12-month sales growth: 22.6%
Innovation premium: 58.1%
Red Hat is a US open sourced software company that defines itself thus: “Red Hat is more than a software company. We’re the bridge between the communities that create open source software and the enterprise customers who use it.”
This collaborative ethos is demonstrated by its sponsorship of the Fedora Project, an open-source project which promotes the development by open source software, and its annual innovation awards, which it doles out to those in the open source community.
As the company states on its site: “In the early days of open source software, few imagined that Red Hat would one day shake the industry giants. But we did.”
“With a vision to expand open source software development, Red Hat sought to ‘partner with the world’ to create low-cost, high-value enterprise-class solutions.”
