Rackspace Technology Named the CloudHealth Global Partner of the Year
SAN ANTONIO – February 16, 2021 – Rackspace TechnologyTM (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today that it has been SELECTed as the CloudHealth by VMware Global Partner of the Year.
Partner of the Year winners are identified as standouts among hundreds of global cloud solution providers. The award places Rackspace Technology at the top of a group of top-level cloud MSPs experiencing rapid growth, while showcasing best practices in customer success. Awardees are recognized for their technical expertise, innovation and the great value they bring to our joint customers. Rackspace Technology recently received the honor during the 2021 CloudLIVE Solution Provider Virtual Summit.
“We are proud to recognize Rackspace Technology as the 2020 CloudHealth Partner of the Year. Rackspace Technology has consistently exhibited their commitment to providing value through our partnership, as they’ve demonstrated best practices in cloud management, provided exemplary customer support, and delivered significant year-over-year growth. Congratulations Rackspace Technology – we are honored to partner with you as we continue to develop innovative new solutions that will drive success for our customers around the globe,” said Joe Kinsella, CloudHealth VP and CTO.
Rackspace Technology has integrated CloudHealth into service offerings across major hyperscaler cloud providers (Amazon Web Service (AWS), Google Cloud and Microsoft), VMware Private Cloud, and datacenters, giving customers a consolidated cost overview of their multi-cloud estate. CloudHealth empowers Rackspace Technology to help organizations realize key FinOps outcomes around reducing infrastructure bills while gaining visibility and control of cloud spend with both ongoing Managed Services as well as Professional Services.
“We’re honored to be a Global CloudHealth Partner of the Year,” said Jeff DeVerter, CTO Solutions at Rackspace Technology. “We’ve worked with VMware for over a decade to help customers reap the full benefits of the cloud. Our continued partnership enables us to continue to serve as trusted advisors to our customers, helping businesses decrease costs, remain competitive and scale.”
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.
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.
