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 partnered with Zeotap to enhance network infrastructure and optimize processes. This collaboration has led to a 40% increase in product delivery speed and an 80% reduction in operational load. Zeotap, requiring support due to rapid growth, migrated to Google Cloud Platform to handle extensive data and numerous pipelines. Rackspace implemented a 24/7 support ecosystem and focused on operational streamlining, ensuring compliance and best practices. These improvements are expected to create a more predictable business operation for Zeotap.
Rackspace Technology (NASDAQ: RXT) announced the Solve Conference 2021 for August 3-4, focusing on immediate business technology solutions. The event includes a free pre-conference for technical skill improvement, featuring certification courses and cybersecurity training. Keynote speakers include Bernard Marr discussing technology trends and Guy Kawasaki on innovation strategies. The conference aims to address common operational challenges and provide actionable insights for businesses using current technology, aligning with the theme Real Technology Solutions, Today.
Rackspace Technology (NASDAQ: RXT) has partnered with iPensions Group to deliver private cloud infrastructure and security solutions, enhancing the latter's technology capabilities in the Self-Invested Personal Pensions (SIPP) market. This collaboration aims to support iPensions’ growth and innovation in digital services, ensuring robust and scalable solutions for their clients. iPensions Group selected Rackspace for its reputation and 24/7 support, which allows them to focus on developing digital solutions to meet customer demands.
Rackspace Technology (NASDAQ: RXT) announced enhancements to its Cloud Native Development (CND) Professional Services aimed at helping customers build modern applications. These capabilities range from ideation and user experience design to development and deployment, leveraging two decades of industry expertise. Rackspace's CND services support migrations from legacy systems to cloud-native environments, aiming to improve efficiency and reduce costs. A notable customer use case involves Innovyze, which partnered with Rackspace to develop a cloud-based SaaS solution, Info360.com, successfully addressing the real-time operational needs of utilities.
Rackspace Technology (NASDAQ: RXT) has announced the successful migration of BFC Group Holdings' core applications to Amazon Web Services (AWS). This strategic shift enables BFC to enhance digital service delivery, eliminating the complexities of in-house data management. The transition resulted in improved performance metrics, including transaction processing speed and system uptime, which increased from 99.95% to 99.99%. BFC aims to leverage this robust platform to further its digital transformation efforts.
Rackspace Technology (NASDAQ: RXT) will host a webinar titled Putting the Customer at the Center of Digital Transformation on June 29 at 10:00 am CT. The session aims to educate organizations on adapting to evolving customer experiences through digital transformation.
Industry analyst Jaimy Szymanski will present key principles, challenges, and strategies for enhancing customer engagement and innovation. A panel discussion will follow, featuring Rackspace and Dell Technologies executives, focusing on agility and modernization in customer experience.
Rackspace Technology (NASDAQ: RXT) has launched Rackspace DataOps, building on its Rackspace Elastic Engineering model to enhance data delivery for businesses. This service aims to accelerate trusted, high-quality data access for business leaders and data scientists through agile methods. A recent survey indicates that 83% of companies are investing in DataOps, highlighting its importance in optimizing workflows and enabling innovation. The service offers a dedicated pod of data specialists, flexible pricing, and ongoing innovation to support businesses in their data-centric initiatives.
Rackspace Technology (NASDAQ: RXT) partnered with MDC Partners to consolidate data expenditures under a single contract, enhancing operational efficiency and leveraging buying power. This collaboration transitioned MDC's decentralized AWS environment into a cohesive solution in under nine months, significantly reducing administrative burdens. Key figures include the reduction of multiple agency billing and increased visibility into overall spending. The strategic use of AWS Optimizer+, CloudHealth, and Managed Public Cloud facilitated a swift digital transformation for MDC's global operations.
Rackspace Technology (NASDAQ: RXT) announced a collaboration with Pure Storage to enhance its storage-as-a-service (STaaS) using Google Anthos. This partnership focuses on providing companies with on-premises performance in a cloud-like environment, benefiting over 8,000 Pure Storage customers across various sectors, including finance and healthcare. The teams achieved a high-performing reference architecture in just 45 days, significantly faster than expected. This effort aims to streamline data management and integration for Fortune 500 companies, enhancing their operational efficiency.
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