Lew Moorman of Rackspace has announced in a blog post Tuesday night that he is stepping down as president of the company. He, however, announced that he still intends to hold a board of director position for the company’s hosting and cloud computing services, which he has been an important contributor since 2000. Moorman has…
Rackspace recently launched its “mobile-ready” stack for developers which allow them to use the pre-packaged backend repeatedly every time they have a mobile project. According to John Engates, Rackspace CTO, the firm is including experience and expertise in its pre-packaged backend so that developers need not spend a lot of time in developing the backend….
Study of cloud computing among 1,300 U.S. and U.K. executives, conducted by Rackspace Hosting with support from Manchester Business School in the U.K., found that cloud technologies enable significant budgetary savings. The objective of this study was to determine whether to allow companies to reduce the cloud computing technology budgets, and determine where they will…
As cloud computing technology matured, people eventually realized that hybrid cloud has its place, as it managed to change the way businesses consume cloud resources while also filling in gaps in the workload functionality of the technology. As time went by, the technology has matured further and businesses were able to connect multi-site hybrid clouds…
In an effort to boost UK as a startup hotspot, Rackspace has announced that it will provide selected business startups to be beneficiaries of £12,000 worth of cloud resources (similar to their activities in the US). Through the Rackspace Startup Program, the company has agreed to offer new and emerging businesses with free cloud computing resources…
Since its Initial Public Offering in August 2008, Rackspace Hosting’s share value has grown almost 6 times its original value. This is primarily because of the company’s growth in terms of earnings per share, revenue, and subscriber base. The cloud service provider is currently trading with an impressive profit-to-earnings ratio and analysts are warning investors…
For those individuals who want to invest in cloud computing stocks, the best advice you can have is to ensure that you have chosen the right company to invest in. Basically, you can do this by comparing the company with important statistics and financial objectives. Rackspace Hosting and Salesforce.com are 2 of the best performing…
Rackspace has launched a new cloud tool designed for businesses to verify the proper operation of the technology infrastructure from anywhere. Rackspace Cloud Monitoring has just seen the light to help any company in the process of monitoring the health of their infrastructure in the cloud. The technology comes from the acquisition of Cloudkick in…
To entice more customers to try their public clouds, Rackspace and VMware are now offering cloud computing trials either at a very low cost or for free. Rackspace and Red Hat are both offering a free version of their OpenStack’s private clouds. VMware, on the other hand, is offering free vCloud trial to the public….
With OpenStack almost finished, Rackspace has taken its own initiative to rebrand itself in order to put emphasis on open cloud. Although it is keeping its Rackspace Hosting name, there’s going to be a new logo as it moves to offer open cloud computing. The announcement is made in time for the release of its…