Rackspace Technology, Inc. Stock Price, News & Analysis

Rackspace Technology (NASDAQ: RXT) has announced the launch of Rackspace Elastic Engineering for ERP, providing businesses with flexible access to ERP application experts from Oracle and SAP. This offering addresses common staffing challenges, allowing companies to redirect resources monthly without new service contracts. The service includes an assigned team of experts and access to Rackspace's platform tools across various cloud environments. Such initiatives are crucial as the demand for digitization and modern ERP systems escalates, particularly post-COVID-19.

Rackspace Technology (NASDAQ: RXT) announced a new episode of its Solve™ Cloud Talk podcast featuring Scott Strickland, EVP and CIO of Wyndham Hotels. The discussion emphasizes the importance of learning from past experiences in the fast-evolving tech industry. Key insights include the necessity of change management and the consequences of failing to adapt. Strickland shared how digital transformation led to innovation at Wyndham, advocating for a culture that prioritizes technology investment to stay competitive.

Rackspace Technology (NASDAQ: RXT) has launched Rackspace Elastic Engineering for Microsoft 365, a service designed to modernize email and productivity applications. This offering supports organizations of all sizes in maximizing their Microsoft 365 investment through a comprehensive approach that includes strategy, tech guidance, and security compliance. Key features include access to dedicated experts, consultative services, and a complimentary discovery session to streamline modernization efforts and enhance operational efficiency.

Rackspace Technology (NASDAQ: RXT) has launched Rackspace Data Freedom, enabling customers to disaggregate storage from public cloud compute, potentially reducing unpredictable egress charges. A recent IDC survey shows that 99% of technology executives face these fees annually. This new platform ensures data sovereignty and offers transit cost savings of up to 83% by using Rackspace's private network. The service is available globally, providing flexible connections to major cloud platforms such as AWS, Azure, and Google Cloud.

Rackspace Technology (NASDAQ: RXT) collaborated with the American Geophysical Union (AGU) to enhance its IT infrastructure's scalability and reliability. AGU faced challenges with an outdated Linux-based system that struggled to support over 70 WordPress sites and 70,000 content pieces. The partnership enabled AGU to consolidate content management and implement a robust security framework against cyberthreats. Successful migration to AWS and improved user experience were key achievements, facilitating seamless hosting for AGU's online conference with 25,000 attendees.

Rackspace Technology (NASDAQ: RXT) announced that Holly Windham, the Executive Vice President, Chief Legal and People Officer, has received the 2021 Women, Influence and Power in Law (WIPL) and Texas Diversity Council’s (TXDC) Top General Counsel awards. Windham is recognized for her leadership during crises and her commitment to promoting diversity in the legal and tech sectors. She will be honored at upcoming events, including the Women, Influence & Power in Law Conference on Oct. 7 and the Legal Diversity Summit on Sept. 28. Windham has been with Rackspace since 2017 and plays a key role in its Executive Leadership Team.

Rackspace Technology (NASDAQ: RXT) has launched Rackspace Elastic Engineering for Security, a service designed to enhance cybersecurity operations for organizations. This offering provides customers access to a dedicated team of security experts who work alongside internal teams to tackle complex security and compliance challenges. Key features include personalized security pods, compliance management, threat and vulnerability management, and advanced monitoring services. This initiative positions Rackspace as a unique player in providing cloud-aligned security expertise.