Bits about @RedHat from @IBM's earnings yesterday: (threaded)

$IBM #RedHat

* #RedHat achieved normalized revenue growth of 20%; strong bookings and backlog growth
* #RHEL continues to be mission-critical for many customers; Infrastructure revenue again up double-digits
* App Dev + emerging tech up nearly 40% in Q1, driven by #OpenShift and #Ansible

* Number of #RedHat large deals was up from the 4th quarter, and up ~50% over last year
* Red Hat signed the 2 largest deals in its history in Q1
* Customers now using Red Hat and IBM's #container solutions = 2,200+ ( #OpenShift )

* When transaction closed in July 2019, IBM expected #RedHat, net of interest expense to be accretive to free cash flow by the end of the first year. With Red Hat's strong performance, milestone has been achieved after three quarters

* IBM has standardized its #cloud app modernization offerings on #OpenShift, and built the world's largest #RedHat consulting practice
* IBM now working with 100+ customers on Red Hat technologies, like Anthem, Procter & Gamble, USAA, Santander, and Horizon Healthcare