Rackspace Technology Launches Modern Operations, A New Managed Service Offering for Public Cloud
Service offering will provide customers across AWS, Azure, and GCP a 24×7 Unified Support Model
SAN ANTONIO, TX – January 16, 2023 – Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced the launch of Rackspace Technology Modern Operations, a new managed service offering for public cloud. The new service offering will provide customers across, AWS, Azure, and GCP, a 24×7 unified support model for a broad range of services so customers can focus on core business activities and accelerate their journey through the cloud.
Regardless of a customer’s cloud maturity, Modern Operations provides operational and system administration support with a managed offering designed to provide a broad range of support services for end-to-end lifecycle management of customers’ cloud environments.
“The move to the cloud has created massive benefits for our customers and their business strategies as they have scaled and innovated at an ever-increasing pace. This innovation and transformation have come at a cost due to ever-increasing complexity in cloud environments,” said Mike Lindbert, Rackspace Technology Product Senior Director. “Our Modern Operations will help our customers manage complex cloud environments and accelerate their journey to cloud while providing the freedom to innovate and transform to achieve core business objectives.”
Benefits
24x7x365 managed support: Focus your internal resources on core business activities and accelerate your cloud journey with the peace of mind that comes with managed environment.
Cloud expertise: Gain the benefits of the public cloud without incurring the challenge and expense of self-managing it.
Cloud resiliency: Leverage cloud native and proprietary Rackspace Technology tooling to reduce manual intervention and increase resiliency.
Innovate with cloud services: Take advantage of the latest cloud features and capabilities to solve challenging business problems.
For additional information about Modern Operation by Rackspace Technology click here.
About Rackspace Technology
Rackspace Technology is a leading end-to-end multi-cloud 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
publicrelations@rackspace.com
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.
