Rackspace Hosting Positioned as a Leader in the Leaders Quadrant of the Magic Quadrant for Managed Hosting Providers
“Magic Quadrant” Evaluation Based on Completeness of Vision and Ability to Execute
SAN ANTONIO, TX – April 23, 2013 – Rackspace® Hosting (NYSE:RAX), the open cloud company, today announced that it has been positioned by Gartner, Inc. as a leader in the Leaders quadrant of the “Magic Quadrant for Managed Hosting in North America.”
The Gartner assessment, performed by the firm’s IT industry experts, evaluates providers based on the completeness of their vision and 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 the second consecutive year, Rackspace has been positioned as a leader in Gartner's Magic Quadrant for Managed Hosting providers, which we believe speaks to the value that businesses of all sizes are finding in our broad portfolio of services, our dedication to open technologies, and our Fanatical Support®,” said Lanham Napier, CEO of Rackspace. “We are focused on delivering the industry’s best hybrid cloud services and support, so each customer can run each workload where it runs best: whether on dedicated hardware, public cloud, or private cloud; in the customer’s data center or ours.”
Through its breadth of solutions, Rackspace allows customers to choose between dedicated, public, private and hybrid open cloud environments to meet their technical and budgetary needs. Rackspace’s unique ability to deploy hybrid solutions that combine the benefits of a dedicated or virtualized hosting solution with public or private cloud, enables customers to benefit from the scalability of the open cloud, combined with the security, reliability and control of a fully dedicated environment.
Rackspace’s portfolio of hosting solutions is backed by Fanatical Support and provides industry-leading service level agreements (SLAs) for customers, including up to 100 percent uptime SLA for an application platform.
Rackspace has a long, proven reputation for leadership in the managed hosting space, as it currently hosts 60 percent of the Fortune 100. The company has also experienced significant traction in the ecommerce market in particular. According to a study from ecommerce publishing authority Internet Retailer, Rackspace is currently ranked the number one hosting provider for the Internet Retailer Top 1,000 websites.
 Gartner “Magic Quadrant for Managed Hosting” by Lydia Leong and Douglas Toombs, April 9, 2013.
Rackspace® Hosting (NYSE: RAX) is the open cloud company, delivering open technologies and powering more than 205,000 customers worldwide. Rackspace provides its renowned Fanatical Support® across a broad portfolio of IT products, including Public Cloud, Private Cloud, Hybrid Hosting and Dedicated Hosting. The company offers choice, flexibility and freedom from vendor lock in. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, is featured on Fortune’s list of 100 Best Companies to Work For and is included on the Dow Jones Sustainability Index. Rackspace is headquartered in San Antonio with offices and data centers around the world. For more information, visit www.rackspace.com.
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose
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 about historical results or third party data that may suggest trends for our business or industry; any statements of the plans, strategies, and objectives of Rackspace for future operations or growth; any statements of expectation or belief regarding future events, and any statements of assumptions underlying any of the items mentioned. Risks, uncertainties and assumptions include the possibility that expected growth or success may not materialize because of Rackspace's failure to create a viable vision or its inability to execute on its vision, failure to execute on its operational plans, rapid technological changes that adversely affect the demand for Rackspace products and services, shifts in customer demand, customers' and potential customers' acceptance of Rackspace products and services, and other risks that are described in Rackspace Hosting's Form 10-K for the year ended December 31, 2012, filed with the SEC on March 1, 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.
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