Opens in a new tab

Rackspace Technology Announces Enhanced, Full-Lifecycle Capabilities to Help Customers Envision, Develop, and Launch their IoT Solutions

October 22, 2020

Rackspace Technology Announces Enhanced, Full-Lifecycle Capabilities to Help Customers Envision, Develop, and Launch their IoT Solutions

SAN ANTONIO – October 22, 2020 – Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced new Internet of Things (IoT) professional services capabilities aimed at helping customers across all stages of their IoT journey.

The company’s enhanced IoT capabilities will enable enterprises to develop competitive products, increase operational efficiency and create new revenue streams.

“With more than 25 billion connected devices expected to be in use by 2021, our customers are under constant pressure to bring solutions to market quickly,” said Tolga Tarhan, CTO, Rackspace Technology. “Our enhanced IoT services and capabilities enable enterprises to reduce the time and cost associated with piloting new initiatives, free up resources typically allocated to navigating complexities, and ultimately, speed up time to market.” 

By leveraging the connectivity, storage application, and analytics capabilities provided by Amazon Web Services (AWS), Rackspace Technology helps customers quickly build IoT solutions tailored to unique use cases.

Rackspace Technology IoT Services include the following: 

  •  IoT Accelerator: The Rackspace Technology IoT Accelerator is designed for customers who are just getting started with IoT. This 5-day assessment is led by a team of IoT experts who evaluate IoT use cases and provide recommendations for pilot solutions, including a backlog, roadmap, and cost estimate for hardware, firmware, and cloud architecture.    
  • IoT Production Solutions: Rackspace Technology experts design and develop tailored, scalable solutions for customers leveraging IoT device hardware, platform, and analytics.
  • IoT Platform Modernization: This service is designed for customers with devices in the field who want to re-platform their IoT platform to take advantage of cloud native technologies. 
  • IoT Rapid Prototyping Board: This service enables customers to rapidly create pilot solutions on day 1, while providing them with an accelerated pathway for production solutions. 
  • IoT Cloud: This service is built on cloud native principles and leverages services like AWS IoT Core, Amazon Kinesis, AWS Lambda, Amazon API Gateway, and Amazon DynamoDB. Combined with the Rapid Prototyping Board, this service enables customers to fast-track solution design, development, and deployment, helping accelerate their IoT journey from years to months. 

Ultimately, the outcome for customers is to have an accelerated pathway to production by leveraging our expertise in custom hardware, firmware and cloud native platforms powered by AWS. From serverless fleet tracking applications to smart consumer products, we’ve helped customers across various industries increase operational efficiency and enter new markets.

To learn more about IoT capabilities with Rackspace Technology, please visit: https://www.rackspace.com/professional-services/iot 

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. 

Media Contact 
Natalie Silva 
Rackspace Corporate Communications 
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.