This business report analyzes the business model canvas and critical success factors of Red Hat Openshift Software for sustainable development.
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Running head: BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE Business report on Red Hat Openshift Software Name of the student: Name of the university: Author note:
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1 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE Executive summary Red Hat Open shift Softwaredeals with the offerings could foundary, service marketplace, spring along with Genfire among others. The report revealed that Downside risks results in the companies to deal with financial losses and in this condition the actual return is quite less than anticipated return. In such situation, business deals with uncertainty that drastically impacts productivity. Considering same, Red Hat Open shift Softwarecloud foundry is one of the critical success factors that facilitate the company in attaining sustainable development. It has supported the organizations in searching for digital transformation by means of effective software.
2 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE Table of contents Introduction......................................................................................................................................3 Business model canvas....................................................................................................................3 Key relationships between building blocks of canvas.....................................................................4 Critical success factors for ensuring sustainable development........................................................5 Analysis of Factors Causing Downside Risk...................................................................................6 Self-reflection Regarding the Proposed Business Changes.............................................................7 Conclusion.......................................................................................................................................8 References......................................................................................................................................10
3 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE Introduction Red Hat Openshift Softwarewas established in the year 2018 and is headquarter in San Francisco, the organization offers quality software to its consumers in attaining an increased share within data market. The organization has its business operation in the computer software sector. The organization has attained accolades from the companies for offer cloud computing services. Offering such services at optional cost facilitates the companies to improve their productivity. Implementation of the latest software designs indicates the presence of innovative workplace surrounding that can be measured. In addition, Red Hat Open shift Softwaredeals with the offerings could foundary, service marketplace, spring along with Genfire among others (OpenShift: Container Application Platform by Red Hat, Built on Docker and Kubernetes., 2019). In addition, the organization also deals with application service, container service along with internet services. Team dynamics with increased consciousness regarding organizational culture preservation also improves brand image of the organization. In addition, business operations transparency attracts a huge number of audiences. Considering same, the objective of the current report is to analyses the business model canvas of Red Hat Open shift Softwarealong with analyzing its critical success actors those are facilitating it in attaining competitive advantages in the fierce business environment. Business model canvas Business Model Canvas improves readers’ clarity regarding dynamic business operations of the organizations. It includes nine major building blocks of the canvas that includes key
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4 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE partners, activities, resources, value propositions, consumer relationship, channels, consumer support, revenue streams and cost structure (Corbett & Chen, 2015). The canvas for Red Hat Open shift Softwareis indicating below: Key partners Cognizant, Google cloud platform, Accenture, Dell Technologies, Galvanize and Microsoft Azure Key resources Software of latest and modern designs Value propositions Low operational cost Envisioning the provision of exceptional user experiences Innovation Customer relationship Social media Customer segments Software developers, website designers Key activities Software designing, development, cloud computing Channels Door to door selling, catalogue sales, Online shopping Cost structure: Premium Pricing methodRevenue streams:Offers, schemes and discounts regular discounts Key relationships between building blocks of canvas The existence of efficient and skilled employees facilitate Red Hat Open shift Softwareto develop quality software for consumers. The major drive behind such market research is concerned with the latest along with modern designs that are popular within the market. Efficient resource uses is ensued in terms of increasing productivity by means of designing software,
5 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE development along with cloud computing. Provision to such services at low operational cost facilitates the employees to attract a huge fraction of consumers (Haines, 2016). Collaboration with partners such as Cognizant, Google Cloud Platform, Dell Technologies and Accenture supports in terms of ensuring products innovation along with the services (Gierej, 2017). As the objective is to offer better experience to consumers, the employees of Red Hat Open shift Softwaretransfer important information to consumers through the social media platform. Within such scenario, the employees pick out targets of website and software designers and developers. Implementing such premium pricing method serves as an agent for attracting the investors. Implementing the optimum pricing techniques serve as an agent in offering schemes and discounts through organizational personnel plan in attaining loyalty, trust and dependence from the consumers (Tokarski, Tokarski & Wójcik, 2017). In serving consumers in a better manner, Red Hat Open shift Softwareconducts both direct and indirect marketing. Certain instances of direct marketing are door-to-door campaigning along with catalogue sales. Access regarding online shopping is an instance of indirect marketing that facilitates the employee in attaining viewpoint regarding consumers approach regarding levied services and products (Ojasalo & Ojasalo, 2015). Critical success factors for ensuring sustainable development Red Hat Open shift Softwarecloud foundry is one of the critical success factors that facilitate the company in attaining sustainable development. It has supported the organizations in searching for digital transformation by means of effective software. Acceleration of rapid and effective delivery has improved the consumers’ productivity in looking for software advancement (do Rosário Cabrita, Duarte, Carvalho & Cruz-Machado, 2016).
6 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE The flexible and effect design of 200:1 has facilitated the operator in conducting operations at minimal downtime deployments. This is also applicable where the operator logs in within the public and the private cloud. Implementation of advanced security systems has facilitated in attainment of trust, loyalty along with dependence from a huge consumer base. Considering same, 3 Rs are to be mentioned including repair, repave along with rotate within the application portfolio (Schaefer, Walker & Flynn, 2017). In addition, dependence on the built-in increased availability has facilitated the employees in retaining consumers in case of any challenging conditions. The partnership of Humana is considered effective for acting as an agent for Red Hat Open shift Softwarein advancing the quality and standards of product development life cycle. Analysis of Factors Causing Downside Risk Downside risks results in the companies to deal with financial losses and in this condition the actual return is quite less than anticipated return. In such situation, business deals with uncertainty that drastically impacts productivity. This is because the business magnitude is quite high and in case of Red Hat Open shift Softwarethe factors that results in downside risks are explained below: Price fluctuation for the software spare parts Delay in the loans repayment Human errors Systems failure Process failure Implementing new technologies where there is absence of technological skills
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7 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE Price fluctuating regarding the software spare parts makes it complex for the employees of Red Hat Open shift Softwarein setting suitable prices. This includes an interrogative parameter in order to address demands, needs long with stakeholders’ requirement. When it increases doubts regarding the method of premium pricing, this is an indication of facing loss in the profit margin and revenue (Hazen, Boone, Ezell & Jones-Farmer, 2014). Systemsfailureincreasedcomplexitiesregardingattainingefficiencywithinproject management and such failures persuade the employees in attaining negative production results. In addition certain system failures put complexity on relate ship between consumers and employees. The major cause behind such failure can be the prices failure or human errors. Negligence in advancement of the human errors serves as an uncertainty for the organization concerning improvement of the business productivity. Moreover, such negligence also serves as a concern regarding consumer service quality exposure. In the recent era of increasing business rivalry, the employees lack basic technological capabilities. In this situation, implementation of new software faces the risk from Red Hat Open shift Softwareregarding profit margin and sales revenue (Hirsch & King, 2016). Self-reflection Regarding the Proposed Business Changes I have attained insight regarding the diverse manner in which Red Hat Open shift Softwareconducts the business functions. The organization is associated with functions regarding collaboration with several partners that facilitates them with production of the quality software. In considering to the issues faced by the business, I would gave preferred certain partners those have supported the company in executing the important activities. Considering this, I consider it to be important in getting involved within partnership with a huge number of suppliers. This might turn out to be effective in expanding the supply chain connection.
8 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE I would also have considered panning in the business operations that might have been made me aware of the activities that I require performing on an urgent basis. In such situation, I might have implemented the planned action and reasoned behavior theory in controlling my behavior within workplace. Within such planning I might also have involved shareholders along with stakeholders in attaining insight within their approaches towards levied services. Such survey means along with feedback might have been suitable in improving the relationship stability. I might also have considered change in the company through focusing on stabilizing the financing parameter and regarding same, I might have involved with the trade union members that might have supported me in dealing with issues related with inflation, increased exchange rates and fluctuating prices. I also prefer that implementation of “one pricing method” long with attaing feedback from consumers might have been efficient in evaluating the suitability and feasibility of business activities. Even if I considered taking loans I might have attempted to repay the same on time for attaing prospectuses services in future years. In addition, I might also have considered organizing seminars fir employees in order to enhance their knowledge in the technological skills. Conclusion The objective of the current report is to analyses the business model canvas of Red Hat Open shift Softwarealong with analyzing its critical success actors those are facilitating it in attaining competitive advantages in the fierce business environment. It was gathered from the report that the existence of efficient and skilled employees facilitate Red Hat Open shift Softwareto develop quality software for consumers. The major drive behind such market
9 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE research is concerned with the latest along with modern designs that are popular within the market. Efficient resource uses is ensued in terms of increasing productivity by means of designing software, development along with cloud computing.
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10 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE References Corbett, J. & Chen, C., (2015). Big Data Efficiency, Information Waste and Lean Big Data Management: Lessons from the Smart Grid Implementation. InCONF-IRM( 8). do Rosário Cabrita, M., Duarte, S., Carvalho, H., & Cruz-Machado, V. (2016). Integration of lean, agile, resilient and green paradigms in a business model perspective: theoretical foundations.IFAC-PapersOnLine,49(12), 1306-1311. Gierej, S. (2017). The framework of business model in the context of Industrial Internet of Things.Procedia Engineering,182, 206-212. Haines, S., (2016).The systems thinking approach to strategic planning and management. CRC Press. Hazen, B.T., Boone, C.A., Ezell, J.D. & Jones-Farmer, L.A., (2014). Data quality for data science, predictive analytics, and big data in supply chain management: An introduction to the problem and suggestions for research and applications.International Journal of Production Economics,154, 72-80. Hirsch, D.D. & King, J.H., (2016). Big Data Sustainability: An Environmental Management Systems Analogy.Washington and Lee Law Review Online,72(3), 406. Ojasalo, J., & Ojasalo, K. (2015, June). Service logic business model canvas: implications for service business. InProceedings of the QUIS14 Quality in Service Conference(pp. 18- 21).
11 BUSINESS REPORT ON RED HAT OPENSHIFT SOFTWARE OpenShift: Container Application Platform by Red Hat, Built on Docker and Kubernetes. (2019). Retrieved from https://www.openshift.com/ Schaefer, D., Walker, J., & Flynn, J. (2017, August). A Data-Driven Business Model Framework for Value Capture in Industry 4.0. InAdvances in Manufacturing Technology XXXI: Proceedingsofthe15thInternationalConferenceonManufacturingResearch, Incorporating the 32nd National Conference on Manufacturing Research, September 5– 7, 2017, University of Greenwich, UK(Vol. 6, p. 245). IOS Press. Tokarski, A., Tokarski, M., & Wójcik, J. (2017). The Possibility Of Using The Business Model CanvasInTheEstablishmentOfAnOperator'SBusinessPlan.TorunBusiness Review,16(4), 17-31.