Welcome to our dedicated page for Rackspace Technology news (Ticker: RXT), a resource for investors and traders seeking the latest updates and insights on Rackspace Technology stock.
Rackspace Technology, Inc. (RXT) delivers cutting-edge managed cloud and IT solutions, empowering businesses to navigate complex digital transformations. This page provides real-time access to official announcements and strategic developments from the company.
Investors and industry professionals will find curated updates on RXT's operational milestones, including cloud infrastructure innovations, strategic partnerships, and financial performance. Track announcements about AI-driven service expansions, security enhancements, and open-source initiatives that shape the company's market leadership.
Content spans earnings disclosures, technology deployments, executive insights, and customer success stories. All materials are sourced directly from RXT to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of Rackspace Technology's evolving role in hybrid cloud ecosystem optimization and enterprise IT modernization.
Rackspace Technology (NASDAQ: RXT) has been recognized as a leader in two categories by the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem 2022, specifically in Managed Services and Implementation and Integration Services. This acknowledgment is based on an evaluation of 100 providers, highlighting Rackspace's strong market presence and comprehensive service offerings. The reports suggest that Rackspace's innovative capabilities help businesses leverage advanced technologies more effectively within Google Cloud Platform (GCP).
Rackspace Technology (NASDAQ: RXT) has appointed Dharmendra (D K) Sinha as President of its Public Cloud Business Unit, effective immediately. Sinha joins from Cognizant, where he played a key role in expanding annual revenues from $25M to $16B over 24 years. He aims to accelerate Rackspace's growth strategy, focusing on public and private cloud markets. With his proven leadership and experience, Sinha is expected to enhance Rackspace's position as a leading multicloud solutions provider.
Rackspace Technology (NASDAQ: RXT) has announced its upgrade to a GOLD partnership with Datadog (NASDAQ: DDOG), enhancing its multicloud technology solutions. This partnership enables Rackspace to utilize Datadog's observability services, crucial for diagnosing application environment issues and minimizing operational disruptions for clients. The platform offers over 500 integrations, comprehensive visibility into infrastructure performance, and various monitoring tools. This strategic move aligns with the increasing demand for efficient cloud application management.
Rackspace Technology (NASDAQ: RXT) will release its Q2 2022 financial results on August 9, 2022, after market close. CEO Kevin Jones and CFO Amar Maletira will host a conference call at 5:00 PM ET to discuss the results. The call will be accessible via Zoom and telephone, with a replay available on the company’s website. Rackspace Technology provides end-to-end multicloud services, assisting clients in modernizing applications and adopting innovative technologies.
Rackspace Technology (NASDAQ: RXT) has announced its new Infrastructure as Code (IaC) Security Services in collaboration with oak9, aimed at enhancing cloud-native application security throughout the software development lifecycle.
This offering allows businesses to integrate security into their DevOps processes efficiently, automatically identifying and addressing security gaps in real-time. Key benefits include secure design from the start, seamless integration with CI/CD pipelines, continuous monitoring of cloud environments, and proactive workflow notifications for developers.
Rackspace Technology (NASDAQ: RXT) has launched v2 of its Cloud DNS API, enhancing speed, scalability, and accuracy for developers. This new API operates synchronously, improving response times to mere seconds, while its architecture supports greater volume and faster publishing times. Additionally, it improves validation of DNS records, reducing common errors. The previous version remains available for use. According to Chief Information Officer, Juan Riojas, the updates aim to streamline the DNS management process for customers.
Rackspace Technology (NASDAQ: RXT) announced its partnership with Grupo Milenio to migrate to a more reliable AWS Cloud architecture. This digital transformation aims to enhance the delivery of breaking news across Mexico during high-traffic periods.
The upgrade has reportedly increased uptime, allowing for dependable content delivery. Grupo Milenio, comprising various media platforms, sought this migration for improved performance without raising operational costs.
Rackspace Technology (NASDAQ: RXT) announced a strategic partnership with VMware to deploy its Secure Access Service Edge (SASE) platform in 20 global markets. The deployment will utilize Rackspace's Data Center in a Box solution, starting with 15 data centers and expanding to five additional sites across North America, South America, Europe, Asia Pacific, the Middle East, and Africa. This collaboration aims to enhance cloud security and streamline services for businesses.
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