Business
Rackspace Technology Signs Multi-Year, Strategic Collaboration Agreement with AWS to Deliver Accelerated Digital Transformation for Customers
Agreement enhances existing collaboration aligned to business outcomes by delivering full-stack cloud and AI services globally SAN ANTONIO, Oct. 30, 2024
About this update from Rackspace Technology, Inc.
[{"type":"text","content":"Agreement enhances existing collaboration aligned to business outcomes by delivering full-stack cloud and AI services globally\nSAN ANTONIO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology services company, announced today that it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS), with plans to offer end-to-end cloud advisory, fin-ops, migration, modernization, cloud data, machine learning (ML) and generative AI solutions to accelerate customer value across their cloud adoption journey. The SCA includes a significant investment to help customers accelerate their migration and modernization initiatives for applications, data, and cloud infrastructure through the global expansion of the Rackspace Technology Migration and Modernization Center of Excellence. This builds on years of expertise working with the AWS Migration Acceleration Program (MAP). Rackspace Technology also recently announced the launch of Rackspace Rapid Migration Offer (RRMO), which is designed to expedite data center migrations to AWS. RRMO, also available on AWS Marketplace, provides a comprehensive suite of services encompassing migration planning, landing zone setup, migration execution, and 24x7x365 cloud operations support with monitoring and incident response. Overall, the enhanced collaboration supports the delivery of business outcomes for customers globally from Rackspace’s portfolio of full-stack cloud and AI services. “This agreement highlights our commitment to collaboration with AWS and emphasizes our goal to deliver outstanding results. We believe customers will benefit from our differentiated value proposition that starts with migrations, modernization, data, and generative AI initiatives that help our customers accelerate business transformations,” said D K Sinha, President of Public Cloud, Rackspace Technology. “With AWS’s renowned customer obsession and Rackspace’s deep technical capabilities and Fanatical Experience™, we share a common culture of delivering the right outcomes for our customers.” Convera is a global leader in commercial payments. As experts in foreign exchange, risk and compliance, with an unrivaled regulatory footprint, Convera’s financial network spans more than 140 currencies and 200 countries and territories. Convera par...