Rackspace Hosting Reports Fourth Quarter and Year-End 2009 Results
London, UK - 16 February 2010
--Net revenue of $169.5 million grew 18.4% year-over-year and 4.4% from Q3 2009
--Adjusted EBITDA (1) of $56.0 million grew 31.4% year-over-year and 8.8% from Q3 2009
--Achieved adjusted EBITDA margin of 33.0%, up from 29.7% in Q4 2008
--Net income of $9.0 million grew 32.0% year-over-year and 18.8% from Q3 2009
Rackspace(R) Hosting, Inc. (RAX 18.81, +0.57, +3.13%) announced financial results for the quarter and year ended December 31, 2009.
Cloud computing requires balanced service-level agreements
February 15th, 2010 - Businesses looking to introduce cloud computing into their IT infrastructure are being advised to establish realistic and balanced service-level agreements (SLAs) with service providers to reduce risks and enjoy the full benefits of the technology.
Writing for InformationWeek, Jonathan Feldman has advised CIOs not to be "dismissive" of the cloud, a technology that can help boost efficiency and reduce costs, and offers a three-tiered plan for businesses to consider when looking to introduce the technology.
Rackspace Puts Microsoft SharePoint in the Cloud
London,UK – February 11, 2010 – Rackspace® Hosting (NYSE:RAX), the world’s leader in Microsoft SharePoint, the popular collaboration and file sharing platform, uniquely backed by Rackspace’s 24x7x365 Fanatical Support®. With the addition of hosted Microsoft SharePoint, Rackspace's suite of cloud applications now includes business-class collaboration, email and storage solutions.
The Green Grid launches new tool set for data centres
February 9th, 2010 - A new set of tools has been launched by the Green Grid to help data centre operators manage energy usage more effectively.
The online tools are free to access, and are aimed at improving energy efficiency in UK data centres. With scientists estimating that the carbon footprint of the internet is growing by more than 10 per cent each year, much of which is due to data centres, tool sets such as this are vital to ensure the future of sustainable IT.
IT firms can create jobs by going green
January 29th, 2010 - A training centre in Las Vegas has recently begun educating businesses and IT workers about a steadily growing segment in the technology sector - green IT. This niche market looks poised for the greatest industry job growth in coming years.
Weltgrößte wissenschaftliche Cloud-Umgebung von CERN in Betrieb genommen
December 21st, 2009 - The CERN nuclear physics laboratory in Switzerland is introducing the world's largest scientific cloud computing environment, allowing scientists from around the world to collaborate on cutting-edge projects.
eWeek Europe reports that the laboratory, best known as the site of the Large Hadron Collider (LHC), is looking to introduce cloud computing to deliver improved performance and allow near real-time access and better infrastructure to CERN's 10,000 researchers from 85 countries.
Cloud computing improves data protection
December 14th, 2009 - Businesses are being advised to turn to cloud computing to improve data protection and enhance flexibility.
Writing for PublicTechnology.net, Keith Gnaney reports that ballooning data and application growth is one of the major issues affecting the IT industry today, and suggests that cloud computing could provide the most effective solution.
Rackspace Hosting Launches Enhanced Partner Network
December 11th, 2009 - Rackspace Hosting (NYSE:RAX), the world's leader in hosting and cloud computing, has restructured its global Rackspace Partner Network to help partner companies grow their business, better serve customers and realise a competitive advantage. Rackspace actively solicited feedback from its partners to make enhancements to the Rackspace Partner Network, which include a new tiered structure, highly competitive financial incentives, greater access to training and marketing resources.
Rackspace Brings Home the Double at the National Customer Service Awards
London,UK - 11th December, 2009 – Rackspace Hosting (www.rackspace.co.uk), the world’s leader in hosting and cloud computing, today announces it has won “Customer Service Team of the Year for B2B” and the highest honour “Customer Service Team of the Year” at the annual National Customer Service Awards.
Cloud computing drives demand for IT workers
December 8th, 2009 - As cloud computing enters the mainstream, the technology is driving demand for skilled IT workers with knowledge of the market segment.
InfoWorld reports that there is a shortage of IT professionals with expertise in the growing cloud computing sector. According to commentator David Linthicum, headhunters are looking for cloud architects, engineers and strategy consultants - and demand is currently exceeding supply.
Resilience is key to cloud computing
December 1st, 2009 - A new white paper has identified the resilience offered by cloud computing as a key consideration for businesses looking to introduce the technology into their IT infrastructure.
Data encryption makes cloud computing secure
November 20th, 2009 - With cloud security being a major talking point of the growing technology, an industry expert has outlined the reason why cloud computing is the most secure option for businesses - it offers advanced data encryption.
Alexander Wolfe at Networking Computing has called cloud computing security fears "overblown," and explains how cloud vendors provide an intellectual framework that businesses can use to protect their data, application and connections through encryption.
SaaS cost savings explained
November 19th, 2009 - An industry expert has outlined the specific cost benefits offered by Software as a Service (SaaS), allowing IT professionals to get a clear idea of how they could be making savings by employing the cloud-hosted technology.
Power monitoring measures for data centres
November 19th, 2009 - Many businesses fail to account for power consumption levels until it is too late. To help businesses combat this problem, an industry expert has raised awareness of power monitoring measures that can be implemented in data centres to ensure businesses are not paying more than they need to.
Data centres should be measured on reliability and efficiency
November 4th, 2009 - With some data centres being measured on reliability and others on efficiency, an industry expert believes that the two factors should be combined to provide an overall fitness rating for UK data centres.
IT professionals release free guide to cloud computing benefits
November 2nd, 2009 - A free white paper has been released to explain the benefits of cloud computing to enterprises.
ITWeb reports that the white paper Cloud Computing: Business Benefits with Security, Governance and Assurance Perspectives has been compiled by ISACA, a leading non-profit organisation of IT professionals aimed at providing accessible standards to IT businesses. The guide explains the ways in which enterprises can achieve enhanced efficiency and mitigate risks when deploying the new cloud technology in their IT infrastructure.
Cloud computing market to exceed £ 100 billion by 2013
October 13th, 2009 - Analyst firm Gartner has predicted that the cloud computing market will pass the £ 100 billion mark by 2013.
The Independent reports that the market is currently on track to pass $56.3 billion (£ 35.8 billion) this year, and that increasing adoption has led to the forecast of $150 billion (£ 104.8 billion) by 2013.
Cloud computing to become mainstream in the next decade
October 9th, 2009 - Leading IT executives are predicting that cloud computing will become mainstream in the next five to 10 years, but that businesses will still operate hybrid environments combining cloud solutions with their on-premise servers.
Rackspace Launches Nomoreservers.com
San Antonio, TX - October 7, 2009 - Rackspace® Hosting (NYSE:RAX) today announced the launch of NoMoreServers.com, a site dedicated to the emergence of Computing-as-a-Service models (like hosting, cloud computing and SaaS) to power corporate computing. To support this campaign, the company has hired renowned hosting industry strategist Andrew Schroepfer. In his role, Schroepfer will cover the trend in depth from how providers are evolving to how real businesses are making this trend pay off.
Cloud computing becoming an essential 'commodity'
September 29th, 2009 - Despite being a relatively recent introduction to IT infrastructure, cloud computing is already being described as a necessary "commodity" for IT companies looking to economise their infrastructure.
Businesses advised on data centre cooling methods
September 29th, 2009 - As the data centre industry continues to grow and account for greater energy consumption each year, it is becoming increasingly vital for data centre operators to employ effective solutions to reduce electricity costs and energy consumption to the best of their ability, particularly with regard to cooling.
Rackspace Wins Joint Server Farm Tender to Support MOD Websites
London, UK - 03 September 2009 - Rackspace Hosting (NYSE:RAX), the world's leader in hosting and cloud computing, today announces it has won a three year, competitive deal to provide fully managed support to the Joint Server Farm (JSF), a secure hosting environment for Ministry of Defence (MOD) websites.
Rackspace Private Cloud leverages VMware to Extend Enterprise Computing on Demand
London, UK - August 31st, 2009 - Rackspace® Hosting (NYSE: RAX), the world's leader in hosting, today announced its new Private Cloud offering, which allows customers to run the centrally managed VMware virtualisation platform on private dedicated hardware environments. Rackspace recognises the demand from enterprises for a more flexible and scalable hosting solution. Although multi-tenant cloud solutions are very flexible and cost-effective, they are not always right for every segment.
Data centres boost performance for virtualisation
August 14th, 2009 - Data centres that are behind in the performance stakes are receiving a boost in their capabilities as businesses make way for the implementation of virtualisation in their server fields.
A survey carried out by CommScope, entitled The Global Data Centre Survey, discovered that installations are rapidly utilising 10Gb Ethernet in order to speed up their operations, both through fibre optic and copper cable upgrades.
Rackspace Enhances Security with PCI Accreditation
London,UK - 13 August, 2009 - Rackspace® Hosting, the world's leader in hosting, today announces it is Payment Card Industry (PCI) Data Security Standard (DSS) compliant, meeting a comprehensive set of security requirements designed to protect cardholder information. PCI DSS certification as a Level 1 Service Provider reinforces Rackspace's ability to provide secure services to its customers, particularly in the E-Commerce sector, where the need to protect cardholder information is critical.
Cloud computing critical for disaster recovery
July 27th, 2009 - The value of Cloud computing in disaster recovery operations has once again been recognised.
Business continuity has long been a field that has blighted IT departments as data loss can be so crippling to a business, yet when a server failure occurs in a data centre, frequently the disaster recovery system in place is insufficient and loss of important information is inevitable.
The Rackspace Cloud Announces Public API for Cloud Servers
London, UK - July 15, 2009 - Rackspace® Hosting (NYSE:RAX), the world's leader in hosting, today announced the availability of the public beta of its Cloud Servers® API. Cloud Servers, part of the company's portfolio of cloud services, is a leading Infrastructure as a Service (IaaS) offering that provides inexpensive compute capacity that can be instantly sized allowing businesses to pay only for what it uses-as needed. Through the open, standards-based API, Rackspace Cloud customers can now manage their cloud infrastructure with greater control and flexibility.
Software 'bill of rights' expanded due to SaaS growth
July 10th, 2009 - The growth of Software as a Service (SaaS) has prompted Forrester Research to expand its "Enterprise Software Licensee's Bill of Rights".
According to PCWorld.com, the bill exists as a list of privileges that the research firm believes customers should be entitled to throughout the "software selection, implementation and production" process.
And as SaaS deployments have become more and more popular with enterprises, Forrester has added 11 new entries to the bill.
Gartner publishes 'magic quadrant' for web hosting and cloud computing
July 8th 2009 - Research provider Gartner has published its "Magic Quadrant for Web Hosting and Hosted Cloud System Infrastructure Services (On Demand)" report.
SaaS growing six times current size in Asia-Pacific region
June 29th, 2009 - Research from IT firm IDC has revealed that more and more firms in the Asia-Pacific region are mirroring the industries from other regions like the UK and Europe by turning to software-as-a-service (SaaS) in order to prosper during the difficult economic climate.
According to Computerworld, the senior market analyst at IDC's AP Enterprise Applications Research team, Shiela Lam, said: "Companies in the region are more keen with the SaaS subscription model as they cope with the increasing IT budget constraints.