Rackspace Launches High Performance Cloud Block Storage Products Powered By OpenStack
London,UK – 23 October 2012 – Today, Rackspace® Hosting (NYSE: RAX), the open cloud company, announced the unlimited availability of Cloud Block Storage powered by OpenStack®. This solution provides a better approach to attached storage in the Cloud by addressing the demand for consistent and reliable performance for file systems, databases or other input/output (I/O) intensive applications. Rackspace’s Cloud Block Storage offers a standard drive option for everyday storage, and a Solid State Drive (SSD) option that delivers even higher performance. Both options feature a transparent, flat pricing structure with no charge for I/O, and are currently available for Cloud Servers powered by OpenStack.
“The Rackspace Cloud Block Storage solution is a crucial piece of our product portfolio. The explosion of data over the past few years has placed greater demands on our customers, presenting them with a variety of new storage related challenges,” said John Engates, CTO of Rackspace. “We developed Cloud Block Storage to deliver consistent performance in the cloud, with infinite scalability and a very simple pricing model that gives customers the flexibility they require to meet their unique business needs.”
With Rackspace Cloud Block Storage, customers get:
Full Featured Attachable Storage Solution
• Attach up to 1 Terabyte of additional storage to Cloud Servers
• Detach and re-attach storage between compute nodes in seconds
• Choice of Standard Performance or SSD-based High-Performance storage
Enhanced Performance
• SSD-based solution is up to 980 per cent faster than Standard drive performance
• Rackspace’s Cloud Block Storage Standard drive performance is on par or better than standard drive solutions offered by leading competitors
• High performance can be achieved without the need to RAID0 (stripe) volumes together, providing additional costs savings
• No cap on IOPS and users do not have to specify IOPS numbers, as they do with competing solutions
Simple Pricing Model
• 12p per gigabyte per month for Standard volumes, and 56p per gigabyte per month for SSD volumes
• 7p per gigabyte per month for snapshot data stored, which is 25 per cent less expensive than the leading block storage solution
• Competitive pricing structure also features FREE I/O, no additional per-instance fee, no minimum cloud server instance size is required
No Vendor Lock-In
• Based on OpenStack Cinder
• OpenStack compatible APIs allow customers to avoid proprietary implementation
The standard Cloud Block Storage service is aimed at customers that typically require large amounts of everyday storage. The customers can leverage the product for a broad range of applications, including those that require standard performance or those needing to scale storage without scaling compute nodes. In addition, the product provides dependable storage for archiving solutions, companies that access high amounts of large files, and small to medium size websites.
Cloud Block Storage SSD is ideally suited for customers that require even higher levels of performance than what is normally experienced with standard drives. With a faster and more reliable SSD-based storage solution, this customer segment is better equipped to use applications that are crucial to their business, such as self-managed MySQL databases, MongoDB, Cassandra and Web caching and indexing, among others.
ENDS
About Rackspace Hosting
Rackspace® (NYSE: RAX) is the open cloud company and founder of OpenStack, the standard open-source operating system for cloud computing. Headquartered in San Antonio, Rackspace delivers its renowned Fanatical Support® to more than 200,000 business customers, from data centers on four continents. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively — whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, and is featured on Fortune’s list of 100 Best Companies to Work For. For more information, visit www.rackspace.co.uk.
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 concerning expected development, performance or market acceptance associated with the Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; anticipated operational and financial benefits from Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program may not materialize because the products or services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the products or services cost effectively, differentiate the products and services from competitive products and services or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the products or services, (iii) changes in technology which adversely affect the benefits of the product, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the platform, products and services, and (vi) and other risks that are described in Rackspace Hosting’s Form 10-Q for the year ended March 31, 2012, filed with the SEC on May 9, 2013. 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.
