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Rackspace Technology Announces SDDC Enterprise, Business, and Flex to Help Organizations Manage Private Cloud Workloads and Meet Strategic Goals

January 18, 2023

Rackspace Technology Announces SDDC Enterprise, Business, and Flex to Help Organizations Manage Private Cloud Workloads and Meet Strategic Goals

Rackspace Technology Announces SDDC Enterprise, Business, and Flex to Help Organizations Manage Private Cloud Workloads and Meet Strategic Goals  

As businesses continue to shift from internally managed data centers to the cloud, Rackspace Technology provides targeted solutions for private cloud workloads

SAN ANTONIO, January 18, 2023 – Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced the launch of Rackspace Technology Software-Defined Data Center (SDDC) Rackspace SDDC Enterprise, Rackspace SDDC Business, and Rackspace SDDC Flex. These new offerings will provide targeted solutions for organizations to bridge the gap between the cloud and data centers.

As organizations continue to move out of internally managed data centers to the cloud, Rackspace Technology is uniquely positioned to help customers with their private cloud strategy and determine the best place for their workloads. The launch of Rackspace SDDC Solutions will allow Rackspace Technology to continue to put customers first through private cloud modernization and innovation.

“We are proud of our progress in providing solutions for organizations to strategically manage their private cloud workloads and modernize their operations,” said Josh Prewitt, Chief Product Officer Rackspace Technology. “With the launch of Rackspace Technology SDDC Enterprise, Business, and Flex, we continue to invest alongside our customers in their private cloud journey and help them get the most from their cloud transformation projects.”

Rackspace Technology has decades of experience developing tailored, bespoke private cloud solutions that provide the best of both private and public clouds. We help organizations achieve their goals, from improving customer service to increasing internal efficiency to scaling growth. With the launch of Rackspace Technology SDDC Enterprise, Business, and Flex, customers across a wide array of industries, from healthcare and financial services to retail and automotive, can leverage highly targeted advice and resources to meet their private cloud needs.

“No two organizations’ cloud journeys are alike, so we want to provide customers with the ability to strategically manage their private cloud workloads to meet their individual needs,” added Prewitt.

For more information about the Rackspace Technology SDDC Enterprise, Business, and Flex Launch, click here.

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

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.