Rackspace Technology Awarded a New Cloud Cooperative Services Contract by Texas Department of Information Resources
Contract provides a streamlined procurement process and accelerates the delivery of services to the State of Texas
SAN ANTONIO, May 30, 2023 – Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions provider, today announced that it has been awarded a new Cloud Cooperative Services (DIR Contract #DIR-CPO-5186) contract with the Texas Department of Information Resources (DIR) Cooperative Contracts Program.
The contract provides the State of Texas the ability to purchase Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Miscellaneous as a Service (MaaS), Cloud Broker, and Related Services through a streamlined procurement process and accelerates the delivery of services for Rackspace Technology.
“Since Rackspace Technology has been evaluated, SELECTed and awarded to do business with Texas government entities, public sector customers in Texas will have the ability to procure cloud services without having to go through a public bid process,” said Rick Rosenberg, Vice President, and GM of Rackspace Technology Government Solutions. “The accelerated process will allow customers to simply buy from Rackspace Government Solutions directly, in full statutory compliance while receiving the benefit of accelerated product and solution delivery.”
In 2020, Rackspace Technology was awarded a contract to provide multicloud solutions to support the state’s overall IT modernization effort. Rackspace Technology provided DIR with operational, technical and security solutions across DIR’s Data Center Services hybrid public clouds. Rackspace Technology also leveraged its strong relationships with DIR cloud service providers Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP) to expand DIR’s cloud strategy.
“DIR’s technology modernization efforts resulted in the delivery of services to the Texas government and further empowered the people of Texas with the responsive, efficient and cost-effective technology solutions,” added Rosenberg.
For more information on Rackspace Technology Government Solutions 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.
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.
