The good, bad and ugly of desktop virtualization; other news

The good, bad and ugly of desktop virtualization; Putting COBOL in the cloud; Red Hat profits rise.

IT Channel news in brief for Sept. 25, 2009

Desktop virtualization appeals, cost appalls

OK, "appalls" may be too strong a word, but desktop virtualization's benefits, in terms of easing management, still have to be weighed against the considerable cost of upgrading hardware, according to SearchVirtualDesktop.com.

In a recent TechTarget-sponsored survey, nearly 20% of respondents say they are evaluating desktop virtualization this year while another 20% say they plan to do so in 2010.

Putting COBOL in the cloud

For all the Web 2.0 and Enterprise 2.0 talk, a lot of really important applications -- banking, hello?? -- run on old but still working COBOL code. Micro Focus CTO Mark Haynie talks to SearchCloudComputing.com about his company's "application modernization" technology that translates mainframe-based legacy applications into a format that will run on modern server hardware that runs the cloud.

Red Hat profits rise

For its second quarter, ending August 31, Red Hat's profits jumped a recession-defying 37% and earnings rose to $28.9 million (15 cents a share), from $21.1 million (10 cents a share) for the year-ago period.

Total revenue for the quarter was $183.6 million, up 12% from last year, while subscription revenue was $156.3 million, up 15% year-over-year, the company said Tuesday.

Some analysts said that Oracle, distracted by the continuing buyout of Sun Microsystems, has given Linux competitors an advantage.

Check out Tuesday's IT channel news in brief.

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