Rackspace Technology Expands Strategic Relationship with Amazon Web Services
Multiyear Strategic Collaboration Agreement drives customer value and innovation and establishes AWS as a Rackspace Technology preferred cloud provider
SAN ANTONIO – July 8, 2020 – Rackspace Technology today announced a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) enabling customers to realize greater value from AWS cloud services.
The companies have collaborated to expand offerings globally as part of the Rackspace Technology service block catalog. These modular offerings allow customers to tap into Rackspace Technology’s managed services expertise to meet their specific needs, including cloud strategy, migration, cost governance, complex cloud operations, and security support.
AWS and Rackspace Technology also have established dedicated teams across both companies to support customers with AWS-specific strategy, cloud-native development, containers, application modernization, and workload management.
Rackspace Technology has demonstrated its technical proficiency and commitment to customer success by achieving AWS Machine Learning Competency and AWS SaaS Competency status. This brings the total number of Rackspace Technology’s AWS Competency designations to fourteen, elevating the company’s ability to provide expertise across the full spectrum of cloud services on AWS.
“By strengthening our relationship with AWS, our preferred cloud provider, it makes it easier for our customers to accelerate the value they realize from the cloud,” said Matt Stoyka, Chief Solutions Officer, Rackspace Technology. “AWS continues to innovate its cloud solutions and we are pleased to enter into a Strategic Collaboration Agreement to bring these solutions to our collective customers.”
Now more than ever, customers need to accelerate their journey to the cloud. Rackspace Technology helps customers realize the power of the cloud, faster by delivering end to end services including advisory, design, migration, management, and optimization across applications, data and security.
“I’m delighted about the expansion of our relationship with Rackspace Technology,” said Doug Yeum, Head of Worldwide Channel and Alliances, Amazon Web Services, Inc. “Rackspace Technology has demonstrated a strong commitment to customers, and we look forward to continuing to work with them to bring innovative solutions to market.”
Rackspace Technology also has extended the reach of AWS services to several new regions, including Dubai, Malaysia, India, and New Zealand. This allows more customers around the world to benefit from the company’s Fanatical Experience™.
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.
