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Rackspace Technology’s FAIR Recognized with Multiple Data Microsoft Azure Specializations

Mai 5, 2024

Rackspace Technology’s FAIR Recognized with Multiple Data Microsoft Azure Specializations

Rackspace Technology’s FAIR Recognized with Multiple Data Microsoft Azure Specializations

San Antonio, May 6, 2024 – Rackspace Technology® (NASDAQ: RXT), the leading end-to-end, hybrid multicloud, and AI solutions company, today announced Foundry for AI by Rackspace (FAIR™) demonstrated expertise in Microsoft technologies, earning the AI and Machine Learning in Microsoft Azure specialization, Build and Modernize AI Apps with Microsoft Azure, and Analytics on Microsoft Azure specializations. Rackspace Technology is recognized as a global leader on Azure, holding a total of eight Microsoft Specializations.

“It is an honor to have Microsoft recognize Rackspace’s capabilities in enabling customer adoption of AI and analytics, implementing Azure data and AI solutions for machine learning, cognitive search, and cognitive services,” said Hemanta Banerjee, Vice President of Public Cloud Data Services, Rackspace Technology. “Our certified data engineers and data scientists support our customer’s AI journey with a proven focus on data quality and responsible AI principles to deliver applications with exceptional customer experiences. The specializations Rackspace has earned are a great testament to that.”

Rackspace Technology has facilitated the integration of AI and Machine Learning technologies across various sectors, such as utilities, transportation, and logistics, supporting our customers to achieve increased accessibility, automation, scalability, and efficiency in business operations. Achieving a Microsoft Specialization underscores Rackspace’s commitment to stringent standards, evidenced by its track record of delivering customized solutions in high-demand sectors and continuously innovating to address evolving client needs using Azure OpenAI. 

To attain an Azure Specialization, a Microsoft Solutions partner must fulfill performance and skilling criteria and undergo a thorough audit by a third-party agency approved by Microsoft. With two decades of collaboration, Rackspace Technology serves numerous enterprise clients worldwide and is a Premier Solutions Partner across various domains, including Business Applications, Data and AI, Modern Workplace, Infrastructure, and Security.

About Foundry for AI by Rackspace (FAIR)

FAIR is a groundbreaking global practice dedicated to advancing business transformation, improving customer experience, increasing the quality of service, and accelerating value creation through the secure and responsible use of AI technologies. FAIR has identified over 500 use cases across multiple industries and is working on several industry-leading implementations for our customers across the globe.  

About Rackspace Technology

Rackspace Technology is a leading end-to-end hybrid, multicloud, and AI technology services company. We 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.