Rackspace Technology Extends AWS Offerings to Australian Customers, Expanding Global Footprint
SAN ANTONIO, SINGAPORE and SYDNEY – November 24, 2020 Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it’s extending AWS capabilities and application modernization, machine learning (ML), Internet of Things (IoT), containers, and serverless computing offerings to Australian customers. The expansion further establishes Rackspace Technology’s leadership in the Asia Pacific and Japan (APJ) market.
“We continue to see sustained growth in this market, with an increasing number of Australian customers trusting us to support their cloud journeys,” said Tolga Tarhan, Chief Technology Officer at Rackspace Technology. “As our global footprint continues to expand, our full spectrum of cloud services will support some of the world’s most complex technology projects. We look forward to enabling our Australian customers to build new revenue streams, increase efficiency, and deliver innovative experiences.”
With continued regional demand across Rackspace Technology’s service areas, this new focus will expand the company’s Australia-based team and roll out new AWS migrations and cost management initiatives for 2021.
“As cloud technologies continue to gain traction across a number of Australian industries, the need for a partner with exceptional support and deep expertise has become paramount,” said Emma Pudney, Chief Technology Officer, APJ at Rackspace Technology. “Rackspace Technology’s investment in this space is a testament to the company’s longstanding commitment to exceeding growing customer needs.”
Globally, Rackspace Technology will continue to leverage U.S. teams for data, machine learning, and artificial intelligence services while building out these capabilities for Australian customers. With over 125,000 customers worldwide, Rackspace Technology’s growth into Australia and the APJ region in general further establishes the company’s expanding expertise in multicloud solutions.
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.
