Rackspace Technology Expands Strategic Relationship with AWS

Rhea-AI Summary

Rackspace Technology (NASDAQ: RXT) has announced an extended Strategic Collaboration Agreement with Amazon Web Services (AWS), marking a significant multi-year investment aimed at enhancing customer value and innovation. This agreement follows a remarkable 250% growth in Rackspace's AWS business over the past three years and being named the 2021 AWS Migration Partner of the Year. The collaboration will focus on accelerating applications and data modernization, expanding Rackspace's Modernization Center of Excellence, and enhancing cloud service offerings through dedicated teams.

Positive

• Rackspace's AWS business grew by 250% over the last three years.
• Rackspace was named the 2021 AWS Migration Partner of the Year.
• The collaboration aims to accelerate customer modernization initiatives.
• Rackspace has over 2,000 AWS customers and 1,000+ dedicated AWS professionals.
• 81 published AWS case studies and 15 AWS Competencies demonstrate expertise.

Negative

• None.

Multiyear strategic collaboration agreement drives customer value and innovation, and strengthens AWS’s position as Rackspace Technology’s preferred cloud provider

SAN ANTONIO, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology^® (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company is extending its Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) with an additional multi-year joint investment to drive customer value and innovation. The expanded agreement comes after Rackspace Technology’s AWS business has grown by 250% over the past 3 years and was named 2021 AWS Migration Partner of the Year (US & Canada). 

“AWS and Rackspace Technology have jointly launched over 1,000 cloud projects enabling clients to fundamentally change how their businesses work,” said Neil Emerson, Chief Commercial Officer at Rackspace Technology. “This agreement continues the commitment of both companies together to provide a full stack of cloud services to assist customers with becoming cloud-first businesses to accelerate their digital transformation, innovate faster, and create value. With AWS’s renowned customer obsession and the Rackspace Fanatical Experience™, we share a common culture of delivering the right outcomes for our clients.”

The SCA includes investment to help customers accelerate their applications and data modernization initiatives through the global expansion of Rackspace Technology’s Modernization Center of Excellence, which builds on their years of expertise working with the AWS Migration Acceleration Program (MAP). The two companies also will collaborate to help customers embrace a cloud-built approach by expanding Rackspace Technology’s Elastic Engineering, a service designed to help customers build and operate modern cloud environments while delivering ongoing innovation and transformation, in addition to world-class 24x7x365 operations.

In addition, AWS and Rackspace Technology also have established dedicated teams across both companies to support customers with AWS-specific strategy, cloud-built development, containers, application modernization, data, and workload management.

Rackspace Technology has over 2,000 AWS customers and 1,000+ dedicated AWS professionals. Their commitment to customer success is demonstrated by 81 published AWS case studies, and 15 AWS Competencies and 13 AWS Service Delivery designations elevate the company’s ability to provide expertise across the full spectrum of cloud services on AWS. In addition, Rackspace Technology holds 2,500+ AWS accreditations.

Now more than ever, customers need to accelerate their journey to the cloud. Rackspace Technology helps customers realize the power of the cloud faster by delivering end-to-end services including advisory, design, migration, management, and optimization across applications, data, and security.

To learn more about the AWS and Rackspace Technology collaboration, click here.

About 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

FAQ

What is the significance of Rackspace's collaboration with AWS?

The collaboration emphasizes Rackspace's commitment to enhancing customer value and innovation through a multi-year investment.

How much has Rackspace's AWS business grown in recent years?

Rackspace's AWS business has experienced a remarkable growth of 250% over the past three years.

What is the role of the Modernization Center of Excellence in the collaboration?

The Modernization Center of Excellence will focus on accelerating applications and data modernization initiatives for customers.

How many AWS customers does Rackspace Technology serve?

Rackspace Technology serves over 2,000 AWS customers.

What recognition did Rackspace receive in 2021 related to AWS?

Rackspace was named the 2021 AWS Migration Partner of the Year for the US and Canada.