Positive financial results continue revealed growing market adoption of open source products.
Open source company Red Hat has released its OpenShift Container Platform 3.3.
The latest version of the platform is designed to support the construction and maintenance of cloud-native and traditional applications and will include enhancements to automation capabilities in the developer lifecycle.
Red Hat says that the latest release, which is built on its Enterprise Linux offering, will offer a single platform delivering Linux container and container orchestration innovation.
Version 3.3 will include an enterprise version of Kubernetes 1.3, and the Docker container runtime, which is built on a foundation of Red Hat Enterprise Linux 7.
Automation features have been added to the application development lifecycle through continuous delivery pipelines that have been based on the Jenkins Pipeline project and an aggregated developer dashboard will show a unified view of application pipelines.
One of the main advancements made in the release is the improved platform scalability. The platform can now support up to 1,000 nodes per computing cluster so that larger scale deployments can be made.
Essentially the enhancements made to this latest release increase the enterprise value of the offering, as shown by improved security measures that have been included. The latest security features will extend to the Docker container runtime, which is integrated with Security Enhanced Linux for additional multi-tenant security, and to OpenShift’s integrated container registry.
Additional registry enhancements have been added to include the ability to view image details and manage access to images.
On the same day of this release the company reported its Q2 financial results for 2017 and showed that it has increased revenue and subscriptions.
Second quarter total revenue stood at $600m, up 19% year-over-year, with Q2 subscription revenue at $531m, up 20% year-over-year. The total deferred revenue balance stands at $1.68bn, up 19% year-over-year.
Jim Whitehurst, President and CEO of Red Hat, said: “We continued to close a record number of deals over $1 million in our second quarter, which are up more than 60% year over year. This further demonstrates our customers’ commitment to Red Hat and the broad demand for our expanding technology portfolio as enterprises embrace digital transformation and the hybrid cloud.”
Subscription revenue from infrastructure-related offerings for Q2 was $427m, an increase of 18% year-over-year, while subscription revenue from application development related and other emerging technologies was $104m for the quarter, up 33% year-over-year.
Net income for the quarter was $59m, compared with $51m in the year-ago quarter.