimize streamlined migrations in the virtual space. How it plans to continue this growth path and innovate into the future will all be explored at Red Hat Summit 2018.

Speakers at Red Hat Summit 2018 include Jim Whitehurst, president and chief executive officer, Red Hat; Furqan Huda, senior director, enterprise DevOps, Hilton; Erica Kochi, co-founder, UNICEF Innovation, United Nations Children’s Fund; Cassie Kozyrkov, chief decision scientist, Google Cloud; Mike Arterbury, vice president, Dell EMC; Marco Bill-Peter, vice president, customer experience and engagement, Red Hat; Paul Cormier, executive vice president and president, products and technologies, Red Hat; Matt Hicks, senior vice president of engineering, Red Hat; Arvind Krishna, senior vice president of hybrid cloud, and director of IBM Research, IBM; Parvesh Sethi, senior vice president and general manager, HPE Pointnext Service, HPE; Kim Stevenson, senior vice president and general manager, Data Center Infrastructure Group, Lenovo; and Chris Wright, vice president and chief technology officer, Red Hat.

How to watch theCUBE interviews

We offer you various ways to watch all of theCUBE interviews that will be taking place at Red Hat Summit 2018, including theCUBE’s dedicated website and YouTube. You can also get all the coverage from this year’s event on SiliconANGLE.

TheCUBE’s dedicated website and Ustream

All of theCUBE’s exclusive interviews from Red Hat Summit 2018 will be available on theCUBE’s dedicated website. TheCUBE coverage will start on May 8 at 10:00 a.m. PT and end on May 10 at 5:30 p.m. PT.

You can also watch all the interviews on the dedicated Ustream channel.

Watch on the SiliconANGLE YouTube channel

All of theCUBE interviews from Red Hat Summit 2018, which runs until May 10, will also be loaded onto SiliconANGLE’s dedicated YouTube channel.

Cubecasts

SiliconANGLE also has podcasts available of archived interview sessions, available on both SoundCloud and iTunes, which you can enjoy while on the go.

Guests who will be interviewed on theCUBE at Red Hat Summit 2018

Guests who will be interviewed on theCUBE include Red Hat Summit 2018 speakers Jim Whitehurst; Mike Arterbury; Marco Bill-Peter; Paul Cormier; Matt Hicks; Erica Kochi; Arvind Krishna; Parvesh Sethi; Kim Stevenson; Chris Wright; Delisa Alexander, executive vice president and chief people officer, Red Hat; and Sara Chipps, chief technology officer, JewelBots.

Other guests include Ashesh Badani, vice president and general manager, OpenShift platform and containers, Red Hat; Alex Polvi, chief executive officer, CoreOS; Denise Dumas, vice president, software engineering, operating system, Red Hat; Johnathan Donaldson, technical director, Google Cloud; Mike Ferris, vice president technical business development and business architecture, Red Hat; Jennifer Cloer, founder, reTHINKit PR and executive producer, the Chasing Grace Project; Radhesh Balakrishnan, general manager, OpenStack, Red Hat; and Ranga Rangachari, vice president and general manager, storage, Red Hat.

Livestream of Red Hat Summit 2018

If you are unable to attend Red Hat Summit 2018 in San Francisco, you can still catch a livestream of the keynotes from the comfort of your home or office.

You can watch the keynotes on the official event page.

(* Disclosure: TheCUBE is a paid media partner for Red Hat Summit. Neither Red Hat Inc., the event sponsor, nor other sponsors have editorial control over content on theCUBE or SiliconANGLE.)

Image: SiliconANGLE