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Red Hat, Inc. at Morgan Stanley Cloud Computing Symposium Transcript

Published May 28, 2009

12 pages (6989 words) — Published May 28, 2009

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Abstract:

Final Transcript of RHT presentation, 28-May-09 8:30am ET

Brief Excerpt:

...Adam Holt - Morgan Stanley - Analyst Good morning, everyone. My name is Adam Holt. I'm a software analyst at Morgan Stanley and very happy to start off our Cloud Computing Symposium this morning with Brian Stevens, who is the Chief Technology Officer at Red Hat. Brian is a long-time expert in Linux virtualization and distributed computing technologies and will be starting off our conference. Brian, why don't you come on up? Thanks for coming. So what we're going to do, and this will be the format that we try and use for most of the -- at least the presentations that I'm going to do, is Brian is going to start with about five to 10 minutes of prepared comments about what exactly Red Hat is doing with respect to not only how they define the cloud computing opportunity, but how their technology, product, and positioning has changed to better take advantage of those opportunities. Then I'm going to ask a few questions. And we really will make this interactive, so I'm going to make leave as...

Report Type:

Transcript

Source:

Thomson StreetEvents

Company:

Red Hat, Inc.

Ticker

RHT

Time

8:30am ET

Format:

PDF

The following is excerpted from the question-and-answer section of the transcript. (Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session) Question: Adam Holt - Morgan Stanley - Analyst: Why don't I start with a relatively sort of fundamental question -- yes, softball -- which is to the first point that you made. Which is, if you look at the current public clouds, there is sort of a disproportionate amount of Linux penetration, Red Hat penetration under some of those clouds. Why do you think that is? Is it structural? Does it have to do with the breadth of product? Is it germane to the open-source development framework? Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: The competitive landscape is changing rapidly. You have a number of large competitors that would like to have some of the similar share that you do. I guess I will ask two questions on that front. Number one is, where do you see the sustainable advantage over time with Red Hat? Secondarily, maybe comment on the Oracle acquisition of Sun. To the extent that there is another open-source solution out there that may have been undercapitalized upon, how does that change your view of the landscape going forward? Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: Letmeaskanothermoreproduct-drivenquestion.Youallobviouslyhavemostofyourrevenuetodaycomingfromtheoperating systemandrelatedcapabilities.Butyou'vealsoveryrecentlyannouncedanewvirtualizationstrategywithsomenewvirtualization capabilities, a Linux-based, hypervisor. Can you talk about how you see your product portfolio evolving and how you think about the tension between being a virtualization vendor as well as an operating system? Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: I've got a few more questions, but I will sort of lace those in. Why don't I start to open up the floor? Start with Katie. www.streetevents.com Contact Us 6 ¬ 2009 Thomson Financial. Republished with permission. No part of this publication may be reproduced or transmitted in any form or by any means without the prior written consent of Thomson Financial. Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: Back there on the right? Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: Questions? I'll turn to two sort of related questions. How do you define a data center operating system? This is a concept that we are hearing more and more about, and people are starting to talk about. What is your definition of a data center operating system? Then I guess the related question is, going back to your commentary about the importance of KVM, to the extent that that is the future of cloud-computing infrastructure how does that impact your existing operating system business? Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering Question: Adam Holt - Morgan Stanley - Analyst: Terrific. Well, we're just about out of time. Thank you very much for coming. Answer By: Brian Stevens - Red Hat, Inc. - CTO, VP Engineering

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Adam Holt - Morgan Stanley - Analyst: Why don't I start with a relatively sort of fundamental question -- yes, softball -- which is to the first point that you made. Which is, if you look at the current public clouds, there is sort of a disproportionate amount of Linux penetration, Red Hat penetration under some of those clouds. Why do you think that is? Is it structural? Does it have to do with the breadth of product? Is it germane to the open-source development framework?