Plans include Building and Linking Interoperable Public Clouds in Program Partner Markets
San Antonio, TX – April 15, 2013 – Rackspace® Hosting (NYSE: RAX), the open cloud company, today announced that it plans to expand its global cloud network through a program that would have Rackspace build and run interoperable public clouds for service providers around the world, such as telcos. As the founder of OpenStack, Rackspace is perfectly positioned to help speed a partner’s successful entry as a cloud provider in the OpenStack ecosystem with proven Rackspace technology, operations and go to market expertise.
For telcos and other large service providers, Rackspace plans to make available all the components needed to build a successful cloud business, including:
“Rackspace is developing its OpenStack based cloud technology that it uses in its own cloud into a commercially supported, packaged offering,” said Gary Chen, research manager for IDC’s Cloud and Virtualization System Software. “Not every provider wants to or should build a cloud from scratch, and Rackspace’s experience with cloud computing and this turnkey packaged cloud solution should be of interest to other providers. IDC believes that a global federated service provider cloud network that allows creation of hybrid clouds with resources from multiple public providers could be a compelling solution for customers.”
“We have had interest from service providers on nearly every continent to extend Rackspace’s proven OpenStack powered public cloud solutions and expertise to their customers. It is important to broaden the adoption of open-source technologies through partners around the world,” said Lanham Napier, CEO for Rackspace. “The creation of this network allows for different providers, in different regions, with different service characteristics to link together to better serve the cloud users around the world with a fully interoperable global ‘cloud of clouds’. Rackspace is passionate about leading this charge and helping service providers capitalize on the expanded network to better serve their customers.”
For more information on Rackspace expanded global cloud network visit: http://www.rackspace.com/blog/building-a-global-cloud-network/
Rackspace® Hosting (NYSE: RAX) is the open cloud company, delivering open technologies and powering more than 205,000 customers worldwide. Rackspace provides its renowned Fanatical Support® across a broad portfolio of IT products, including Public Cloud, Private Cloud, Hybrid Hosting and Dedicated Hosting. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, is featured on Sunday Times list of 100 Best Companies to Work For and is included on the Dow Jones Sustainability Index. Rackspace was positioned in the Leaders Quadrant by Gartner Inc. in the “2011 Magic Quadrant for Managed Hosting.” Rackspace is headquartered in San Antonio with offices and data centers around the world. For more information, visit www.rackspace.com.
This press release contains forward-looking statements that involve risks, uncertainties and assumptions. If such risks or uncertainties materialize or such assumptions prove incorrect, the results of Rackspace Hosting could differ materially from those expressed or implied by such forward-looking statements and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any statements concerning expected development, performance or market acceptance associated with the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program; anticipated operational and financial benefits from the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program may not materialize because the products or services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the products or services cost effectively, differentiate the products and services from competitive products and services or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the products or services, (iii) changes in technology which adversely affect the benefits of the product, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the platform, products and services, and (vi) and other risks that are described in Rackspace Hosting’s Form 10-K for the year ended December 31, 2012, filed with the SEC on March 1, 2013. Except as required by law, Rackspace Hosting assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.