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 Launches OpenStack Flex Delivering Simple, Secure, Enterprise-grade On-demand Cloud Services

SAN ANTONIO, April 10, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid and AI solutions company, today announced the launch of Rackspace OpenStack Flex, an Enterprise-ready, on-demand, shared cloud service providing secure and open Infrastructure-as-a-Service (IaaS). Rackspace OpenStack Flex service includes 24x7 expert support and fully monitored and maintained infrastructure to facilitate adoption and ongoing applications operations, helping to bridge the gap between dedicated and multi-tenant cloud solutions.

"Rackspace OpenStack Flex makes managing workloads across the hybrid cloud landscape easier than ever. With our unified OpenStack-powered cloud platform, customers stay agile, compliant, and equipped to evolve in a fast-paced world," said Lance Weaver, Chief Product and Technology Officer of Rackspace Private Cloud. "Our team of experts is committed to delivering our Fanatical Support every step of the way, ensuring customers have the guidance and confidence in their technology stack."

Drawing on Rackspace’s expertise as co-creator of OpenStack with NASA, Rackspace OpenStack Flex is an open cloud service powered by proven OpenStack software to enable innovation, improve efficiency, and guarantee service levels for mission-critical applications. According to Rob Tiffany, Research Director of Cloud and Edge Infrastructure at IDC, “Over 80% of cloud buyers have plans to modernize their current cloud estate. This includes rethinking their technology choices and even who they do business with. Almost 90% of those buyers are in the process of deploying or are already operating a hybrid cloud." Beyond addressing the increasing demands for modernization, Rackspace OpenStack Flex provides a platform that effortlessly scales and facilitates future innovation. This solution alleviates vendor lock-in concerns, enhances cost control, and increases hybrid-cloud effectiveness.

Key Benefits
From industry-leading security to enterprise-level support, Rackspace OpenStack Flex delivers these benefits to modern organizations:

  • Open-source ecosystem: Avoid vendor lock-in and embrace a platform that supports innovation and community-driven enhancements.
  • Security and compliance: Protect your business with a cloud solution that meets industry-leading security.
  • Scalability and flexibility: Scale your infrastructure effortlessly to meet changing business demands without compromising performance.
  • Cost efficiency: Reduce costs with a license-free solution that offers a compelling Total Cost of Operation (TCO) while maintaining high performance and reliability.
  • Enterprise-level support: Access 24x7x365 expert support from Rackspace, ensuring your cloud operations run smoothly and efficiently.

Key Features
Drawing on years of continuous development and operating expertise, Rackspace has enriched this solution with these enhanced features:

  • High availability, fault tolerance, and resiliency: Achieve maximum uptime with built-in availability, a fault-tolerant infrastructure, and integrated backup and disaster recovery options.
  • Cost management: Gain control over your cloud spending by leveraging the cost advantages of an open-source, fully managed infrastructure that scales to meet your requirements.
  • Integrated orchestration: Simplify application deployment and management with integrated orchestration for operating systems, virtual machines, and containers.

Click here for additional information on OpenStack Flex.
  
About Rackspace Technology   
Rackspace Technology is a leading end-to-end, hybrid, 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

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.