SAN ANTONIO, TX--(Marketwired - April 21, 2016) - Rackspace® (NYSE: RAX) and Cloud Technology Partners (CTP) announced a strategic relationship to deliver professional and managed services for enterprises leveraging the leading cloud platforms.
The combination of Fanatical Support® with CTP's best-of-breed services provides enterprise customers with a holistic solution for cloud adoption by addressing:
- Cloud strategy and economics
- Security and governance
- Application portfolio assessment
- Application modernization, migration and development
- DevOps and automation
- Ongoing cloud operations and managed services
"We are seeing increasing demand from enterprises that are seeking help moving to AWS and Azure, and then successfully managing their environments once deployed," said Taylor Rhodes, chief executive officer of Rackspace. "CTP is a recognized leader in helping enterprises move to the cloud and is a natural complement to our managed services expertise. Together, we provide the market leading solution that helps enterprises accelerate their realization of cloud benefits."
Many enterprises want the agility and cost-efficiency of cloud, but are slowed by complex transformation efforts. Cloud adoption for these enterprises typically requires a staged solution, encompassing different platform and technology options, along with professional and managed services. A combined Rackspace and CTP offer is the ideal solution for enterprises facing these challenges.
CTP provides professional services and software for enterprises moving to AWS, Google, Microsoft and other leading cloud platforms. CTP's Cloud Adoption Program brings together technologies and services to accelerate enterprise-wide cloud adoption. This comprehensive framework for moving to the cloud has been applied to hundreds of enterprise engagements, helping customers achieve business results faster no matter where they are in their cloud journey.
Rackspace brings 16 years of experience in operating cloud infrastructures and application environments at massive scale, side-by-side with two-thirds of the Fortune 100. Rackspace experts, possessing more than 280 AWS associate and professional certifications, manage the day-to-day work so customers can focus on their core mission.
"Working with Rackspace was an obvious fit based on their managed cloud leadership and our shared emphasis on supporting customers through every phase of their cloud journey," said Chris Greendale, chief executive officer of Cloud Technology Partners. "Our prescriptive approach to public cloud adoption has been hugely successful for enterprise customers and we are very excited at the opportunity these combined services provide for both companies."
In addition to becoming CTP's exclusive managed cloud service partner, Rackspace will invest in CTP's Series C funding round and join its Board of Directors.
For more information about Rackspace's strategic relationship with CTP, please visit www.rackspace.com/ctp.
For more information about Fanatical Support for AWS, please visit www.rackspace.com/aws.
For more information about Cloud Technology Partners, please visit www.cloudtp.com.
Rackspace (NYSE: RAX), the #1 managed cloud company, helps businesses tap the power of cloud computing without the complexity and cost of managing it on their own. Rackspace engineers deliver specialized expertise, easy-to-use tools, and Fanatical Support® for leading technologies developed by AWS, Google, Microsoft, OpenStack, VMware and others. The company serves approximately 300,000 businesses worldwide, including two-thirds of the FORTUNE 100. Rackspace was named a leader in the 2015 Gartner Magic Quadrant for Cloud-Enabled Managed Hosting, and has been honored by Fortune, Forbes, and others as one of the best companies to work for. Learn more at www.rackspace.com.
Forward Looking Statement
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 operational results related to any particular customer or customers of our customers associated with our hosting solutions; any other statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include issues relating to the performance of a customer's configuration caused by forces outside of the control of Rackspace; changes in the economy, technological and competitive factors, regulatory factors, and other risks that are described in Rackspace Hosting's Form 10-K for the fiscal year ended December 31, 2015 filed with the SEC on February 25,2016. 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.