The Perfect Hybrid Cloud for IBMHAT

IBM's acquisition of Red Hat in 2018 marked a significant move in the technology sector, as Red Hat was a pioneer in the open-source business model, significantly impacting the industry's landscape by promoting openness and innovation. Red Hat's influence is evident in its substantial contributions to Linux and leadership in projects like Kubernetes and OpenStack. The merger intended to leverage both companies' strengths to capitalize on the growing hybrid cloud market, expected to reach nearly $100 billion by 2023, by offering flexible, non-lock-in solutions that integrate seamlessly with existing cloud services. IBM and Red Hat's combined assets, such as OpenShift and IBM Cloud Private, aim to provide a competitive edge through a comprehensive service offering that matches the convenience and cost-effectiveness of public cloud vendors, while maintaining customer choice and flexibility. This strategic alignment underscores the potential for hybrid cloud solutions to offer better financial margins compared to solely using public cloud services, as demonstrated by companies like Dropbox. The success of this endeavor depends on providing a unified and straightforward user experience with out-of-the-box solutions, positioning IBMHAT to capture market share in this evolving landscape.