SAN ANTONIO – Rackspace has been positioned by Gartner as a Leader in its 2020 Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide. This is the fourth consecutive year that Rackspace has been named a Leader in this report. Gartner’s assessment is performed by the firm’s IT industry analysts and evaluates service providers based on the completeness of their vision and their ability to EXECute.
“Now more than ever, organizations are looking for ways to realize the full value of the cloud, faster,” said Kevin Jones, CEO at Rackspace. “To us, being recognized as a Leader in this report underscores our proven track record and commitment to helping our customers increase flexibility, lower costs and innovate as they transition to the cloud.“
Gartner’s Magic Quadrant evaluates 20 public cloud infrastructure managed and professional services providers. According to the report, Leaders are defined as those who “have a track record of successful delivery of high-quality professional and managed services that thoughtfully exploit the capabilities of the cloud platform. They are well-positioned to continue delivering leading-edge services in the future.”
“Customer interest in the cloud is increasing, with no signs of slowing down,“ said Jeff Moyer, Senior Vice President of Private and Managed Public Cloud at Rackspace. “Our comprehensive solutions combined with our Fanatical Experience™ help organizations reshape their IT in a simpler, more effective way.”
Rackspace recently expanded its professional and managed services portfolio with the addition of cloud-native services leader Onica, advancing its expertise in Application Modernization, Machine Learning (ML), Internet of Things (IoT), Containers and Serverless Computing.
—
For more information on Rackspace’s position as a Leader in Gartner’s Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide, please view a complimentary copy of the full report here.
Source: Gartner, “Magic Quadrant for Public Cloud Infrastructure Professional and Managed Services, Worldwide”, Craig Lowery, To Chee Eng, Scot MacLellan, Ross Wisner, Brandon Medford, 4 May 2020.
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.
Accelerate and ease your transformation with Rackspace Technology public cloud services→
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.
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.
