London,UK - 20 February, 2012 – Rackspace® Hosting (NYSE: RAX), the service leader in cloud computing, has been selected as a vendor to the government's £60m G-Cloud framework. Rackspace can now supply Infrastructure-as-a-Service (IaaS) and higher level Platform-as-a-Service (PaaS) technologies to UK Government departments.
"Rackspace is committed to helping the government radically improve its level of IT efficiency and we are naturally very pleased to be on the government's procurement list for G-Cloud services," said Taylor Rhodes, Managing Director International at Rackspace. "We believe that cloud should be truly pay-as-you-go and now the UK government can maximise its cloud computing opportunity to the full potential."
Rackspace applauds government recognition of the cloud model's ability to disaggregate computing structures and engineer more flexibility into the public sector IT framework. The G-Cloud framework team has been clever and planned for hybrid hosting environments to be used while the platform in its entirety stabilises. Offering departments the option to use a mix of public cloud platforms and traditional dedicated hardware is probably the most prudent measure to further seed interest and confidence in hosted solutions for the longer term.
Rackspace is in the special position of being able to offer cloud services for both data processing and secure storage from its UK cloud data centre. As the government looks to address compliance and governance issues pertaining to the cloud, Rackspace also offers maximum levels of proximity with minimised latency.
About Rackspace Hosting
Rackspace® (NYSE: RAX) is the open cloud company and founder of OpenStack, the standard open-source operating system for cloud computing. Headquartered in San Antonio, Rackspace delivers its renowned Fanatical Support® to more than 200,000 business customers, from data centers on four continents. Rackspace is a leading provider of hybrid clouds, which enable businesses to run their workloads where they run most effectively — whether on the public cloud, a private cloud, dedicated servers, or a combination of these platforms. Rackspace has been recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company, and is featured on Fortune’s list of 100 Best Companies to Work For. For more information, visit www.rackspace.co.uk.
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 market acceptance associated with the Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; anticipated operational and financial benefits from Rackspace’s hybrid cloud solutions, federated cloud services or other associated products and services; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Risks, uncertainties and assumptions include including the possibility that expected benefits from the Rackspace cloud network program or the products and services offered through the Rackspace cloud network program may not materialize because the products or services are not generally accepted in the marketplace, which could occur due to certain factors including (i) a failure to market the products or services cost effectively, differentiate the products and services from competitive products and services or communicate differentiations effectively, (ii) the reliability, quality or compatibility associated with the products or services, (iii) changes in technology which adversely affect the benefits of the product, (iv) slowdowns in the general economy or technology industry that impact consumer spending habits, (v) internal strategy decisions that impact the platform, products and services, and (vi) and other risks that are described in Rackspace Hosting’s Form 10-Q for the year ended March 31, 2012, filed with the SEC on May 9, 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.