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Rackspace Technology Strengthens Commitment to Global OpenStack Community

Oktober 22, 2024

Rackspace Technology Strengthens Commitment to Global OpenStack Community

Rackspace Technology Strengthens Commitment to Global OpenStack Community with Board of Directors’ Seat on OpenInfra Foundation 

OpenStack resurgence fueled by demand for cost control, flexible open infrastructure, and hybrid cloud 

SAN ANTONIO, TX – October 22, 2024 —Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI solutions company, today announced its enhanced commitment to the global OpenInfra Foundation by joining the OpenInfra Foundation Board of Directors and becoming an OpenStack community Platinum Member.  This highest level of membership includes representation on the Board of Directors, the ability to influence the strategic direction of the OpenInfra Foundation community and the industry, access to open group forums and work groups, and the ability to fast-track standards. 

Rackspace Technology partnered with NASA in 2010 to launch OpenStack, an open-source cloud software collaborative project to power public and private clouds.  Since then, OpenStack has grown to be one of the most active open-source projects, with enterprises all over the globe benefiting from a mature, scalable, and open cloud platform.  

“As more organizations choose multicloud flexibility and hybrid infrastructure solutions to reclaim control of their infrastructure, OpenStack is experiencing record demand and accelerated adoption for companies to meet digital sovereignty and security requirements with cost-efficient cloud consumption,” said Lance Weaver, Chief Product and Technology Officer, Rackspace Private Cloud. “We look forward to expanding our contributions to the OpenInfra community through our continued commitment to OpenStack as a Platinum Member of the OpenInfra Foundation.” 

OpenStack is differentiated by its ability to enable open-source, customized private clouds across on-premises and hosted infrastructure. As a mature infrastructure platform, OpenStack delivers the following advantages: 

  • Empowerment: provides the flexibility to build private cloud data centers or at the edge. 
  • Foundation: lays the foundation needed to deploy containers and orchestrators like Kubernetes. 
  • Scalability: scale up or down quickly and easily to meet an organization’s needs.  
  • Flexibility: sync with a business’s growth and scale.  
  • Automation: built-in tools that make cloud management easier.  
  • Performance: runs on a wide range of hardware and integrates well with many different types of networking, storage, and other infrastructure.  
  • Development: open-source code allows experts from around the world to contribute to the platform’s development.  
  • Interoperability: works across a variety of platforms and software. 

Given these factors, OpenStack is experiencing an enterprise cloud resurgence more than a decade after its debut due to expanding demands for data sovereignty, privacy, and cost control that are driving customers to explore alternatives to public cloud. Additionally, the introduction of custom AI models optimized for unique requirements is fueling interest in on-premises and hybrid hosting solutions. 

“At the core of today’s data transformation is the need for agility. Organizations need a dynamic set of core services that provide the capabilities that empower essential platforms for modern applications, such as Kubernetes,” said Josh Villarreal, Rackspace Technology OpenStack GM. “Rackspace OpenStack solutions deliver the capability, scalability, and reliability of an enterprise-grade cloud platform at a fraction of the cost.” 

How Industries are Leveraging OpenStack  

  • Retailers want to avoid using public cloud competitors to host proprietary systems. 
  • Pharmaceutical firms require keeping sensitive patient data private. 
  • Banks can use it to maintain strict data sovereignty regulations. 

“Rackspace Technology partnered with NASA to originally launch OpenStack, so we are thrilled about Rackspace’s renewed commitment to OpenStack as a contributor and Platinum Member of the OpenInfra Foundation,” said Thierry Carrez, General Manager, OpenInfra Foundation. “Rackspace has accrued a lot of expertise at supporting OpenStack-based public and private cloud infrastructures, which they will be able to leverage as a key member of the OpenStack ecosystem.” 

Click here for more information about Rackspace OpenStack.  

About the Open Infrastructure Foundation 

The OpenInfra Foundation builds communities who write open-source infrastructure software that runs in production. With the support of over 110,000 individuals in 187 countries, the OpenInfra Foundation hosts open-source projects and communities of practice, including infrastructure for AI, container native apps, edge computing and datacenter clouds. Join the OpenInfra movement: http://www.openinfra.dev 

About Rackspace Technology  

Rackspace Technology is a leading end-to-end, hybrid, multicloud, and AI solutions 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.  

Media Contact: Natalie Silva, publicrelations@rackspace.com  

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.