ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Rackspace Technology Announces Rapid Global Expansion of Services and Solutions for Google Cloud

SAN ANTONIO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced an expanded, long-term strategic partnership with Google Cloud with a focus on helping customers accelerate their digital transformations and adoption of Google Cloud infrastructure and solutions. As a part of the expanded partnership, the Rackspace Technology expert teams will build innovative solutions in the areas of Data, AI, Migrations, Application modernization, and Industry use cases to help customers realize the value of Google Cloud. Rackspace Technology will significantly expand its services capacity for Google Cloud customers by building a world-class Rackspace Technology Google Cloud services team.

The expanded strategic partnership is a 360-degree relationship that will generate new industry-focused solutions to accelerate customers’ cloud agendas. As part of this partnership, Rackspace Technology will invest in expanding its dedicated Google Cloud Business Unit across the globe, optimize spend, and focus on creating differentiated solutions, sales, and delivery experiences to help customers get the most out of Google Cloud investments.

“Building services capacity, solutions, and certified experts available to customers is critical to accelerating their digital transformations and solving their toughest challenges,” said Jim Anderson, VP, North America Partner Ecosystem and Channels at Google Cloud. “By expanding its solutions portfolio and services teams focused on Google Cloud, Rackspace Technology will create more value and innovation for customers and help businesses see value from their cloud investments more quickly.”

The Rackspace Technology dedicated experts will work with experts from Google Cloud to support customers with strategy and cloud-native development to accelerate innovation on Google Cloud. In addition, as part of the expanded partnership, Google Cloud is working with Rackspace Technology to develop a Rackspace Google Cloud Center of Excellence to train and develop Rackers to gain expertise on Google Cloud products and solutions.

"Google Cloud has been at the forefront of envisioning futuristic solutions and incorporates advanced, feature-rich platforms that drive the inclusion and infusion of emerging technologies," said D K Sinha, President Public Cloud at Rackspace Technology. "The Rackspace Technology and Google Cloud relationship can help companies accelerate their adoption of those technologies by building and managing applications to realize more value from Google Cloud. We are committing to training and certifying hundreds of cloud, AI, and data professionals around the globe. Together with Google Cloud, we will help customers and industries innovate and implement Google Cloud technology at scale."

“Worldwide end-user spending on public cloud services is forecast to grow 20.7% to total $591.8 billion in 2023, up from $490.3 billion in 2022”, according to Gartner®.

“Current inflationary pressures and macroeconomic conditions are having a push and pull effect on cloud spending,” said Sid Nag, Vice President Analyst at Gartner. “Cloud computing will continue to be a bastion of safety and innovation, supporting growth during uncertain times due to its agile, elastic, and scalable nature.” Source1: Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023.

Rackspace Technology is a three-time award-winning Google Cloud partner, holds three Google Cloud Specializations for Infrastructure, Cloud Migration, and SAP on Google Cloud, and eight Google Cloud Expertise designations for SAP, SAP on Google Cloud GC Databases, Modernize Legacy Applications, Application Development and Monitoring, Google Cloud Compute, VM Migration, and Data Warehouse Modernization.

Rackspace Technology has also been named a leader in the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem – Managed Services 2022 and the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem – Implementation and Integration Services 2022 due to the company's product portfolio and competitive strategies.

ISG is a leading global technology research and advisory firm.

For more information about the Rackspace Technology and GCP partnership, click here.

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

____________________________________

1 Gartner Press Release, Gartner Forecasts Worldwide Public Cloud End-User Spending to Reach Nearly $600 Billion in 2023, October 31, 2022.

GARTNER is the registered trademark and service mark of Gartner Inc., and/or its affiliates in the U.S. and/or internationally and has been used herein with permission. All rights reserved.


Primary 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.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.