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Articles for the keywords: open source
28 Mar 2017 Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market [62017]
IBM, March 28th, 2017

Natixis, IBM and Trafigura have pioneered the first blockchain solution in commodity trade finance for US crude oil transactions. The distributed ledger platform, built on the Linux Foundation open source Hyperledger Fabric, allows major steps in a crude oil transaction to be digitized on the blockchain, ensuring improved transparency, enhanced security, and optimized efficiency.

By having the buyer, seller and their respective banks all on the same ledger, all parties can simultaneously view and share data on the status of a transaction, from the time a new trade is confirmed and validated, to when the crude oil is inspected, to its final delivery and cancellation of the letter of credit.
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28 Mar 2017 Red Hat Honors Instructors Who Champion Open Source Education in the U.S. [61989]
Red Hat, March 28th, 2017

-Twenty-one instructors recognized for incorporating open source into their academic work -

Red Hat the world's leading provider of open source solutions, today recognized 21 higher education instructors for their continuing efforts to incorporate open source philosophies, methods, and tools into their academic work.

Open source has become a de facto standard for innovation across the technology industry. Aligned with this, and to help meet the need for computer science and software engineering graduates skilled in open source, a growing number of higher education institutions and instructors are working to bring open source skills and community engagement know-how into their classrooms...
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28 Mar 2017 Google Launches New Site To Showcase Its Open Source Projects And Processes [61944]
TechCrunch, March 28th 2017

"Google is launching a new site today that brings all of the company's open source projects under a single umbrella.

The code of these projects will still live on GitHub and Google's self-hosted git service, of course, with the new site functioning as a central directory for them. While this new project is obviously meant to showcase Google's projects, the company says it also wants to use it to provide 'a look under the hood' of how it 'does' open source..."
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28 Mar 2017 New Supermicro Rack Scale Design Brings Open Management for On-Demand Cloud Scale Data Centers [62023]
Supermicro, March 28th, 2017

Super Micro Computer, Inc. announced a new Rack Scale Design (RSD) solution that empowers cloud service providers, telecoms, and Fortune 500 companies to build their own agile, efficient, software-defined data centers. Supermicro RSD is a total solution comprised of Supermicro server/storage/networking hardware and an optimized rack level management software that represents a superset of the open source RSD software framework from Intel and industry standard Redfish RESTful APIs developed by DMTF (Distributed Management Task Force).

Supermicro RSD solves the hardware management and resource utilization challenges of data centers, large or small, often with tens of thousands of servers distributed in hundreds of racks using traditional 1-to-1 server management tool IPMI (Intelligent Platform Management Interface). Designed with the whole rack as the new management unit in mind, Supermicro RSD leverages open Redfish APIs to support composable infrastructure and enable interoperability among potential RSD offerings from different vendors. With industry standard Redfish APIs, Supermicro RSD can be further integrated into data center automation software such as Ansible, Puppet or private cloud software such as OpenStack or VMware.
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27 Mar 2017 Red Hat Reports Fourth Quarter and Fiscal Year 2017 Results [61991]
Red Hat, March 27th 2017

Red Hat, Inc. (NYSE: RHT), the world's leading provider of open source solutions, announced financial results for its fiscal fourth quarter and fiscal year ended February 28, 2017.

  • Fourth quarter total revenue of $629 million, up 16% year-over-year; full fiscal year total revenue of $2.4 billion, up 18% year-over-year

  • Fourth quarter subscription revenue of $560 million, up 17% year-over-year; full fiscal year subscription revenue of $2.1 billion, up 18% year-over-year

  • Fourth quarter Application development-related and other emerging technology subscription revenue of $125 million, up 40% year-over-year; full fiscal year Application development-related and other emerging technology subscription revenue of $439 million, up 36% year-over-year

  • Year-end deferred revenue balance of $2.1 billion, up 20% year-over-year

"We closed the year with an exceptional performance..." stated Jim Whitehurst.
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