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It's far from easy selling enterprise software today. But some companies are finding ways to grow. Just look at Red Hat (NYSE: RHT), which is a leader in open source solutions.

The company's applications, which help to reduce costs and increase productivity, have shown lots of resilience during the recession. For example, according to Red Hat's latest earnings report, the top 25 deals that were up for renewal got renewed. Actually, theses customers increased the commitments by 120%.

Continue reading Red Hat sees green in the latest quarter

Red Hat sees green in the latest quarter originally appeared on BloggingStocks on Thu, 25 Jun 2009 13:00:00 EST. Please see our terms for use of feeds.

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