Union Bank of the Philippines signed a deal with open-source provider Red Hat to help the local lender accelerate the migration of mission-critical workloads from on-premises environments to the Amazon Web Services (AWS) cloud platform.
Enterprises can now build mission-critical applications once and run them on all leading public clouds -- including AWS, Microsoft Azure, Google Cloud Platform, Alibaba, and IBM Cloud -- and on private clouds.
The company, which was recently bought by IBM, has had off-shore dealings with local enterprises through their partners in the country. However, opening an office in the Philippines actually reflects Red Hat?s confidence in the market and desire to establish a stronger presence.
Red Hat will join IBM's Hybrid Cloud team as a distinct unit and will continue to be led by Red Hat's current management team. However, its CEO James Whitehurst will report to IBM chief Ginni Rometty.
