Red Hat began in 1993 with a vision of developing better software through open source collaboration. It is now a leading provider of open source enterprise IT products and services, used by over 90% of Fortune 500 companies. Red Hat drives innovation by bringing together customers, partners, and communities to develop technology. It offers commercial products coupled with services, and sponsors open source projects, sharing benefits with customers. Red Hat's subscription-based model provides a simple way for IT departments to deploy innovative technologies and solutions.