Press Release

Rackspace Technology Recognized as a Leader in Frost Radar: Healthcare Enterprise Cloud Managed Services Providers, 2024 for Growth Potential and Innovation in Healthcare Enterprise

June 12, 2024

Designation awarded for providing top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization

SAN ANTONIO, June 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) – the leading end-to-end, hybrid multicloud, and AI solutions company, today announced Rackspace is named a Leader in the Frost Radar for Healthcare Enterprise Cloud Managed Service Provider, 2024. Frost & Sullivan screened over 150 managed cloud service providers globally, selecting 13 companies based on their growth potential and innovation in the healthcare enterprise-managed cloud services industry. The 13 selected companies are included on the Frost Radar and recognized for offering top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization. 

“Rackspace Technology stands out in our field due to our extensive experience as an Enterprise Cloud Managed Services Provider. Our Healthcare private cloud, for instance, provides a secure environment for storing, processing, sharing, and analyzing clinical information,” said Brian Lillie, President of Private Cloud for Rackspace Technology. “Our commitment to tailoring the most suitable private or public cloud for specific workloads sets us apart. When partnering with customers, we deeply appreciate the relationships we cultivate and are fully invested in their success.”

The Frost Radar report notes that Rackspace Technology has a strong reputation for managed cloud services, offering solutions across multiple cloud providers and allowing clients to choose the best platforms for their needs. Continuous innovation in Artificial Intelligence (AI), Edge computing, and cybersecurity is essential to stay ahead in the tech industry. Known as a trusted white-label enterprise cloud company, Rackspace Technology is relied upon by business and healthcare organizations worldwide for running mission-critical applications like Epic in the cloud. With the increasing adoption of cloud services globally, Rackspace Technology has growth opportunities by diversifying into emerging technologies and markets and forming partnerships with major cloud providers and other tech companies to expand their service offerings. Rackspace Healthcare Cloud enables secure storage, processing, sharing, and analysis of clinical information, with technology experts helping to select the best cloud options.

In 2023, Rackspace Technology launched several new offerings that led to being recognized in the Frost Radar report, including:

  • October 2023, Rackspace Technology launched Rackspace Managed Cloud (RMC), a comprehensive service for managing cloud environments across AWS, Azure, Google Cloud, Rackspace Private Cloud, and on-premises infrastructure.
  • September 2023, Rackspace introduced Rackspace Intelligent Co-workers for the Enterprise (ICE), a Generative AI system for enterprise applications.
  • August 2023, Rackspace launched a Hosted Private Cloud Generative AI Solution Architecture in collaboration with Dell Technologies and NVIDIA AI.
  • November 2023, Rackspace received the IoT Innovators Award from CRN for its contributions to the real-world data revolution. Rackspace Technology has strategic partnerships.

Click here for the Frost Radar for Global Healthcare Enterprise Cloud Managed Service Provider, 2024 report.

About Rackspace Technology 

Rackspace Technology is a leading end-to-end hybrid, multicloud, and AI technology services company. We 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


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.