Rackspace Technology Recognized as a Leader in Frost Radar: Healthcare Enterprise Cloud Managed Services Providers, 2024 for Growth Potential and Innovation in Healthcare Enterprise

Rhea-AI Summary

On June 12, 2024, Rackspace Technology (NASDAQ: RXT) announced its recognition as a Leader in the Frost Radar for Healthcare Enterprise Cloud Managed Service Providers, 2024. Frost & Sullivan evaluated over 150 global managed cloud service providers, selecting 13 based on growth potential and innovation. Rackspace was highlighted for its top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization.

Rackspace's Healthcare private cloud offers secure storage, processing, sharing, and analysis of clinical information. In 2023, Rackspace introduced several key services, including Rackspace Managed Cloud (RMC), Rackspace Intelligent Co-workers for the Enterprise (ICE), and a Hosted Private Cloud Generative AI Solution in collaboration with Dell and NVIDIA. The company also received the IoT Innovators Award from CRN in November 2023.

Rackspace continues to innovate in AI, edge computing, and cybersecurity, supporting mission-critical applications like Epic in the cloud. Its strategic partnerships and diversification into emerging technologies position it for growth in the global market.

Positive

• Recognized as a Leader in Frost Radar for Healthcare Enterprise Cloud Managed Service Providers, 2024.
• Highlighted for top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization.
• Introduced Rackspace Managed Cloud (RMC) in October 2023.
• Launched Rackspace Intelligent Co-workers for the Enterprise (ICE) in September 2023.
• Collaborated with Dell and NVIDIA on Hosted Private Cloud Generative AI Solution in August 2023.
• Received IoT Innovators Award from CRN in November 2023.
• Continuous innovation in AI, edge computing, and cybersecurity.

Negative

• No specific financial data or revenue impact mentioned in the PR.
• Potential over-reliance on strategic partnerships to drive growth.

Designation awarded for providing top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization

SAN ANTONIO, June 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) – the leading end-to-end, hybrid multicloud, and AI solutions company, today announced Rackspace is named a Leader in the Frost Radar for Healthcare Enterprise Cloud Managed Service Provider, 2024. Frost & Sullivan screened over 150 managed cloud service providers globally, selecting 13 companies based on their growth potential and innovation in the healthcare enterprise-managed cloud services industry. The 13 selected companies are included on the Frost Radar and recognized for offering top-tier services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization. 

“Rackspace Technology stands out in our field due to our extensive experience as an Enterprise Cloud Managed Services Provider. Our Healthcare private cloud, for instance, provides a secure environment for storing, processing, sharing, and analyzing clinical information,” said Brian Lillie, President of Private Cloud for Rackspace Technology. “Our commitment to tailoring the most suitable private or public cloud for specific workloads sets us apart. When partnering with customers, we deeply appreciate the relationships we cultivate and are fully invested in their success.”

The Frost Radar report notes that Rackspace Technology has a strong reputation for managed cloud services, offering solutions across multiple cloud providers and allowing clients to choose the best platforms for their needs. Continuous innovation in Artificial Intelligence (AI), Edge computing, and cybersecurity is essential to stay ahead in the tech industry. Known as a trusted white-label enterprise cloud company, Rackspace Technology is relied upon by business and healthcare organizations worldwide for running mission-critical applications like Epic in the cloud. With the increasing adoption of cloud services globally, Rackspace Technology has growth opportunities by diversifying into emerging technologies and markets and forming partnerships with major cloud providers and other tech companies to expand their service offerings. Rackspace Healthcare Cloud enables secure storage, processing, sharing, and analysis of clinical information, with technology experts helping to select the best cloud options.

In 2023, Rackspace Technology launched several new offerings that led to being recognized in the Frost Radar report, including:

• October 2023, Rackspace Technology launched Rackspace Managed Cloud (RMC), a comprehensive service for managing cloud environments across AWS, Azure, Google Cloud, Rackspace Private Cloud, and on-premises infrastructure.
• September 2023, Rackspace introduced Rackspace Intelligent Co-workers for the Enterprise (ICE), a Generative AI system for enterprise applications.
• August 2023, Rackspace launched a Hosted Private Cloud Generative AI Solution Architecture in collaboration with Dell Technologies and NVIDIA AI.
• November 2023, Rackspace received the IoT Innovators Award from CRN for its contributions to the real-world data revolution. Rackspace Technology has strategic partnerships.

Click here for the Frost Radar for Global Healthcare Enterprise Cloud Managed Service Provider, 2024 report.

About Rackspace Technology 

Rackspace Technology is a leading end-to-end hybrid, multicloud, and AI technology services company. We 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

FAQ

What recognition did Rackspace Technology receive in June 2024?

Rackspace Technology was recognized as a Leader in the Frost Radar for Healthcare Enterprise Cloud Managed Service Providers, 2024.

What criteria were used to select Rackspace Technology for the Frost Radar recognition?

Rackspace was selected based on its growth potential and innovation in the healthcare enterprise-managed cloud services industry.

What services does Rackspace Technology provide that were highlighted in the Frost Radar report?

Rackspace provides services in infrastructure, IT performance, application and service management, cybersecurity, data management, and process optimization.

What new services did Rackspace Technology launch in 2023?

Rackspace launched Rackspace Managed Cloud (RMC), Rackspace Intelligent Co-workers for the Enterprise (ICE), and a Hosted Private Cloud Generative AI Solution.

With which companies did Rackspace Technology collaborate for the Hosted Private Cloud Generative AI Solution?

Rackspace collaborated with Dell Technologies and NVIDIA for the Hosted Private Cloud Generative AI Solution.

What award did Rackspace Technology receive in November 2023?

Rackspace received the IoT Innovators Award from CRN in November 2023.