Rackspace Technology, Inc. Stock Price, News & Analysis

Rackspace Technology (NASDAQ: RXT) appointed Joseph Vito as Senior Vice President of Strategic Alliance Partnerships on January 27, 2026. Vito will lead the company’s global strategy for technology and channel partnerships to support cloud and AI solutions. He brings more than 25 years of experience across financial services, life sciences, energy, and consumer manufacturing, and most recently served on the AWS Global Business and Advisory teams guiding large organizations through cloud adoption. Prior roles include transformation and leadership positions at Dell-EMC, UBS AG Global Data Services, Dun & Bradstreet, US Trust, and Merrill Lynch. Vito holds a BA in Managerial Economics from Union College and a Master’s in Finance from Pace University.

Rackspace Technology (NASDAQ: RXT) announced on Jan 16, 2026 that its UK Sovereign Services has achieved VMware Sovereign Cloud Partner Status. The designation affirms Rackspace’s ability to store, process, and protect UK organisations’ sensitive data using a fully managed private cloud built on VMware technologies and operated from UK-based data centres. The service emphasises data sovereignty, jurisdictional control, high availability, resilient networking, and integrated security controls, and targets UK public sector, regulated financial services, and healthcare organisations seeking strict control over data location and processing.

Rackspace Technology (NASDAQ: RXT) announced on Jan 14, 2026 that its UK Sovereign Services has received the VMware Sovereign Cloud certification. The certification verifies Rackspace can store, process, and protect sensitive UK data with full data sovereignty and jurisdictional control. Rackspace's offering is a fully managed private cloud built on VMware, operated from UK-based data centres, and aimed at UK public sector, regulated financial services, and healthcare organisations to simplify operations and accelerate cloud adoption.

Rackspace Technology (NASDAQ: RXT) was positioned as a leader in three quadrants of the 2025 ISG Provider Lens Multi Public Cloud Services Report for the U.S.: Consulting and Transformation Services — Midmarket; Managed Services — Midmarket; and FinOps Services and AI-driven Optimization.

The report evaluates providers on AI, automation, Generative AI, security, and advanced FinOps frameworks for multicloud modernization, management, and scale. Rackspace emphasized AI-led automation, operate-and-transform delivery, control-plane tooling, cost reduction, rapid recovery, and improved customer experience while focusing on midmarket clients. The report is published by Information Services Group (ISG).

Rackspace Technology (NYSE:RXT) announced a rapid cloud migration partnership with Niterra to move the company's global SAP ECC environment to Google Cloud. The program consolidated three on-premises data centers (Dubai, Johannesburg, Frankfurt), transferred 4TB of SAP data across development, QA, production and reporting systems, and completed the SAP migration in two months—described as less than half the typical timeline—while maintaining uninterrupted operations for logistics and warehouse systems. Rackspace implemented a secure Google Cloud landing zone, optimized network performance, and provides ongoing managed services via Rackspace Modern Operations and Application Services for SAP. Further modernization projects are under discussion.

Rackspace Technology (NASDAQ: RXT) was named a Leader in four U.S. quadrants of the 2025 ISG Provider Lens AWS Ecosystem Partners Report: AWS Professional Services, AWS Managed Services, AWS Enterprise Data Modernization and AI Services, and AWS SAP Workloads. Rackspace was also named a Leader in two German quadrants: AWS Professional Services and AWS Managed Services. The report benchmarks AWS-focused providers across migration, modernization, AI-driven innovation, and SAP workload management.

ISG highlighted Rackspace’s workload-aware migration, application modernization, cloud-native data services and AI industrialization via its Foundry for AI by Rackspace (FAIR), RITA and ICE assets. Rackspace reports more than 2,700 AWS certifications worldwide and 19 AWS competencies, including Generative AI.

Rackspace Technology (NASDAQ: RXT) was named 2025 AWS Collaboration Partner of the Year for its joint work with MontyCloud, recognizing collaboration that addressed customer scaling and security challenges.

The partnership delivered measurable customer outcomes: 60% faster deployment cycles, 45% improvement in operational efficiency, 92% reduction in configuration issues, and a 35% boost in developer productivity. Rackspace was also a finalist in two additional AWS award categories: Data and Analytics Consulting Partner of the Year and Public Sector Solution Provider Program Partner of the Year.

Rackspace Technology (NASDAQ: RXT) on Nov 17, 2025 appointed Lata Varghese as Senior Vice President, Business Transformation, and Phani Kishore Burre as Senior Vice President, Services and Delivery for the Public Cloud business unit. The hires bring multi‑decade cloud, IT transformation, and AI delivery experience from firms including Cognizant, Randstad Digital, Brillio, and roles managing global P&L and digital infrastructure practices.

Leadership will focus on strengthening Rackspace's operating model, execution, and turning AI and hybrid cloud into practical client outcomes.

Rackspace Technology (NASDAQ: RXT) launched Rackspace AI launchpad on November 12, 2025, a secure managed service to help enterprises evaluate, pilot and deploy AI workloads.

The service uses Rackspace AI Anywhere private cloud, offers managed GPU infrastructure powered by NVIDIA GPUs, Kubernetes and preinstalled AI/ML frameworks, onboarding support, and is deployable in third-party or co-location data centers. Rackspace describes a phased path: proof of concept, pilot, and production. A Compass healthcare case study reported an 80% reduction in manual review time after moving AI workloads from pilot to production.