Rackspace Technology Ranked as a Leader in Two ISG Provider Lens™ Google Cloud Partner Ecosystem U.S. Reports

Rhea-AI Summary

Rackspace Technology (NASDAQ: RXT) has been recognized as a leader in two categories by the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem 2022, specifically in Managed Services and Implementation and Integration Services. This acknowledgment is based on an evaluation of 100 providers, highlighting Rackspace's strong market presence and comprehensive service offerings. The reports suggest that Rackspace's innovative capabilities help businesses leverage advanced technologies more effectively within Google Cloud Platform (GCP).

Positive

• Recognized as a leader in both Managed Services and Implementation and Integration Services by U.S. ISG Provider Lens™.
• Strong market presence and comprehensive service offerings distinguish Rackspace in a competitive landscape.
• Innovative capabilities enable clients to leverage advanced technologies effectively.

Negative

• None.

SAN ANTONIO, July 27, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology (NASDAQ: RXT), a leading end-to-end, multicloud technology solutions company, today announced it has 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.

The two new U.S. ISG Provider Lens™ Google Cloud research reports compare the cloud industry service providers’ strengths, challenges, and competitive differentiators and rank Rackspace Technology as a leader in both managed services and implementation and integration services.

The reports evaluate the capabilities of 100 providers across five areas. Rackspace Technology has been placed as a Leader in both U.S. ISG Provider Lens™ Google Cloud research reports based on the company’s comprehensive product and service offerings, a strong market presence and established competitive position. The product portfolios and competitive strategies of Leaders are strongly positioned to win business in the markets covered by the study. The Leaders also represent innovative strength and competitive stability.

“Google has been at the forefront of envisioning futuristic solutions and is capable enough to incorporate advanced, feature-rich platforms that drive the inclusion and infusion of emerging technologies,” said Jeff DeVerter, Chief Technology Evangelist at Rackspace Technology. “Rackspace Technology can help companies accelerate their adoption of those technologies by building and managing applications so they can realize more value from GCP.”

Both Google Cloud Partner Ecosystem leader quadrants rank service providers that offer managed services on the Google Cloud Platform (GCP). In addition, as part of their managed service solutions, providers in the leader quadrants focus on new capabilities, automation, digital engineering and building new partnerships.

To read 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 click here.

ISG, a leading global technology research and advisory firm.

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 recognition did Rackspace Technology receive from ISG in 2022?

Rackspace Technology was named a leader in the U.S. ISG Provider Lens™ Google Cloud Partner Ecosystem for Managed Services and Implementation and Integration Services.

Why is Rackspace Technology's recognition by ISG important for investors?

This recognition indicates Rackspace's strong competitive position and market presence, which could positively influence its stock performance.

What does being a leader in the ISG report imply about Rackspace Technology's services?

It implies that Rackspace offers comprehensive and innovative services that meet industry standards, making them a preferred choice for businesses utilizing Google Cloud.

How many providers were evaluated in the ISG Provider Lens reports?

The reports evaluated the capabilities of 100 providers in the cloud services market.

What is the stock symbol for Rackspace Technology?

The stock symbol for Rackspace Technology is RXT.