Rackspace Technology Named a Top 15 Sourcing Standout by ISG
November 11 2021 - 11:05AM
Rackspace Technology® (NASDAQ: RXT), a leading end-to-end
multicloud technology solutions company, today announced it has
been named a Top 15 Sourcing Standout by Information Services Group
(ISG), a leading global technology research and advisory firm.
Rackspace Technology was among the leading providers in the
Breakthrough 15 category for the Global, Americas, EMEA and Asia
Pacific regions based on annual contract value (ACV) won over the
last 12 months, according to the 3Q 2021 Global ISG Index™.
Now in its 76th consecutive quarter, the ISG Index™ provides an
independent quarterly review of the latest sourcing industry data
and trends. Each quarter it names the top 15 commercial providers
in the Big 15 (revenues of more than $10 billion), Building 15
(revenues between $3 billion and $10 billion), Breakthrough 15
(revenues between $1 billion and $3 billion) and Booming 15
(revenues of less than $1 billion) categories in the Americas, EMEA
and Asia Pacific regions. Each Top 15 category includes providers
that compete in the traditional sourcing market, as well as those
that compete in the as-a-service market, including IaaS and SaaS
providers.
“Due to our people, partners, expertise and automation to help
customers of all sizes optimize their multicloud journey combined
with our fanatical customer experience, Rackspace Technology is
extremely well-positioned in the multicloud market,” said Lisa
McLin, Rackspace Technology VP, Global Channel Chief. “In 2021 we
continue to make great progress towards becoming the leading
pure-play multicloud services and solutions company and set the
stage for years of incremental revenue growth.”
Rackspace Technology’s inclusion in the ISG Index™ is based on
data the company submits to ISG each quarter.
“The ISG Index™ is recognized as the authoritative source for
marketplace intelligence on the global technology and business
services industry,” said Paul Reynolds, chief research officer of
ISG. “Rackspace Technology continues to establish itself as a
leading and growing player in the global market for multicloud
services based on its volume of business in relation to other
industry providers.”
About ISGISG (Information Services Group) (Nasdaq: III) is
a leading global technology research and advisory firm. A trusted
business partner to more than 700 clients, including more than 75
of the world’s top 100 enterprises, ISG is committed to helping
corporations, public sector organizations, and service and
technology providers achieve operational excellence and faster
growth. The firm specializes in digital transformation services,
including automation, cloud and data analytics; sourcing advisory;
managed governance and risk services; network carrier services;
strategy and operations design; change management; market
intelligence and technology research and analysis. Founded in 2006,
and based in Stamford, Conn., ISG employs more than 1,300
digital-ready professionals operating in more than 20 countries—a
global team known for its innovative thinking, market influence,
deep industry and technology expertise, and world-class research
and analytical capabilities based on the industry’s most
comprehensive marketplace data. For more information,
visit www.isg-one.com.
About Rackspace TechnologyRackspace 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.
Contact:Rackspace Technology Corporate CommunicationsNatalie
Silvapublicrelations@rackspace.com
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