Bangalore: Red Hat prepares plans on releasing their next major OS Red Hat Enterprise Linux (RHEL), version 7, in the mid half of 2013, the company announced on Tuesday, as they also celebrated their tenth anniversary of its enterprise OS.

According to Jim Totten, the vice president and general manger at Red Hat Platform business unit, every three yeasr a major new version of its OS will be released and an update around every six months. The Linux think head publicly celebrated the 10^th anniversary of RHEL and its recent success at hitting the $1 billion mark, in an hour long webcast.

"While we are not at a place where we are making announcements ... our general target is the second half of 2013 to see RHEL 7 enter the marketplace," Totten said.

The OS will provide improvements in file systems, performance and of course hardware and security issues.

Paul Cormier, Red Hat’s longtime engineering chief, stood proud and said, “We’re straddling both worlds …. we’re driving the future,” proving that the Open Source Architecture of Red Hat  is the building block for cloud computing platform.

The open source software subscription which was being introduced in 2002 was surely the noted event in Red Hat history, which was popularized with the breakout tie-up with the fedora project.

The executives were sure in saying that the future of technology is going to be virtualization and cloud computing. The executives conveyed that the need for open source infrastructure and hypervisor is making Red Hat the most preferred OS with more than 2.5 million subscribers and it still keeps on growing.

Microsoft and VMware, former the only other data center structural provider and latter the only hypervisor, must have taken notice that Red Hat’s open hybrid cloud environment would be the key ingredient in building the IaaS and PaaS  foundations in cloud computing.