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Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas

May 23, 2024

Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas

Rackspace Technology Further Establishes Market Leadership by Being Named Dell Technologies Global Alliances Service Provider of the Year, Americas

Recognition results from a combination of best-in-class products and solutions with leading-edge information technology consulting and services to solve customers’ business and IT challenges

San Antonio, TX May 23, 2024 – Rackspace Technology® (NASDAQ: RXT) – the leading end-to-end, hybrid multicloud, and AI solutions company, today announced being recognized as a Dell Technologies Global Alliances Service Provider of the Year, Americas. The recognition combines Dell’s best-in-class products and solutions with Rackspace Technology’s leading-edge information technology consulting and services to solve customers’ business and IT challenges. It further establishes Rackspace’s market leadership and commitment to driving transformative digital solutions at scale and providing real value to joint customers.

Through this collaboration, Rackspace Technology and Dell Technologies provide a robust set of integrated capabilities to help customers drive innovation, protect their core, future-proof their businesses, and unearth new opportunities for business growth.

“Rackspace is honored to be named Global Alliances Service Provider of the Year, Americas Award from Dell Technologies! Our longstanding collaboration with Dell has been instrumental in driving innovation and delivering exceptional business outcomes for our clients,” said Adrianna Bustamante, Vice President of Private Cloud Partnerships and Demand Generation. “Winning the award is a testament to our joint efforts in transforming the hybrid multicloud, healthcare, and AI landscape. Those efforts have enabled customers to reduce costs, improve control over data, and unlock new AI use cases, all while meeting stringent compliance and security requirements.”

For over 20 years, Rackspace Technology and Dell Technologies have collaborated to drive innovation and deliver superior business outcomes in the hybrid multicloud and AI space. Together, we help organizations overcome the complexities of hybrid multicloud environments, providing scalable, secure, and high-performance solutions.

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. 

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.