• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Seattle Children's Signs a Transformative Multi-Year Managed Cloud Agreement with Rackspace Technology

By: Rackspace US, Inc. via GlobeNewswire
February 20, 2025 at 15:30 PM EST

SAN ANTONIO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced a significant partnership with Seattle Children's Hospital. Through the 10-year, multi-million-dollar agreement, Rackspace will provide an end-to-end managed cloud solution to transform Seattle Children’s data center operations and modernize their infrastructure for clinical and non-clinical workloads, enabling them to shift to Rackspace’s state-of-the-art Healthcare Cloud. The comprehensive managed cloud service agreement will deliver enhanced agility, reliability, scalability, and security while significantly reducing IT costs for Seattle Children’s. The savings will enable Seattle Children’s to continue focusing on their mission of enhancing patient care and advancing pediatric research initiatives.

“Seattle Children's is committed to our mission of delivering hope, care, and cures to help every child lead a healthier, more fulfilling life,” said Dr. Zafar Chaudry, Senior Vice President, Chief Digital Officer, and Chief AI and Information Officer at Seattle Children's. “The integration of cutting-edge technology is a critical component to delivering exceptional patient care. This collaboration with Rackspace will not only streamline our IT operations but also create capacity for resources to expand our services and enrich the patient experience.”

Rackspace deployed its Cost and Productivity Optimization (CPO) assessment framework, where Seattle Children’s and Rackspace evaluated spending across IT infrastructure and data center expenditures. The assessment revealed that Rackspace’s data center transformation solution would simplify operations, phase out legacy technologies, and create a standardized managed services model across private and public clouds. Leveraging its standardized operating model combined with deep expertise in hybrid cloud environments, Rackspace will manage Seattle Children's workloads on its private cloud as well as on major platforms like Azure and AWS.

“It is an honor to partner with Seattle Children's in support of its vital mission, ultimately improving patient care and fostering advancements in pediatric research,” said Amar Maletira, Chief Executive Officer of Rackspace Technology. “This agreement lays the foundation for a modern IT infrastructure on Rackspace’s Healthcare Cloud, blending managed services with hybrid cloud solutions to enhance security, efficiency, and operational resilience.”

PV SubbaRao, Senior Vice President of Global Healthcare and Life Sciences at Rackspace, added, “Our collaboration will be a seamless process, focused on reducing costs and aligning with Seattle Children's mission and future growth. Leveraging hybrid cloud solutions across diverse locations ensures availability, performance, and automation, allowing Seattle Children's to maximize its technological capabilities while driving innovation on behalf of the patients and families it serves.”

About Rackspace Technology    
Rackspace Technology is a leading end-to-end, hybrid cloud and AI solutions 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


Primary Logo

More News

View More
3 Stocks Flying Under the S&P 500 Radar
Today 17:11 EDT
Via MarketBeat
Topics Artificial Intelligence ETFs Stocks
Tickers AAPL AEVA AMD GOOGL
Qualcomm's Next Gear: A Growth Story Wall Street Might Be Missing
Today 17:08 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers AWEVF QCOM
3 Cloud Build-Out Stocks Behind the AI Infrastructure Boom
Today 16:39 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers AMZN ANET META MSFT
ServiceNow: The 2nd Wave of AI Spending Is Here
Today 13:20 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers NOW
Tractor Supply Revs Up on Forecast Hike and Bullish Signals
Today 12:10 EDT
Via MarketBeat
Tickers TSCO
Site Logo
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap