Press Release

Rackspace Technology Becomes First Multicloud Service Provider to Develop Partnership Agreement with HTCE’s AI Innovation Center

April 13, 2023
PDF Version

HTCE, deemed "the smartest square km in Europe," comprises an ecosystem of nearly 300 tech companies and is home to more than 12,500 innovators, researchers, and engineers

SAN ANTONIO, April 13, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced it has become the first managed service provider to develop a partnership agreement with the AI Innovation Center of High Tech Campus Eindhoven (HTCE). HTCE is deemed "the smartest square km in Europe" which is an ecosystem of nearly 300 tech companies and home to more than 12,500 international researchers, developers, businesspeople, innovators, and engineers devoted to knowledge sharing. HTCE is a global tech incubator in Health & Vitality, Sustainability, Applied Intelligence, Smart Environments and Connectivity, and Software & Platforms.

Rackspace Technology will be part of the Artificial Intelligence (AI) Innovation Center of HTCE, which opened in April 2021 to industrialize AI in the Brainport Eindhoven region in the Netherlands. The AI Innovation Center and its partners help companies start and accelerate their AI journey. To achieve this goal, the AI Center focuses on raising knowledge through events and professional education, facilitating the AI ecosystem and infrastructure, and offering relevant services to drive AI projects and applications by regional organizations. The AI Center is home to 13 AI-specialized companies and a wide variety of industrial and knowledge partners and was co-founded by Philips, Signify, NXP, and ASML.

"We are excited to develop a partnership with HTCE and the AI Innovation Center and look forward to sharing knowledge on AI through the shared workspaces and events and incubating new projects to support organizations who are seeking help with driving AI, cloud projects, and applications in the region," said D K Sinha, President Public Cloud for Rackspace Technology. "All activities within this partnership will focus on three pillars: raising the level of AI knowledge, facilitating the ecosystem, driving projects, and offering relevant services to boost the adoption of AI while connecting companies, professionals, entrepreneurs, and students." 

"HTCE is an innovative ecosystem that brings together various partners, united in their mission to leverage cutting-edge technology to solve pressing social challenges. Especially at the Innovation Hubs like the AI Innovation Center, each partner contributes their unique expertise, technologies, and services to accelerate new technology developments," said Paul van Son, Founder of the AI Innovation Center, and Innovation Manager at HTCE. "We are thrilled to welcome Rackers to this ecosystem to jointly make more companies benefit from the potential of AI." 

Upcoming HTCE Rackspace Technology Events 
The first HTCE Rackspace Technology events are kicking off on 9th May 2023, at the AI Innovation Center in association with AWS. The single-day event will consist of two sessions: 

Business – Breakfast Session with a moderated roundtable discussion (± 90 min, 8:30-10:30 hrs.)
Click here for additional details.

Technical – Afternoon Session (1400-1730hrs) AWS Gameday Session Hosted by Justin Kuss, Vice President of Product for Rackspace Technology
Click here for additional details.

To register for the events or for additional information click here.

About High Tech Campus Eindhoven (HTCE)/ AI Innovation Center
High Tech Campus Eindhoven (HTCE), the smartest square km in Europe, is an ecosystem of nearly 300 high tech companies. It is home to more than 12,500 innovators, researchers and from multinationals such as Philips, NXP and Intel, small and medium-sized high-tech companies, research institutes, service companies, scale-ups and startups. They are working together on the technologies and products of tomorrow and have made High Tech Campus Eindhoven one of the global hotspots in the field of Health & Vitality, Sustainability, Applied Intelligence, Smart Environments & Connectivity and Software & Platforms.

The AI Innovation Center, established by High Tech Campus Eindhoven, is on a mission to industrialize AI in the Brainport Eindhoven region. As an incubator and accelerator for Artificial Intelligence applications, the Center supports companies in starting and accelerating their AI journey. Currently, it is home to 13 AI companies and plays a crucial role in the regional applied AI community. Through connecting companies, professionals, entrepreneurs, and students, hosting events, educational initiatives, and incubating new projects, the AI Innovation Center strives to foster collaboration, knowledge-sharing, and drive innovation in the AI ecosystem.

About Rackspace Technology
Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers' cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.

Media Contact
Natalie Silva
publicrelations@rackspace.com


Consulting & Advisory Services
Professional Services
Managed Services
Quick Links
© 2024 Rackspace Technology, Inc.
×

You are using an outdated browser and are receiving a degraded experience. Please switch to the latest version of Microsoft Edge, Mozilla Firefox, Safari or Google Chrome. [Dismiss]

Disclaimer

Please note that you are now entering a website directly or indirectly maintained by a third party (the "External Site") and that you do so at your own risk.

Rackspace Technology, Inc.  (“RXT”) has no control over the External Site, any data or other content contained therein or any additional linked websites. The link to the External Site is provided for convenience purposes only.

By clicking “Accept” you acknowledge and agree that neither RXT nor third party provider Virtua Research, Inc. (“Virtua) is responsible, or accepts or assumes any responsibility or liability whatsoever for, the content, the data or the technical operation of the Linked Site. Further, by entering the External Site, you also acknowledge and agree that you completely and irrevocably waive any and all rights and claims against RXT and Virtua and further acknowledge and agree that in no event shall RXT or Virtua, its officers, employees, directors and agents be liable for any (i) indirect, consequential, incidental, special, compensatory or punitive damages, (ii) damages for loss of income, loss of business profits, business interruption, loss of data or business information, loss of or damage to property, (iii) claims of third parties, or (iv) other pecuniary loss, arising out of or related to this disclaimer or the External Site

By entering the External Site, you further acknowledge and agree that the disclaimer of warranties and limitations of liability set out in this disclaimer shall apply regardless of the causes, circumstances or form of action giving rise to the loss, damage, claim or liability, even if such loss, damage, claim or liability is based upon breach of contract (including, without limitation, a claim of fundamental breach or breach of a fundamental term), tort (including, without limitation, negligence), strict liability or any other legal or equitable theory, and even if RXT and Virtua are advised of the possibility of the loss, damage, claim or liability. The waiver and release specifically includes, without limitation, any and all rights and claims pertaining to the processing of personal data, including but not limited to any rights under any applicable data protection statute(s).

If in any jurisdiction, any part of this disclaimer is held to be unenforceable by a court of competent jurisdiction, such part of this disclaimer shall be restricted or eliminated to the minimum extent and the remaining disclaimer shall otherwise remain in full force and effect.

Please note the information presented is deemed representative at the time of its original release. Changes in historical information may occur due to adjustments in accounting and reporting standards & procedures.

Non-GAAP Information

In addition to disclosing results determined in accordance with GAAP, RXT may also disclose certain non-GAAP and pro forma non-GAAP results of operations, including certain ratios, operational and miscellaneous data, as well as net income, diluted earnings per share, operating expenses, and operating income that make certain adjustments or exclude certain charges and gains that are outlined in the schedules included in this website. Management believes that this non-GAAP and pro forma non-GAAP information provides investors with additional information to assess RXT operating performance by making certain adjustments or excluding costs or gains and assists investors in comparing our operating performance to prior periods. Management uses this non-GAAP and pro forma non-GAAP information, along with GAAP information, in evaluating its historical operating performance. RXT and Virtua also take no responsibility for third party pricing data provided for informational purposes and certain ratio results formulated from the provided third party pricing data.

The non-GAAP information is not prepared in accordance with GAAP and may not be comparable to non-GAAP information used by other companies. The non-GAAP information should not be viewed as a substitute for, or superior to, other data prepared in accordance with GAAP.

 

Accept
Decline