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The Red Hat PaaS to the Future

VANCOUVER. Red Hat CEO, Jim Whitehurst is a man on a mission. His mission is to grow Red Hat to a billion dollars in revenue and beyond. Part of Red Hat's future growth comes from the emerging area of platform-as-a-service (PaaS) and infrastructure-as-a-service (IaaS).

Those efforts are part of Red Hat's overall cloud initiatives, an area Whitehurst is hoping to grow.

"We've set up cloud as a separate business unit, but realistically it's about getting commercial focus around a set of workloads," Whitehurst said. "The cloud itself is cloudy, but in general it's a way people are running and deploying our existing software so it's almost an overlay of what we are already doin

Read the full story at ServerWatch:
Red Hat CEO: We Won't Make Money From PaaS for Years