STOCK TITAN

Rackspace Technology migrates the British Heart Foundation’s online gift shop to VMware

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Rackspace Technology (NASDAQ: RXT) has enhanced its partnership with the British Heart Foundation (BHF) to support its online gift shop, which is critical for fundraising, especially during the holiday season. Due to the pandemic, BHF has experienced a 50% decrease in income, leading to a £50 million cut in heart research funding. Rackspace completed a lift and shift migration to a VMware environment in just six weeks, ahead of schedule, to aid BHF in maximizing online sales during this crucial period.

Positive
  • Successful migration to a VMware environment completed two weeks ahead of schedule.
  • Enhanced partnership with BHF to support its crucial online sales during the holiday season.
  • Demonstrated multicloud expertise enhances Rackspace's reputation.
Negative
  • BHF reported a 50% decline in income due to the pandemic, impacting funding for heart research.

LONDON, Dec. 14, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, has extended its work with the British Heart Foundation to provide support to its online gift shop ahead of Christmas.

The global pandemic has severely hampered fundraising and retail sales for many charities including the British Heart Foundation (BHF). The BHF has seen a 50% downturn in income this year, forcing it to cut its annual investment in vital heart research by £50m.

Its e-commerce sales are a crucial source of income for the charity, particularly in the run up to Christmas.

Rackspace Applications Services managed the entire migration — from planning to execution. It was a lift and shift migration to VMware environment which took place in just six weeks, two weeks ahead of schedule.

Nicquel Jackson, Technology Project Manager at the British Heart Foundation, said: “Rackspace Technology was one of the first names we considered for this project because we have a long-standing relationship and were sure it had the capabilities to help.

“The key element of this project was the timescales because we had a specific deadline to meet. Rackspace Technology was conscious of those timescales and anything that could potentially delay us, meaning we were able to deliver the project ahead of schedule. This piece of work has supported our online shop to continue raising vital funds for heart research.”

Simon Bennett, CTO, EMEA at Rackspace Technology said: “Our multicloud expertise is valued by our customers as we are able to support with a plethora of cloud challenges. We’re proud to be able to support a worthy organisation like the British Heart Foundation, to ensure its online gift shop continues to drive as many sales as possible to help it continue to achieve its goal to end heartbreak forever.”

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.

About BHF retail

  • Each year, British Heart Foundation (BHF) shops raise millions to help the BHF fund life-saving research into all heart diseases, stroke, vascular dementia and diabetes.   
  • The BHF has around 730 shops across England, Scotland and Wales including 540 Standard shops and over 180 Home stores, selling up to 85,000 items every day.    
  • Each year, the BHF eBay shop sells around 150,000 high value and unusual items to raise funds for heart and circulatory diseases.   
  • The BHF is fortunate to have over 17,000 volunteer opportunities in its shops. Nearly a quarter of employed retail positions are filled by those who have previously volunteered for the BHF.   
  • To find your local shop visit bhf.org.uk/shop.    
  • With donations from the public, the BHF funds ground-breaking research that will get us closer than ever to a world free from the fear of heart and circulatory diseases. A world where broken hearts are mended, where millions more people survive a heart attack, where the number of people dying from or disabled by a stroke is slashed in half. A world where people affected by heart and circulatory diseases get the support they need. And a world of cures and treatments we can’t even imagine today. We are backing the best ideas, the brightest minds and the biggest ambitions — because that’s how we’ll beat heartbreak forever.  

Media Contact
Devika Mistry
Rackspace Technology Corporate Communications
devika.mistry@rackspace.co.uk


FAQ

What is Rackspace Technology doing for the British Heart Foundation?

Rackspace Technology is supporting the British Heart Foundation's online gift shop to help boost fundraising efforts.

How much has the British Heart Foundation's income decreased?

The British Heart Foundation has experienced a 50% decrease in income this year.

What was the result of Rackspace's migration project for BHF?

The migration project to a VMware environment was completed two weeks early, enhancing BHF's online sales capabilities.

How much funding has the British Heart Foundation cut for heart research?

The British Heart Foundation has cut its funding for heart research by £50 million.

What stock symbol represents Rackspace Technology?

Rackspace Technology is represented by the stock symbol RXT.

Rackspace Technology, Inc.

NASDAQ:RXT

RXT Rankings

RXT Latest News

RXT Stock Data

501.79M
197.65M
2.78%
84.55%
2.06%
Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
Link
United States of America
SAN ANTONIO