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Rackspace a Leader in Gartner’s 2019 Magic Quadrant for Public Cloud Infrastructure

March 12, 2019

Rackspace a Leader in Gartner’s 2019 Magic Quadrant for Public Cloud Infrastructure

SAN ANTONIO – March 12, 2019 – Rackspace has been positioned by Gartner, Inc. in the Leaders quadrant of its 2019 Magic Quadrant for Public Cloud Infrastructure Professional and Managed Service Providers, Worldwide for the third year in a row.

Gartner’s assessment, performed by the firm’s IT industry analysts, evaluates service providers based on the completeness of their vision and their ability to EXECute. It categorizes providers in quadrants labeled Challengers, Leaders, Niche Players and Visionaries. Rackspace is among the 19 providers assessed by Gartner, and is positioned in the Leaders quadrant.

Gartner has renamed the report to Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide, in 2019 to reflect the professional services market trend, which we feel reveals how dynamic this market remains. By continuously evolving to meet the diverse needs of customers, Rackspace has significantly grown its suite of professional services to deliver comprehensive IT roadmaps, data center consolidation, guidance on cloud migrations, security and governance, and platform expertise.

“Rackspace is honored to be recognized as a Leader in Gartner’s Magic Quadrant for three years in a row,” said Joe Eazor, CEO of Rackspace. “All companies are undergoing some level of digital transformation, attempting to leverage technology to deliver better business results. Rackspace is the trusted partner to help these companies bridge that gap between the complexities of business today and the promise of tomorrow.”

In our view, Rackspace’s classification as a Leader in this year’s Magic Quadrant further demonstrates how the company is fulfilling its strategy of helping companies accelerate the value of the cloud during every phase of their digital transformation. Rackspace is the only technology services company to offer a wide-ranging portfolio of managed services across infrastructure, data, security and applications.

As a leading next gen cloud services provider, Rackspace serves as an unbiased, objective and experienced cloud partner for organizations around the globe, while working closely with customers to understand unique cloud requirements and challenges. Rackspace is dedicated to customers’ success and modernization by helping to navigate, operate and continuously optimize their environments for transitioning to and amplifying the cloud.

“Rackspace is rapidly innovating and evolving our cloud services model to give customers the flexibility they need to transform their business. We are proud to be recognized by Gartner. We believe that it validates our advanced portfolio of end-to-end cloud services and next generation expertise,” said Prashanth Chandrasekar, Senior Vice President and General Manager, Cloud & Infrastructure Services at Rackspace. “While traditional managed service providers are unable to keep pace with the rapidly growing cloud ecosystem and shifting customer requirements, Rackspace is leading the evolution of next generation cloud service providers.”

Rackspace provides unbiased expertise, based on proven results, across all the leading technologies. And, across every interaction worldwide Rackspace delivers Fanatical Experience TM. The company’s portfolio includes integrated services across leading public and private clouds, managed hosting, colocation, application management, managed security, professional services and data centers on five continents. For more information on Rackspace’s position as a Leader in Gartner’s Magic Quadrant for Public Cloud Infrastructure Managed Service Providers Worldwide, please view a complimentary copy of the full report here.

Gartner, Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide, Craig Lowery, To Chee Eng, Scot MacLellan, Ross Winser, Brandon Medford, 26 February 2019.  Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to SELECT only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Media contact
Mikala Ferguson
mikala.ferguson@rackspace.com
210.550.6452

About Rackspace Technology

Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward-deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to future events and can be identified by terminology such as “believe,” “may,” “will,” “potentially,” “estimate,” “continues,” “anticipate,” “intend,” “could,” “would,” “project,” “plan,” “expect,” “is putting,” “designed to,” or the negative of such terms or other similar expressions, although not all forward-looking statements contain these words.

 These statements include, but are not limited to, Rackspace Technology’s relationship with NVIDIA and the NVIDIA Cloud Partner Program, its Enterprise AI Cloud strategy, the anticipated capabilities, benefits and timing of its Institutional Sovereign Pod architecture, Rackspace’s outlook on the AI industry and its ability to deliver, operate, and scale AI infrastructure and solutions for regulated, institutional and sovereign enterprises. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially, including, without limitation: Rackspace's ability to realize the anticipated benefits of its relationship with NVIDIA and the NCP program; the availability, cost, and timing of deployment of NVIDIA and other third-party technology; Rackspace's ability to develop, market, and scale the Institutional Sovereign Pod and related offerings on the anticipated timeline or at all; market acceptance of and demand for sovereign and governed AI infrastructure solutions; competition in the AI infrastructure and cloud services markets; capital expenditure requirements associated with AI infrastructure buildout; availability of financing for the AI infrastructure buildout on terms acceptable to Rackspace; Rackspace’s reliance on a limited number of technology partners, including NVIDIA; cybersecurity, data privacy, and regulatory compliance risks associated with serving regulated and sovereign customers; general economic and industry conditions; and other risks and uncertainties described in Rackspace's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Rackspace undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.