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Rackspace Technology Wins 2020 Google Cloud Breakthrough North America Partner of the Year Award

July 20, 2021

Rackspace Technology Wins 2020 Google Cloud Breakthrough North America Partner of the Year Award

Rackspace Technology Wins 2020 Google Cloud Breakthrough North America Partner of the Year Award

SAN ANTONIO – July 20, 2021 – Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced that it has received the 2020 Google Cloud Breakthrough North America Partner of the Year award.

Rackspace Technology was recognized for the company’s achievements in the Google Cloud partner ecosystem, helping provide joint customers with the support engine for Google Cloud’s platform. For example, GitLab, the DevOps platform delivered as a single application used by millions of users, SELECTed Rackspace Technology to drive fast application development on Google Cloud.

“Working with Google Cloud and Rackspace Technology lets us offer customers three essential capabilities for digital transformation,” says Brandon Jung, Vice President of Alliances at GitLab. “We help customers develop and quickly ship their software, Google Cloud makes sure that their code can run, scale, and stay available, and Rackspace Technology provides the support engine for the entire platform.”

“Google Cloud and Rackspace Technology are aiming to lower the barrier of adoption for customers looking to architect scalable, cloud-native solutions,” said Jeff DeVerter, CTO, Solutions at Rackspace Technology. “Rackspace Technology can help companies accelerate their digital transformation and realize more value from Google Cloud.”

“We’re delighted to recognize Rackspace Technology as our Global Breakthrough Partner of the Year, North America, based on their rapid growth with Google Cloud and their commitment to customer success,” said Carolee Gearhart, VP, Worldwide Channel Sales at Google Cloud. “These annual awards recognize the significant commitment our partners like Rackspace Technology have made to supporting customers’ digital transformations, as well as their extensive technical capabilities across Google Cloud solutions and products.”

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.

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.