Rackspace Technology

Rackspace Technology Reports First Quarter 2024 Results

Retrieved on: 
星期四, 五月 9, 2024

Amar Maletira, Chief Executive Officer, stated, “I’m pleased to announce that first quarter 2024 results exceeded the high-end of guidance for revenue, operating profit, and EPS.

Key Points: 
  • Amar Maletira, Chief Executive Officer, stated, “I’m pleased to announce that first quarter 2024 results exceeded the high-end of guidance for revenue, operating profit, and EPS.
  • Loss from operations was $(653) million in the first quarter of 2024, compared to loss from operations of $(581) million in the first quarter of 2023.
  • Non-GAAP Operating Profit was $16 million in the first quarter of 2024, a decrease of 68% compared to $51 million in the first quarter of 2023.
  • Capital expenditures were $46 million in the first quarter of 2024, compared to $72 million in the first quarter of 2023.

Travis Hess to Join BigCommerce as Company President

Retrieved on: 
星期一, 五月 6, 2024

BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced the company has hired veteran ecommerce and technology industry leader Travis Hess as its president.

Key Points: 
  • BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced the company has hired veteran ecommerce and technology industry leader Travis Hess as its president.
  • “Having spent nearly two decades in the enterprise ecommerce ecosystem, I've long admired BigCommerce's open platform and product strategy,” noted Hess.
  • He has deep knowledge of every platform’s capabilities and vulnerabilities, and he believes BigCommerce is the best enterprise platform on the market.
  • BigCommerce has also strengthened its sales team with the addition of Thom Armstrong as vice president of Americas enterprise sales.

MongoDB Launches Certification Program for Cloud Partners Offering MongoDB Database Services

Retrieved on: 
星期四, 五月 2, 2024

NEW YORK, May 2, 2024 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) today at its developer conference MongoDB.local NYC announced a new Certified by MongoDB Database-as-a-Service (DBaaS) program that provides cloud infrastructure partners the ability to offer their customers a first-class, fully supported MongoDB DBaaS. Given the worldwide popularity of MongoDB, there are many customers who require a certified MongoDB DBaaS solution for their use cases on specific clouds where MongoDB Atlas is not available. Cloud partners in the program will be able to deploy MongoDB's industry-leading database and data services—including full-text search and vector search—as a managed service through their own cloud platforms to give their customers a highly reliable and scalable platform for securely building and deploying cloud-native applications. The Certified by MongoDB DBaaS program also provides cloud partners the dedicated support they need to build deep technology integrations, while opening up joint go-to-market initiatives with the MongoDB Partner Ecosystem to help accelerate their customers' success.

Key Points: 
  • The Certified by MongoDB DBaaS program also provides cloud partners the dedicated support they need to build deep technology integrations, while opening up joint go-to-market initiatives with the MongoDB Partner Ecosystem to help accelerate their customers' success.
  • "The Certified by MongoDB DBaaS program enables cloud partners to offer MongoDB's extended suite of capabilities, including full-text search, vector search, and industry-leading data encryption—all through their own platforms.
  • The Certified by MongoDB DBaaS program also allows cloud partners to offer the high performance, security, and availability MongoDB provides to our own customers."
  • The Certified by MongoDB DBaaS program is designed to address this need by enabling cloud partners to offer supported MongoDB technology through a cloud service, while also giving them opportunities to:
    Access new product features available in MongoDB Atlas: Available later this year, Certified by MongoDB DBaaS cloud partners will be able to offer vector search and full-text search capabilities in their managed services.

German Firms Set to Soar With Microsoft Copilot at the Helm

Retrieved on: 
星期四, 五月 2, 2024

The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for Germany finds that 2024 could prove to be a turning point for Microsoft, its customers and partners.

Key Points: 
  • The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for Germany finds that 2024 could prove to be a turning point for Microsoft, its customers and partners.
  • GenAI and various Copilot services have now become central to Microsoft's market development strategy, the ISG report says.
  • “Microsoft’s strategic direction will drive growth and productivity,” said Dr. Matthias Paletta, director, technology modernization, for ISG in Germany.
  • This trend involves advanced integration of AI technologies, such as Microsoft 365 Copilot, Sales Copilot and Microsoft Security Copilot, more comprehensive automation at all levels and a heightened emphasis on data competence, solution competence and security, ISG says.

U.S. Public Sector’s Cloud Push Boosts Azure’s Importance

Retrieved on: 
星期四, 四月 25, 2024

The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for the U.S. Public Sector finds that Azure is the de facto cloud platform for a majority of state, local and educational (SLED) entities.

Key Points: 
  • The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for the U.S. Public Sector finds that Azure is the de facto cloud platform for a majority of state, local and educational (SLED) entities.
  • In the cloud, they can scale computing power, networking and storage up and down as demand changes.
  • Rising cloud adoption partly reflects the U.S. public sector’s growing focus on cybersecurity and compliance, ISG says.
  • The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for the U.S. Public Sector is available to subscribers or for one-time purchase on this webpage .

U.S. Firms Embrace Microsoft Clouds as Needs Evolve

Retrieved on: 
星期一, 四月 15, 2024

Partly due to the large number of Microsoft implementations in the country, the U.S. is the leading market for Microsoft cloud services.

Key Points: 
  • Partly due to the large number of Microsoft implementations in the country, the U.S. is the leading market for Microsoft cloud services.
  • “The Microsoft ecosystem is aggressively expanding its capabilities to empower and support companies adopting all Microsoft cloud services,” said Shriram Natarajan, director, Digital Business Transformation, for ISG.
  • Microsoft 365 productivity applications have become central to enabling distributed and hybrid workforces, increasing efficiency and advancing digital transformation.
  • The 2024 ISG Provider Lens™ Microsoft Cloud Ecosystem report for the U.S. evaluates the capabilities of 37 providers across five quadrants: Managed Services for Azure, Microsoft 365 Services, SAP on Azure Services, Power Platform Services and Generative AI Services for the Microsoft Clouds.

GLP Works with Foundry for AI by Rackspace (FAIR) Experts to Integrate Microsoft Azure OpenAI Service to Drive Innovative Asset Management Strategies

Retrieved on: 
星期一, 四月 8, 2024

A Generative AI-enabled intelligent system was developed by integrating Microsoft Azure OpenAI Service.

Key Points: 
  • A Generative AI-enabled intelligent system was developed by integrating Microsoft Azure OpenAI Service.
  • The system is capable of deep diving into its data to answer complex business inquiries.
  • GLP is currently rolling out the chatbot to the rest of the organization," said Miao Song, Global Chief Information Officer, GLP.
  • We are committed to supporting organisations such as GLP in their journey to leverage Generative AI solutions responsibly and securely.

Rackspace Technology Launches Rackspace UK Sovereign Services for Secure, Cost-Effective Workloads in the UK Public Sector and Regulated Services

Retrieved on: 
星期三, 三月 27, 2024

The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.

Key Points: 
  • The offering provides end-to-end, digitally sovereign cloud services for the UK public sector and other regulated industries.
  • Rackspace UK Sovereign Services prioritises customer data security aligned with the recommendations of the UK National Cyber Security Centre & NHS England amongst other UK regulatory bodies.
  • This truly digital Sovereign offering allows for the UK public sector to achieve cost savings and compliance all through a single provider, without compromising on security or performance,” said Rick Martire, General Manager for Sovereign Services, UK at Rackspace Technology.
  • Rackspace UK Sovereign Services key features include:
    Fully managed end-to-end solution with a pre-built blueprint, anti-malware protection, vulnerability scanning, performance monitoring and system patching included as standard.

AI Transitioning from Ideation to Industrialization for Critical Business Operations, According to New Rackspace Technology FAIR 2024 AI Research

Retrieved on: 
星期二, 三月 26, 2024

The research report results also revealed that nearly one-third of respondents have successfully integrated AI into their business operations, highlighting AI’s exceptionally rapid adoption and evolution.

Key Points: 
  • The research report results also revealed that nearly one-third of respondents have successfully integrated AI into their business operations, highlighting AI’s exceptionally rapid adoption and evolution.
  • Companies are also seeing internal benefits, with 29% saying they have fully integrated AI and 31% at the early stages.
  • Instead, companies across the board have jumped in with both feet,” said Srini Koushik, President AI, Technology, and Sustainability, Rackspace Technology.
  • Commissioned by Rackspace Technology, the survey was conducted by Coleman Parkes Research in January and February 2024.

Ternary Appoints Bob Kilbride as Head of Channel and Alliances and Unveils New Partner Program for Managed Service Providers

Retrieved on: 
星期一, 四月 8, 2024

SAN MATEO, Calif., April 8, 2024 /PRNewswire-PRWeb/ -- Ternary, a leader in multi-cloud FinOps software, announced today the appointment of Bob Kilbride as Head of Channel and Alliances and the debut of the company's enhanced MSP partner program.

Key Points: 
  • Kilbride comes to Ternary from Apptio, where he led several strategic channel initiatives.
  • At CloudHealth, Kilbride spearheaded the development and execution of global channel sales strategy, resulting in tremendous growth and a thriving managed service provider (MSP) community.
  • Kilbride's track record of dedication to partner success earned him recognition as one of CRN's 50 Most Influential Channel Chiefs in 2019.
  • Rackspace Technology, a leading managed service provider globally, partners with Ternary to deliver value to Google Cloud customers.