Rackspace Technology Named a Leader by ISG Research in Cybersecurity Solutions and Services U.S. Report

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Rackspace Commended for Providing Integrated Security Solutions That Improve Resilience,  Increases Threat Detection and Remediation

SAN ANTONIO, TX – Sept. 15, 2022Rackspace Technology® (NASDAQ: RXT), a leading end-to- end multicloud technology solutions company, has been named a “leader” in providing midmarket customers with a holistic managed services approach to cybersecurity in a recent Information Services Group ISG Provider LensTM Cybersecurity Solutions and Services U.S. report.

The report compares providers’ strengths, challenges and competitive differentiators, and identifies Rackspace Technology as a leader providing “fully integrated security solutions that combine cutting-edge in-house technology developed through its security operations centers with threat detection, analysis and remediation capabilities.”

“With the threat landscape evolving at a rapid pace, modernizing security is a key component of our customers’ digital transformation strategies,” said Gary Alterson, Vice President, Security Services at Rackspace Technology. “At Rackspace Technology we are meeting our customers wherever they are in their journey and delivering security with Fanatical Experience® which we are known for, by continuing to innovate with and on behalf of our them to meet their needs, now and into the future.”

The ISG report finds companies moving away from buying separate products to perform each security function, with an increasing number of them engaging providers of end-to-end services. Key areas of focus in the report include cloud security, intelligent SOCs, MDR, proactive threat hunting and deep investigative cyber analytics.

“Enterprises have found it hard to build effective cybersecurity strategies with heterogeneous products,” said Doug Saylors, partner and co-lead, cybersecurity, at ISG. “Service providers are helping them build a mesh of solutions that can talk to each other.”

The report notes that the growth in cybersecurity managed services comes as U.S. enterprises look to shift more investment into capabilities such as identity management, endpoint protection and advanced data leakage and protection systems, in response to the growing sophistication of cybercriminals. It also cites the accelerating pace of digital transformation and the rise of remote and hybrid work during the COVID-19 pandemic as factors that have led organizations to re-examine their security postures.

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About Rackspace Technology

Rackspace 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.

About ISG Provider LensTM Research

The ISG Provider LensTM Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider LensTM research, please visit this webpage.

A companion research series, the ISG Provider LensTM Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

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.

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