Red Hat and Accenture Expand Alliance to Accelerate Hybrid Cloud Innovation

Rhea-AI Summary

Accenture (NYSE: ACN) and Red Hat have expanded their strategic partnership to enhance hybrid cloud innovation. The collaboration focuses on developing new solutions in four key areas: application modernization, automation, edge computing, and sovereign cloud. This alliance aims to help organizations streamline cloud operations while maximizing security and compliance. A recent IDC study indicates that firms implementing Red Hat OpenShift with Accenture may achieve a 523% ROI over three years. This partnership highlights the growing importance of hybrid cloud strategies in today's digital landscape.

Positive

• Expanded strategic partnership with Red Hat to innovate in hybrid cloud solutions.
• Focus on key areas: application modernization, automation, edge computing, and sovereign cloud.
• Potential to achieve a 523% ROI over three years as per IDC study.

Negative

• None.

Companies collaborate on new solutions to help organizations operate in the cloud continuum, adopting open hybrid cloud technologies to drive innovation and IT modernization at scale

BOSTON – RED HAT SUMMIT--(BUSINESS WIRE)-- Red Hat Inc., the world’s leading provider of open source solutions, and Accenture (NYSE: ACN) have expanded their nearly 12 year strategic partnership to further power open hybrid cloud innovation for enterprises worldwide. The companies are jointly investing in the co-development of new solutions to help organizations more seamlessly navigate a multi- and hybrid cloud world, define their strategy, and accelerate their pace of innovation to get to value faster.

With the combination of Accenture Cloud First and Red Hat OpenShift, organizations are better equipped to embrace the cloud continuum – a range of capabilities, from public to private to edge computing, all connected by modern networks and built with a zero-trust security mindset – to accelerate enterprise reinvention. A hybrid solution brings the public cloud benefits of innovation, speed, consumption and scale with private cloud advantages of regulatory compliance, performance and data gravity.

To further help organizations migrate to hybrid cloud, Red Hat and Accenture are co-developing new solutions over the next year with an initial focus on the following four areas:

• Open hybrid cloud application and mainframe modernization – With the boundaries for public and private cloud blurring and no one-size-fits-all solution, Accenture and Red Hat are helping clients develop a holistic cloud strategy that embraces hybrid to enable greater operational efficiency and drive innovation based on Red Hat OpenShift.

• Automation – As organizations continue to modernize, they need consistent, resilient and standardized solutions for managing their cloud estate. Accenture and Red Hat are developing solutions that automate and orchestrate workloads across the IT infrastructure to reduce risk and lower costs of technology operations. This includes the development of Accenture solutions on Red Hat Enterprise Linux and Red Hat Ansible Automation Platform to deliver stable, automated cloud computing capabilities. As a result, the companies helped one client achieve a 99% reduction in downtime for rolling upgrades, a 100% reduction in downtime for operating system patching, and 50% faster development time through infrastructure as code.

• Edge Computing – The scale and complexity of data created by connected devices are continuously pushing the limits of network and infrastructure capabilities. New solutions under development by Red Hat and Accenture are focused on analyzing and processing data where it is generated to improve the customer experience and reduce latency. With Red Hat OpenShift and Red Hat Ansible Automation Platform, applications can be deployed and automated at the edge, reducing dependency on a physical footprint.

• Sovereign Cloud – Organizations are navigating an intricate patchwork of technology solutions while aligning with new, emerging industry standards and compliance requirements in various countries and sectors. Accenture and Red Hat are jointly committed to helping clients control the location, access to and processing of their data in the cloud through open source technologies and services.

Red Hat and Accenture have worked together to deliver transformative outcomes for hundreds of organizations across industries. For example, Finanz Informatik, an innovative IT partner for the financial sector, worked with Red Hat and Accenture to implement an ambitious next-level multi-channel architecture for its core banking applications. Using Red Hat OpenShift and Red Hat Ansible Automation Platform, with strategic support from Accenture, Finanz Informatik modernized its IT infrastructure to significantly improve business agility and more quickly respond to evolving customer needs.

Unlocking the rich value and capabilities of hybrid cloud requires deep collaboration across an ecosystem of IT vendors. A recent IDC white paper sponsored by Red Hat revealed that organizations can accelerate application migration projects by 47% and achieve a three-year return on investment of 523% when implementing Red Hat OpenShift with a Red Hat accredited global systems integrator such as Accenture¹. With this expanded partnership, Red Hat and Accenture bring together robust partner ecosystems, equipped with deep technical expertise to support customers across any cloud and any industry, in order to support multi-partner engagements and deliver tailored cloud solutions.

Learn more about Red Hat and Accenture’s expanding partnership at Red Hat Summit 2022.

Supporting Quotes

Stefanie Chiras, senior vice president, Partner Ecosystem Success, Red Hat
“Operating in the hybrid cloud enables customers to optimize their existing systems with the added layers and capabilities necessary to support innovation and efficiency at scale. At Red Hat, we believe that success not only lies in the technical components we bring to the cloud, but also with the impactful partnerships that drive successful implementations and business outcomes. Our long-standing collaboration with Accenture means that customers have access to the open source solutions they need and expertise they can trust to navigate the complexities of open hybrid cloud and grow their business where it needs to be - in the cloud.”

Raj Wickramasinghe, Hybrid and Emerging Platform lead, Accenture
“Organizations are increasingly turning to hybrid cloud to help overcome complex challenges around core business functions like customer service and supply chain, and to drive growth and innovation. Through our expanded alliance with Red Hat, we can further help clients embrace the cloud continuum to enable greater operational efficiency and drive innovation.”

Robert Bersdorf, division head for multi-channel applications, Finanz Informatik
“Our business-critical applications are used every day by nearly 400 financial institutions, so regulatory compliance, security and reliability are crucial. Our hybrid cloud strategy is critical for helping us drive resilience, while balancing agility with stability and security. By using OpenShift and Ansible Automation we took a pioneering step forward to embrace the private cloud to continuously deliver innovation while delivering a seamless experience and maintaining the performance of our own technology estate. It was a great experience working with Accenture and Red Hat on this project and together pushing the envelope.”

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About Red Hat, Inc.

Red Hat is the world’s leading provider of enterprise open source software solutions, using a community-powered approach to deliver reliable and high-performing Linux, hybrid cloud, container, and Kubernetes technologies. Red Hat helps customers integrate new and existing IT applications, develop cloud-native applications, standardize on our industry-leading operating system, and automate, secure, and manage complex environments. Award-winning support, training, and consulting services make Red Hat a trusted adviser to the Fortune 500. As a strategic partner to cloud providers, system integrators, application vendors, customers, and open source communities, Red Hat can help organizations prepare for the digital future.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.

Red Hat’s Forward-looking Statements

Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements.

Red Hat, Red Hat Enterprise Linux, the Red Hat logo, Ansible and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries.

Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

¹ IDC White Paper, Sponsored by Red Hat, "The Business Impact of Global Systems Integrators on Red Hat OpenShift Implementation", Doc #US48836122, March 2022.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220509005531/en/

Jessie Beach

Red Hat

jbeach@redhat.com

Mylissa Tsai

Accenture

917-452-9729

Mylissa.tsai@accenture.com

Source: Red Hat, Inc.

FAQ

What is the significance of the partnership between Accenture and Red Hat (ACN)?

The partnership aims to enhance hybrid cloud innovation to help organizations improve operational efficiency and accelerate transformation.

What areas are Accenture and Red Hat focusing on in their collaboration?

They are focusing on open hybrid cloud application modernization, automation, edge computing, and sovereign cloud solutions.

How can organizations benefit from using Accenture's services with Red Hat OpenShift?

Organizations can potentially accelerate application migration projects by 47% and achieve substantial ROI as indicated by recent studies.

What is the stock symbol for Accenture?

The stock symbol for Accenture is ACN.