RXT Rackspace Technology

Rackspace Launches Multi-Million Dollar Accelerated Migration Program to Move Customers to the Private Cloud

Rackspace Launches Multi-Million Dollar Accelerated Migration Program to Move Customers to the Private Cloud

SAN ANTONIO, Sept. 08, 2022 (GLOBE NEWSWIRE) --  ® (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that it has launched a multi-million dollar program – Rackspace Accelerated Migration Program (Rackspace AMP). The industry leading program is designed to help customers move their applications from on-premises or colocation facilities into the private cloud. In addition to financial assistance, the program provides dedicated technical expertise, giving customers who are running workloads on virtual machines (VMs) or bare metal compute better cost efficiency and improved resiliency versus the public cloud.

“With this program, we are meeting our customers where they are, investing in their cloud journey, and providing them with extensive financial support, as well as knowledge and resources, for getting their applications into next generation private clouds,” said Josh Prewitt, Chief Product Officer, Rackspace Technology. “Many organizations are under pressure to lift and shift into the cloud but are wary of managing costs and maintaining control. With Rackspace AMP, we can take care of the move to the private cloud for them, so they can run their systems at a reasonable rate, in a controlled environment, with lifecycle management baked in.”

Understanding that private cloud adoption can be complex and customers need dedicated expertise, Rackspace AMP includes support through Rackspace’s cloud support model, which gives customers on-demand access to a pod of highly skilled engineers. The teams work directly with organizations to develop architecture, plan migrations, automate tasks, improve security and performance, and manage cloud environments.

We are very proud of the work we have done to bring more organizations into the public cloud, but there are many customers for whom the public cloud may not be the right strategic or financial choice,” added Prewitt. “With this initiative, we are applying the same capabilities that have been recognized as best-in-class by our hyperscaler public cloud partners to the private cloud, helping customers accelerate their digital transformations and elevate their important workloads.”

For more information about the Rackspace Accelerated Migration Program, visit .

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.

Media Contact

Casey Shilling



EN
08/09/2022

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Rackspace Technology

 PRESS RELEASE

Dell Medical School Taps Rackspace for Industry-Disrupting Cloud Strat...

Dell Medical School Taps Rackspace for Industry-Disrupting Cloud Strategy: Building an Academic Medical Center Without Traditional Data Centers Austin medical school becomes first to go fully cloud-native with Rackspace's managed services, transforming healthcare IT infrastructure model SAN ANTONIO, Aug. 12, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced it has partnered with (Dell Med) as a strategic IT infrastructure provider, hosting and managing healthcare related data center needs, including managing its ® Elect...

 PRESS RELEASE

Rackspace Technology Reports Second Quarter 2025 Results

Rackspace Technology Reports Second Quarter 2025 Results Revenue of $666 million in the Second Quarter, down 3% Year-over-YearPrivate Cloud Revenue was $250 million, down 4% Year-over-YearPublic Cloud Revenue was $417 million, down 2% Year-over-YearSecond Quarter 2025 Cash Flow From Operating Activities was $8 million; Cash Flow From Operating Activities was $127 million on a Trailing-Twelve-Month Basis SAN ANTONIO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology, Inc. (Nasdaq: RXT), a leading end-to-end, hybrid cloud and AI solutions company, today announced results for its secon...

 PRESS RELEASE

Rackspace Technology Launches Cloud Management Platform with New Capab...

Rackspace Technology Launches Cloud Management Platform with New Capabilities for Hybrid Environments Next-gen upgrades empower organizations to streamline workload operations and optimize their entire cloud infrastructure from a single AI-enabled platform SAN ANTONIO, Aug. 05, 2025 (GLOBE NEWSWIRE) -- ® (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, today announced the launch of the Rackspace Cloud Management Platform, which includes next-gen upgrades to the (“RMC”) offering. The platform provides customers with a single robust framework that leverages best...

 PRESS RELEASE

Rackspace Receives SBTi Approval for Net-Zero Targets, Reinforcing Com...

Rackspace Receives SBTi Approval for Net-Zero Targets, Reinforcing Commitment to Sustainable Operations and Innovation Framework sets new standard for helping customers meet their sustainability goals and Scope 3 reporting requirements SAN ANTONIO, July 31, 2025 (GLOBE NEWSWIRE) --  (NASDAQ: RXT), a leading end-to-end hybrid cloud and AI solutions company, announced today that the (SBTi) has approved its near-term, long-term, and net-zero emissions reduction goals. Rackspace’s targets align with the SBTi’s objective of limiting global warming to 1.5°C, include a commitment to cut emiss...

 PRESS RELEASE

Rackspace Technology to Announce Second Quarter 2025 Earnings on Augus...

Rackspace Technology to Announce Second Quarter 2025 Earnings on August 7, 2025 SAN ANTONIO, July 18, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: RXT) a leading end-to-end hybrid cloud and AI solutions company, today announced that it will release its second quarter 2025 financial results after the market closes on Thursday, August 7, 2025. Amar Maletira, Chief Executive Officer, and Mark Marino, Chief Financial Officer, will host a conference call on the day of the release (August 7, 2025) at 5:00 PM ET to discuss the Company’s financial results. Interested parties may access the conferenc...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch