Rackspace is proud to announce the joint signing of a memorandum of understanding between Rackspace, KDDI Corporation and iret, Inc. toward the provision of world-class quality multi-cloud professional and managed services in Japan.
Migration from legacy IT to the cloud is fueling growth in Japanese markets, as a growing number of mid-market and enterprise organizations seek digital transformation to increase innovation and expand customer services.
As public and private cloud services such as Amazon Web Services (AWS), Microsoft Azure, Google Cloud Platform and VMware continue to grow in Japan, so does the need for operators that can migrate, operate and optimise multiple cloud platforms with greater quality and performance.
The preliminary agreement between Rackspace, KDDI and iret, moving toward a strategic alliance, would enable companies based in Japan to take advantage of Rackspace’s unmatched technology offerings and renowned Fanatical Experience.
With operations around the globe, including in the U.S., Europe and China, Rackspace helps customers accelerate the value of the cloud at every phase of their digital transformation journey. Our experts manage applications, data, security and multiple clouds, serving as a trusted partner to help customers get to the cloud, innovate with new technologies and maximise their IT investments.
As part of the alliance, KDDI will provide services mainly around network and, together with iret, will lead the cloud services market in Japan. iret is a member of the KDDI Group, providing operational and maintenance services using AWS (cloudpack). It is the first Japanese company certified as an APN Premier Consulting Partner and has been the largest managed services provider in Japan since 2013.
This preliminary agreement is a significant step toward greater collaboration to provide Japanese-based customers with the highest-level of quality cloud services support, leveraging Rackspace’s Fanatical Experience know-how.
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.
