Rackspace Positioned as a Leader in Gartner’s Magic Quadrant for European Managed Hosting
London, UK – 27th June 2013 – Rackspace® Hosting (NYSE:RAX), the open cloud company, has been positioned by Gartner, Inc. in the Leaders quadrant of its “Magic Quadrant for European Managed Hosting.” [1]
The Gartner assessment is carried out by the firm’s expert IT analysts based upon all companies ‘completeness of vision’ matched against their ‘ability to execute’. It categorizes providers in quadrants labeled Niche Players, Challengers, Visionaries and Leaders. Rackspace was among the 15 providers assessed by Gartner for this Quadrant.
Taylor Rhodes, Senior Vice President, International, Rackspace said: “Providing world-leading managed hosting, supported by the best customer service, lies at the very heart of everything we do at Rackspace. This is validated by over 200,000 customers globally putting their trust in us to host and manage their mission-critical IT functions, backed by our renowned Fanatical Support®. At a time when organisations are looking for guidance in their cloud journey, our leadership recognition with Gartner affirms the strength of our Hybrid Cloud offering and vision for the future.”
Rackspace’s portfolio includes a wide variety of data storage, compute, networking, security and application management services spanning dedicated, public and private clouds engineered to create the most efficient hybrid environments possible today. Giving customers the freedom to concentrate on designing and developing the applications they need for competitive advantage, Rackspace hosting shoulders every stage from load balancing to backup and storage with a sharpened set of cloud compliant tools, all available 24x7 all backed by Fanatical Support.
Rackspace provides industry-leading service level agreements (SLAs) for customers, including up to 100 per cent uptime SLA for an application platform. Rackspace has a long established reputation for leadership in the managed hosting space, as it currently hosts 40 per cent of the FTSE 100 companies.
[1] Gartner “Magic Quadrant for European Managed Hosting” by Tiny Haynes, Gregor Petri, Douglas Toombs, Bob Gill, Lydia Leong, 19 June 2013
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.
