Rackspace Technology Named a Major Player in IDC MarketScape: Canadian Managed Multicloud Services 2024 Vendor Assessment

SAN ANTONIO, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology^® (NASDAQ: RXT), a leading end-to-end, hybrid multicloud technology solutions company, today announced it has been positioned in the Major Players category in the IDC MarketScape: Canadian Managed Multicloud Services 2024 Vendor Assessment (Feb 2024-IDC MarketScape-Doc # CA50302123).

The IDC MarketScape evaluates 15 qualifying vendors on their managed multicloud services offerings and performance in the cloud market based on market demands and expected buyer needs.

“We believe this recognition is a testament to our continued investment in the Canadian cloud services market and all areas of proactive support for our customers,” said Jai Aswani, Rackspace Technology Canada. “This reflects our commitment to bringing the Rackspace experience - fanatical service, innovation on the cloud and AI solutions - to Canadian organizations. As cloud adoption accelerates across Canada, we are well-positioned and proud to empower customers to fully leverage the value of the cloud and adapt for the emerging AI-enabled economy.”

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About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Rackspace Technology
Rackspace Technology is a leading hybrid, 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: Natalie Silva, publicrelations@rackspace.com