Summary
2.13 -0.03(-1.39%)05/16/2024
Rackspace Technology Inc (RXT)
Rackspace Technology Inc (RXT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.82 | 5.81 | 4.90 | 14.47 | 30.00 | 30.94 | 0.00 | -88.90 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 1.82 | |
| Open | 1.81 | |
| High | 1.84 | |
| Low | 1.79 | |
| Volume | 419,018 | |
| Change | -0.02 | |
| Change % | -0.82 | |
| Avg Volume (20 Days) | 548,871 | |
| Volume/Avg Volume (20 Days) Ratio | 0.76 | |
| 52 Week Range | 1.05 - 3.10 | |
| Price vs 52 Week High | -41.29% | |
| Price vs 52 Week Low | 73.33% | |
| Range | 0.55 | |
| Gap Up/Down | -0.07 | |
Fundamentals | ||
| Market Capitalization (Mln) | 483 | |
| EBIDTA | 642,899,968 | |
| PE Ratio | 0.0000 | |
| PEG Ratio | 1.2303 | |
| WallStreet Target Price | 21.67 | |
| Book Value | 6.5320 | |
| Earnings Per Share | -0.9710 | |
| EPS Estimate Current Quarter | 0.2400 | |
| EPS Estimate Next Quarter | 0.2400 | |
| EPS Estimate Current Year | 0.9700 | |
| EPS Estimate Next Year | 1.0900 | |
| Diluted EPS (TTM) | -0.9710 | |
| Revenues | ||
| Profit Marging | -0.0676 | |
| Operating Marging (TTM) | 0.0714 | |
| Return on asset (TTM) | 0.0205 | |
| Return on equity (TTM) | -0.1442 | |
| Revenue TTM | 2,948,400,128 | |
| Revenue per share TTM | 14.3390 | |
| Quarterly Revenue Growth (YOY) | 0.1190 | |
| Quarterly Earnings Growth (YOY) | 0.0000 | |
| Gross Profit (TTM) | 1,005,600,000 | |
| Dividends | ||
| Dividend Share | 0.0000 | |
| Dividend Yield | ||
| Valuations | ||
| Trailing PE | 0.0000 | |
| Forward PE | 12.3001 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.0544 | |
| Revenue Enterprise Value | 2.2352 | |
| EBITDA Enterprise Value | 14.7005 | |
| Shares | ||
| Shares Outstanding | 210,032,000 | |
| Shares Float | 61,430,180 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 2.22 | |
| Institutions (%) | 100.95 | |
05/16 11:05 EST - globenewswire.com
Rackspace Technology Epic Infrastructure Managed Services Increases Seattle Children's Epic Electronic Health Record Availability
Rackspace to host critical workloads in the healthcare industry while lowering cost Rackspace to host critical workloads in the healthcare industry while lowering cost
Rackspace Technology Epic Infrastructure Managed Services Increases Seattle Children's Epic Electronic Health Record Availability
Rackspace to host critical workloads in the healthcare industry while lowering cost Rackspace to host critical workloads in the healthcare industry while lowering cost
05/10 03:20 EST - seekingalpha.com
Rackspace Technology, Inc. (RXT) Q1 2024 Earnings Call Transcript
Rackspace Technology, Inc. (NASDAQ:RXT ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Sagar Hebbar - Vice President, Corporate Finance and Investor Relations Amar Maletira - Chief Executive Officer Mark Marino - Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Robert Majek - Raymond James Ramsey El-Assal - Barclays Operator Good afternoon and thank you for standing by. Welcome to Rackspace Technology's First Quarter Earnings Conference Call.
Rackspace Technology, Inc. (RXT) Q1 2024 Earnings Call Transcript
Rackspace Technology, Inc. (NASDAQ:RXT ) Q1 2024 Earnings Conference Call May 9, 2024 5:00 PM ET Company Participants Sagar Hebbar - Vice President, Corporate Finance and Investor Relations Amar Maletira - Chief Executive Officer Mark Marino - Chief Financial Officer Conference Call Participants Kevin McVeigh - UBS Robert Majek - Raymond James Ramsey El-Assal - Barclays Operator Good afternoon and thank you for standing by. Welcome to Rackspace Technology's First Quarter Earnings Conference Call.
05/09 16:15 EST - globenewswire.com
Rackspace Technology Reports First Quarter 2024 Results
SAN ANTONIO, May 09, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its first quarter ended March 31, 2024.
Rackspace Technology Reports First Quarter 2024 Results
SAN ANTONIO, May 09, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid, multicloud, and AI solutions company, today announced results for its first quarter ended March 31, 2024.
04/24 16:51 EST - headlinesoftoday.com
Rackspace Technology to Announce First Quarter 2024
SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host … The post Rackspace Technology to Announce First Quarter 2024 appeared first on Headlines of Today...
Rackspace Technology to Announce First Quarter 2024
SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host … The post Rackspace Technology to Announce First Quarter 2024 appeared first on Headlines of Today...
04/24 16:18 EST - globenewswire.com
Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024
SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 9, 2024) at 5:00 PM ET to discuss the Company's financial results.
Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024
SAN ANTONIO, April 24, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT)— the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that it will release its first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (May 9, 2024) at 5:00 PM ET to discuss the Company's financial results.
04/23 11:17 EST - headlinesoftoday.com
Foundry for AI by Rackspace (FAIR) Partners with OhioX to
SAN ANTONIO, April 23, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that Foundry for AI by Rackspace (FAIR™) is proud to partner with OhioX, Ohio’s statewide nonprofit technology and innovation trade association, to accelerate the responsible adoption of Artificial Intelligence (AI) among enterprises across the … The post Foundry for AI by Rackspace (FAIR) Partners with OhioX to appeare...
Foundry for AI by Rackspace (FAIR) Partners with OhioX to
SAN ANTONIO, April 23, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), the leading end-to-end, hybrid multicloud and AI technology solutions company, today announced that Foundry for AI by Rackspace (FAIR™) is proud to partner with OhioX, Ohio’s statewide nonprofit technology and innovation trade association, to accelerate the responsible adoption of Artificial Intelligence (AI) among enterprises across the … The post Foundry for AI by Rackspace (FAIR) Partners with OhioX to appeare...
04/23 11:09 EST - globenewswire.com
Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio
Statewide nonprofit technology and innovation trade association promote ethical AI practices, fosters innovation, and drives economic growth in Ohio Statewide nonprofit technology and innovation trade association promote ethical AI practices, fosters innovation, and drives economic growth in Ohio
Foundry for AI by Rackspace (FAIR) Partners with OhioX to Drive Responsible AI Adoption in Ohio
Statewide nonprofit technology and innovation trade association promote ethical AI practices, fosters innovation, and drives economic growth in Ohio Statewide nonprofit technology and innovation trade association promote ethical AI practices, fosters innovation, and drives economic growth in Ohio
04/12 20:00 EST - headlinesoftoday.com
Rackspace Technology Announces Final Results of the
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the final results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all … The post Rackspace Technology Announces Final Results of the appeared first on Headlines of Today...
Rackspace Technology Announces Final Results of the
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the final results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all … The post Rackspace Technology Announces Final Results of the appeared first on Headlines of Today...
04/12 19:09 EST - globenewswire.com
Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the final results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by its indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as amended by the Company's press release dated March 29, 2024, the “Offering Memorandum”). The Exchange Offer expired at 5:00 p.m., New York City time, on April 12, 2024 (the “Expiration Time”).
Rackspace Technology Announces Final Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, April 12, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the final results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by its indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as amended by the Company's press release dated March 29, 2024, the “Offering Memorandum”). The Exchange Offer expired at 5:00 p.m., New York City time, on April 12, 2024 (the “Expiration Time”).
04/07 23:54 EST - globenewswire.com
GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies
Generative AI chatbot integrated with Enterprise Data Lake generates high-quality, actionable answers to complex business queries Generative AI chatbot integrated with Enterprise Data Lake generates high-quality, actionable answers to complex business queries
GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies
Generative AI chatbot integrated with Enterprise Data Lake generates high-quality, actionable answers to complex business queries Generative AI chatbot integrated with Enterprise Data Lake generates high-quality, actionable answers to complex business queries
04/02 11:15 EST - globenewswire.com
Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships
Rackspace Technology and Google Cloud's cutting-edge Generative AI Services and Solutions on the Rackspace FAIR Practice will be on display Rackspace Technology and Google Cloud's cutting-edge Generative AI Services and Solutions on the Rackspace FAIR Practice will be on display
Rackspace Technology Participates in Google Cloud Next as a Signature Sponsor to Showcase the Company's Google Cloud Offerings and Partnerships
Rackspace Technology and Google Cloud's cutting-edge Generative AI Services and Solutions on the Rackspace FAIR Practice will be on display Rackspace Technology and Google Cloud's cutting-edge Generative AI Services and Solutions on the Rackspace FAIR Practice will be on display
03/29 17:31 EST - headlinesoftoday.com
Rackspace Technology Announces Increase to Late Exchange
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”) is amending the terms of its previously announced offer (the “Amendment”) to eligible holders in respect of … The post Rackspace Technology Announces Increase to Late Exchange appeared first on Headlines of Today...
Rackspace Technology Announces Increase to Late Exchange
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”) is amending the terms of its previously announced offer (the “Amendment”) to eligible holders in respect of … The post Rackspace Technology Announces Increase to Late Exchange appeared first on Headlines of Today...
03/29 17:11 EST - globenewswire.com
Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”) is amending the terms of its previously announced offer (the “Amendment”) to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by Rackspace's indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans (the “New FLFO Term Loans”) of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as supplemented or otherwise modified from time to time, the “Offering Memorandum”).
Rackspace Technology Announces Increase to Late Exchange Consideration for Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, March 29, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced that its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”) is amending the terms of its previously announced offer (the “Amendment”) to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by Rackspace's indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans (the “New FLFO Term Loans”) of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as supplemented or otherwise modified from time to time, the “Offering Memorandum”).
03/28 19:09 EST - headlinesoftoday.com
Rackspace Technology Announces Early Tender Results of the
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the early tender results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and … The post Rackspace Technology Announces Early Tender Results of the appeared first on Headlines of Today...
Rackspace Technology Announces Early Tender Results of the
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the early tender results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and … The post Rackspace Technology Announces Early Tender Results of the appeared first on Headlines of Today...
03/28 18:44 EST - globenewswire.com
Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the early tender results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by its indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans (the “New FLFO Term Loans”) of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as supplemented or otherwise modified from time to time, the “Offering Memorandum”).
Rackspace Technology Announces Early Tender Results of the Exchange Offer Relating to its 3.50% First-Priority Senior Secured Notes due 2028
SAN ANTONIO, March 28, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT) (“Rackspace” or the “Company”), a leading end-to-end hybrid, multicloud, and AI technology solutions company, today announced the early tender results of the previously announced offer by its indirect subsidiary Rackspace Finance, LLC (the “New Issuer”), to eligible holders in respect of any and all of the 3.50% First-Priority Senior Secured Notes due 2028 (the “Existing Secured Notes”) issued by its indirect subsidiary Rackspace Technology Global, Inc., to (i) (A) exchange certain of those Existing Secured Notes for new 3.50% FLSO Senior Secured Notes due 2028 (the “Exchange Notes”) issued by the New Issuer and (B) have purchased for cancellation certain of those Existing Secured Notes by the New Issuer for cash (collectively, the “Exchange Offer”), and (ii) fund (the “Funding Offer” and, together with the Exchange Offer, the “Offers”) new senior secured first lien first out term loans (the “New FLFO Term Loans”) of the New Issuer, in each case, subject to the terms and conditions of the offering memorandum dated March 14, 2024 (as supplemented or otherwise modified from time to time, the “Offering Memorandum”).
03/27 04:00 EST - globenewswire.com
Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services
Next generation product set provides end-to-end, digitally sovereign cloud services Next generation product set provides end-to-end, digitally sovereign cloud services
Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services
Next generation product set provides end-to-end, digitally sovereign cloud services Next generation product set provides end-to-end, digitally sovereign cloud services
03/26 09:12 EST - headlinesoftoday.com
AI Transitioning from Ideation to Industrialization for
SAN ANTONIO, March 26, 2024 (GLOBE NEWSWIRE) — New Foundry for AI by Rackspace (FAIR™) 2024 AI Research Report sponsored by AWS and commissioned by Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, finds that more than 60% of participants have advanced their Artificial Intelligence (AI) strategies beyond the … The post AI Transitioning from Ideation to Industrialization for appeared first on Headlines of Today...
AI Transitioning from Ideation to Industrialization for
SAN ANTONIO, March 26, 2024 (GLOBE NEWSWIRE) — New Foundry for AI by Rackspace (FAIR™) 2024 AI Research Report sponsored by AWS and commissioned by Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology services company, finds that more than 60% of participants have advanced their Artificial Intelligence (AI) strategies beyond the … The post AI Transitioning from Ideation to Industrialization for appeared first on Headlines of Today...
03/26 09:05 EST - globenewswire.com
AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research
Study Shows AI Investments Have Doubled in Past Year, Underscoring Accelerated Adoption Study Shows AI Investments Have Doubled in Past Year, Underscoring Accelerated Adoption
AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research
Study Shows AI Investments Have Doubled in Past Year, Underscoring Accelerated Adoption Study Shows AI Investments Have Doubled in Past Year, Underscoring Accelerated Adoption
03/20 04:00 EST - globenewswire.com
Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support its Growth Agenda
MUNICH, Germany, March 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud and AI technology services company, has today announced it fully transformed the underlying technology for IFCO, a global leader in Reusable Packaging Containers (RPCs), migrating part of its legacy on-premise IT systems to a fully modernised Microsoft Azure cloud environment. The move to the cloud supports IFCO's growth agenda, as it needed a more flexible platform.
Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support its Growth Agenda
MUNICH, Germany, March 20, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud and AI technology services company, has today announced it fully transformed the underlying technology for IFCO, a global leader in Reusable Packaging Containers (RPCs), migrating part of its legacy on-premise IT systems to a fully modernised Microsoft Azure cloud environment. The move to the cloud supports IFCO's growth agenda, as it needed a more flexible platform.
03/19 11:27 EST - headlinesoftoday.com
Rackspace Technology Introduces Rackspace SPOT, Cloud
SAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT, the world’s only open market auction for cloud servers. Rackspace SPOT offers instant online sign-up, a customer-driven bidding process that allows users to set compute market prices, with capacity delivered … The post Rackspace Technology Introduces Rackspace SPOT, Cloud appeared first on Headlines of T...
Rackspace Technology Introduces Rackspace SPOT, Cloud
SAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) — Rackspace Technology® (NASDAQ: RXT), a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT, the world’s only open market auction for cloud servers. Rackspace SPOT offers instant online sign-up, a customer-driven bidding process that allows users to set compute market prices, with capacity delivered … The post Rackspace Technology Introduces Rackspace SPOT, Cloud appeared first on Headlines of T...