Rackspace Technology Named a Top 15 Sourcing Standout by ISG
04 February 2022 - 3:05AM
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 and EMEA regions
based on annual contract value (ACV) won over the last 12 months,
according to the 4Q 2021 Global ISG Index™.
Now in its 77th 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.
“Rackspace Technology works with partners to understand where we
can support them to rapidly transform businesses by providing
world-class solutions and Fanatical Support®,” said Renee Taylor,
Rackspace Technology VP, Global Channel Chief. “Rackspace
Technology will continue to provide our Channel Partners with a
high level of support for strategic partners that includes
consistent and improved communications, better analytics for
enhanced productivity, improved sales campaign tools and consistent
strategies and solutions in the Rackspace portfolio.”
Rackspace Technology introduced timely new product and service
offerings that help customers get the most out of their cloud
investment. The Rackspace Technology Elastic Engineering model is
gaining fast adoption and was expanded to several new areas. In
addition, the company launched Rackspace Data Freedom, a new
storage service based on robust Rackspace-developed technology that
helps customers manage their costs across multiple cloud
platforms.
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 ISG
ISG (Information Services Group) (Nasdaq: III) is a leading
global technology research and advisory firm. A trusted business
partner to more than 800 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 Technology
Rackspace Technology is a leading end-to-end multi-cloud
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.
Media ContactNatalie SilvaRackspace Corporate
Communicationspublicrelations@rackspace.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/8ace13b1-43f5-4c6f-9dde-a0f53f1233ef
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