Beneath Red Hat's and Oracle's Earnings Reports
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A look at what Red Hat is selling to raise its bottom line offers some insight into what's going on in IT these days. Most of the company's income, 88 percent of the total, came from subscriptions revolving around RHEL and its related technologies. Ansible, a DevOps automation engine that's often used with Kubernetes deployments, was big, responsible for six of the quarter's transactions of over $1 million. This included one deal valued at over $5 million -- "our largest deal ever for Ansible," according to Shander.
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