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Rackspace Technology becomes a leader for the European Open Science Cloud marketplace providing AWS expertise for European Researchers

January 21, 2021

Rackspace Technology becomes a leader for the European Open Science Cloud marketplace providing AWS expertise for European Researchers

London, UK, 21 January 2021: Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, has been SELECTed by GEANT’s new procurement framework, Open Clouds for Research Environments (OCRE), to provide Amazon Web Services (AWS) solutions to European Researchers.

GEANT, one of the world’s largest research and education networks, made the SELECTion as part of the OCRE IaaS+ tender for commercial cloud services that will empower research institutions and universities to move their IT environments to the cloud.

Until now, European Researchers and the wider Educational Community have had their digital transformations held back due to the absence of procurement frameworks and technical skills. As a result of the OCRE project, the strong demand for commercial cloud services can now be met. Organisations that require AWS capabilities in 38 countries across Europe will be supported by Rackspace Technology expertise, which includes 14 AWS competencies and with 1,600 certifications.

“As European research institutions and universities seek to accelerate their journey to the cloud, the OCRE project removes barriers creating a seamless connection into the IT ecosystem,” said Mahesh Desai, Chief Relationship Officer, EMEA at Rackspace Technology.

“Rackspace Technology has exceptional managed services expertise within the AWS cloud environment and has delivered truly valuable business outcomes for customers across EMEA. As an integral partner of AWS and we’re excited to begin empowering these organisations to enhance their capabilities through the cloud.”

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About Rackspace Technology

Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers’ cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.

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.