July 25, 2019
Red Hat, Inc. the world’s leading provider of open source solutions, today shared that more enterprises in Asia Pacific are keen to embrace open innovation to accelerate business outcomes. This is indicated by the number of enterprises in Australia, Hong Kong, India, Indonesia, Japan and Singapore participating in Red Hat Open Innovation Labs residency programs in the region.
Organizations in Asia Pacific are increasingly recognizing the need to embed innovation into their corporate DNA. By doing so, they will be able to boost growth and deal with upcoming unknown challenges more effectively..
Launched in 2017 in APAC, Red Hat Open Innovation Labs is designed to provide a collaborative, residency-styled, immersive environment that promotes rapid innovation and development. Some of the enterprises that are participating in this program include:
Today’s fast-moving business environment requires organizations to continually innovate to keep pace with the changing business landscape, or risk falling behind. Red Hat Open Innovation Labs help enterprises achieve that by allowing them to work closely with Red Hat experts to solve their business challenges in an accelerated fashion using open source technologies. Lasting between one to three months, the residency can be conducted at Red Hat’s physical labs or in a pop-up lab or at the customer’s location.
During the residency, customers gain first-hand experience on how to apply agile development methodologies and DevOps practices to solve legacy problems or address new challenges such as developing cloud-native applications.
The National Stock Exchange of India, for example, not only modernized its e-IPO application during its residency, but also adopted a DevOps strategy that helped it to bring new services to market faster. Fukuoka Financial Group leveraged a Red Hat Innovation Labs engagement to sharpen its competitive edge by equipping its staff with the skills needed to bring development capabilities in-house and accelerate innovation.
Customers also get to witness how open principles and open culture help accelerate innovation through Red Hat Open Innovation Labs. In the case of the Heritage Bank, teams learned how to use open source principles to integrate cross-functional teams, technology and processes during its residency. By doing so, the bank can now respond to evolving business demands quickly and deliver better customer experiences.
John Allessio, senior vice president and general manager of Global Services, Red Hat
“Organizations in Asia Pacific recognize the need to embed innovation into their corporate DNA. By doing so, they will be able to boost growth and deal with upcoming unknown challenges more effectively. We are pleased to help enterprises adopt Red Hat’s open approach to build high-performing, self-organizing teams which can help the business address changes in an agile manner and capture new opportunities.”
Koji Yokota, director and executive officer, Fukuoka Financial Group, Inc
“The traditional app development process and the lack of in-house skills were hindering us from innovating fast enough to keep up with our competitors and the evolving customer demands. Red Hat Open Innovation Labs has helped us embrace open innovation and agile development, which will enable us to deliver increased business value and continuously innovate at speed.”
Wayne Marchant, CIO, Heritage Bank
“The Red Hat Open Innovation Labs residency has been the catalyst to our business transformation by helping us to embrace a culture of innovation. By empowering collaborative teams that are focused on a single-minded goal with open source tools, we’ve gained the ability to sustain innovation and efficiently deliver new services that can improve the customer experience.”
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