STOCK TITAN

Rackspace Technology Activates Data for Modern Enterprises with its Announcement of Rackspace DataOps

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Rackspace Technology (NASDAQ: RXT) has launched Rackspace DataOps, building on its Rackspace Elastic Engineering model to enhance data delivery for businesses. This service aims to accelerate trusted, high-quality data access for business leaders and data scientists through agile methods. A recent survey indicates that 83% of companies are investing in DataOps, highlighting its importance in optimizing workflows and enabling innovation. The service offers a dedicated pod of data specialists, flexible pricing, and ongoing innovation to support businesses in their data-centric initiatives.

Positive
  • Launch of Rackspace DataOps expands on Rackspace Elastic Engineering with agile data delivery services.
  • 83% of companies are investing in DataOps, indicating strong market demand.
  • Offers a dedicated team of data specialists to streamline data processes.
  • Provides flexible, tiered pricing to accommodate varying business needs.
  • Enables advanced AI and machine learning capabilities for innovative solutions.
Negative
  • None.

Offering expands on recently launched Rackspace Elastic Engineering by leveraging the power of agile methods to deliver business breakthroughs

SAN ANTONIO, June 15, 2021 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, announced today the launch of Rackspace DataOps – expanding its new Rackspace Elastic Engineering model to Data. Customers can now leverage process maturity provided by Rackspace Technology, agile delivery and Fanatical Experience™ to accelerate the delivery of trusted, high-quality data to business leaders, data scientists, employees, partners, and applications.

Delivering the right data to the right application at the right moment is foundational to driving innovation, including establishing new business models and revenue streams, engaging with customers, gaining deep insights into supply chains, and optimizing workflows.

"83% of respondents to 451 Research’s Voice of the Enterprise (VotE): Data & Analytics, Data Management & Analytics 2020 survey stated that their company is at some stage of investment in DataOps, with more than a third having defined and established a DataOps strategy," according to Matt Aslett, Research Director for 451 Research, part of S&P Global Market Intelligence.

Data technologies are evolving quickly, making traditional long-term planning both risky and inefficient. Investing in DataOps accelerates the design, development, and deployment of new data streams into the data architecture so teams can rapidly implement and frequently update solutions based on evolving business needs.

Rackspace Technology achieves predictable delivery and change management of data, data models and related artifacts with its Rackspace Elastic Engineering for Data, the foundational service of Rackspace DataOps. Rackspace Elastic Engineering for Data provides access to a pod of data specialists via a modern managed service model that improves operational efficiency and enables innovation by offering the following:

  • “Do with” Approach: Our Rackspace Elastic Engineering for Data pod works in an agile, sprint-based model right alongside your team.
  • Consistent Team: No matter which tier of hours you use each month, you will always work with the same pod that knows you, your environment and your business.
  • Flexible, Tiered Pricing: Purchase ‘fractional access to your pod via straightforward hours-based tiers and scale up and down monthly should your business needs change.
  • Multi-faceted skill sets: The Rackspace Elastic Engineering Pod for Data consists of an engagement manager, data architects and engineers working together as one unit.
  • Ongoing Innovation: Rackspace Technology leverages leading cloud platforms tools and frameworks to deliver progressive improvement, enablement and transformation.

Data Pipeline Management for 24/7 data pipeline monitoring, management and support is available as an optional add-on service for Rackspace Elastic Engineering for Data.

“Rackspace DataOps Managed Services provide an agile and automated, process-oriented methodology combined with world-class support to improve the quality and reduce the cycle time of data analytics,” said Jeff DeVerter, CTO Solutions at Rackspace Technology. “This is important for our customers because it drives greater value from data by empowering business leaders with the possibilities of both live and predictive analytics from across their organization.”

In addition to providing greater value from data, Rackspace DataOps enables advanced AI and machine learning capabilities that open the door to market differentiating innovation, prescriptive insights, intelligent applications, and data monetization.

Engage in a complimentary Discovery Session to learn how a modern data platform can accelerate your path to becoming a truly data-driven organization.

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
Rackspace Technology Corporate Communications
publicrelations@rackspace.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11df518a-07ba-45b1-89a1-5721a2d68a3f


FAQ

What is Rackspace DataOps?

Rackspace DataOps is a new service launched by Rackspace Technology that enhances data delivery and management using agile methodologies.

How does Rackspace DataOps benefit businesses?

It accelerates the delivery of high-quality data to business leaders, enabling innovation and improved decision-making.

What percentage of companies are investing in DataOps?

According to a 451 Research survey, 83% of companies are at some stage of investment in DataOps.

What expertise does Rackspace DataOps provide?

Rackspace DataOps offers a dedicated team of data specialists, including data architects and engineers, to support data initiatives.

How can I engage with Rackspace DataOps?

Potential customers can participate in a complimentary Discovery Session to learn about modern data platforms.

Rackspace Technology, Inc.

NASDAQ:RXT

RXT Rankings

RXT Latest News

RXT Stock Data

565.51M
197.45M
2.87%
84.56%
2.35%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SAN ANTONIO