Fedora is the free version of Red Hat, whose RHEL (Red Hat Enterprise Linux) has been a commercial product since 2003. Because of that close connection, Fedora is particularly strong on enterprise features, and it often offers them before RHEL does.
Fedora also offers a six-month release schedule, and its security features are excellent. While some have viewed it as a cutting-edge distro for the Linux "hobbyist," I think improvements over the years and widespread popularity have combined to make it a good choice for newer Linux users as well.