Rackspace Positioned in the Leaders Quadrant of Gartner's Magic Quadrant for Cloud-Enabled Managed Hosting in Both North Amer...

Rackspace (NYSE: RAX), the #1 managed cloud company, today announced it has been
positioned by Gartner, Inc. in the Leaders quadrant of the "Magic Quadrant for
Cloud-Enabled Managed Hosting" in both North America and Europe.


The Gartner assessment, performed by the firm's IT industry experts, evaluates
providers based on the completeness of their vision and their ability to
execute. It categorizes providers in quadrants labeled Niche Players,
Challengers, Visionaries, and Leaders. Rackspace was among the 17 providers
assessed by Gartner, and one of only two in the Leaders quadrant in North
America. In Europe, the firm analyzed 17 providers and Rackspace is one of seven
in the Leaders quadrant.


"We believe Gartner's first-ever Magic Quadrant for Cloud-Enabled Managed
Hosting signals the emergence of the managed cloud market and the rising demand
for a trusted partner to help companies manage their cloud operations," said
Taylor Rhodes, president of Rackspace. "We feel that the recognition of
Rackspace as a leader speaks to the value that businesses of all sizes find in
our managed cloud services portfolio, and our technical expertise and Fanatical
Support®. A fundamental part of our mission is to help companies stay fast and
lean, rather than swelling their payrolls with engineers to manage IT that
doesn't differentiate their business."


The majority of all computing is still conducted in house or via colocation, and
with infrastructure-rental costs falling dramatically, a new wave of cloud
adoption is building. These new adopters, including many large enterprises, want
all the power of the cloud without the pain of having to become an expert in
dozens of fast-changing cloud technologies. Through its specialized expertise in
those technologies, Rackspace serves as a trusted partner and enables businesses
to focus their scarce developer talent in ways that set them apart in the
marketplace, like building new products and services.


Rackspace has been a leader in the Gartner Magic Quadrant for the Managed
Hosting, North American and European markets for two consecutive years and has
rapidly expanded its managed services expertise into the public cloud market. We
believe the company's managed cloud services, along with its unique combination
of hybrid cloud, open technologies and Fanatical Support helps Rackspace
differentiate itself from vendors who only provide access to multi-tenant cloud
infrastructure. Rackspace gives customers a level of support and expertise found
nowhere else.


Rackspace's managed cloud specialized expertise includes not only cloud
infrastructure, but also expertise in many complex applications and tools that
run on top, including DevOps automation tools, MongoDB, Hadoop, Redis, MySQL,
Magento, Oracle ATG, Adobe Experience Manager, Sitecore, Drupal, Wordpress,
SharePoint and others. With a strong and growing customer base, Rackspace serves
more than 200,000 business customers around the world, including 60 percent of
the Fortune® 100 companies. 


For more information on Rackspace's position as a leader in Gartner's Magic
Quadrant for Cloud-Enabled Managed Hosting in North America and Europe, view the
latest blog post from Rackspace President Taylor Rhodes.


Gartner does not endorse any vendor, product or service depicted in its research
publications, and does not advise technology users to select only those vendors
with the highest ratings. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as statements of
fact. Gartner disclaims all warranties, expressed or implied, with respect to
this research, including any warranties of merchantability or fitness for a
particular purpose.


About Rackspace
Rackspace (NYSE: RAX) is the #1 managed cloud company. Its technical expertise
and Fanatical Support® allow companies to tap the power of the cloud without
the pain of hiring experts in dozens of complex technologies. Rackspace is also
the leader in hybrid cloud, giving each customer the best fit for its unique
needs -- whether on single- or multi-tenant servers, or a combination of those
platforms. Rackspace is the founder of OpenStack®, the open-source operating
system for the cloud. Based in San Antonio, Rackspace serves more than 200,000
business customers from data centers on four continents. It ranks #29 on
Fortune's list of 100 Best Companies to Work For. rackspace.com.


Forward Looking Statements
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 about historical results or third party data that may suggest trends
for our business or industry; any statements of the plans, strategies, and
objectives of Rackspace for future operations or growth; any statements of
expectation or belief regarding future events, and any statements of assumptions
underlying any of the items mentioned. Risks, uncertainties and assumptions
include the possibility that expected growth or success may not materialize
because of Rackspace's failure to create a viable vision or its inability to
execute on its vision, failure to execute on its operational plans, rapid
technological changes that adversely affect the demand for Rackspace products
and services, shifts in customer demand, customers' and potential customers'
acceptance of Rackspace products and services, and other risks that are
described in Rackspace Hosting's Form 10-Q for the year ended March 31, 2014,
filed with the SEC on May 12, 2014. 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.



FOR FURTHER INFORMATION PLEASE CONTACT: 

Brandon Brunson
210-312-1357
Rackspace Hosting, (delisted) (NYSE:RAX)
Historical Stock Chart
From Mar 2024 to Apr 2024