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RACKSPACE TECHNOLOGY, INC.

(RXT)
  Report
Delayed Nasdaq  -  04:00:00 2023-02-07 pm EST
3.130 USD   +0.64%
11:23aRackspace Technology to Provide Technical Support to Saudi Arabia Data Agency
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09:46aRackspace Signs Deal with Saudi Arabia's Data, AI Government Agency
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09:03aSaudi Data and AI Authority (SDAIA) and Rackspace Technology Sign Memorandum of Understanding
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Join Rackspace Technology at AWS re:Invent Breakout Session: Ready, Set, Innovate: Building for the Future

11/29/2022 | 12:16pm EST

Rackspace Technology customer Innovyze to discuss transforming its desktop product to a purpose-built SaaS platform, Info360

SAN ANTONIO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT)— a leading end-to-end, multicloud technology solutions company, today announced it will host an AWS re:Invent Breakout Session: Ready, Set, Innovate: Building for the Future on Thursday, December 1, 2022, 3:30 – 4:30 p.m. at Mandalay Bay in the Jasmine Room.

Jeff DeVerter, CTO Rackspace Technology, Rick Gruenhagen, CTO Innovyze, & Boaz Brudner, Head of Innovyze Saas Engineering AI & Architecture will take the stage to talk about all things innovation. Innovyze is an Autodesk company and a global leader in building innovative, industry-leading software for the water industry for over 25 years.

In this session Innovyze will discuss how the company transformed its desktop product to a purpose-built SaaS platform, Info360, which helps customers provide clean drinking water, treat wastewater, and enables cities and municipalities to monitor in real-time and manage their systems to identify challenges before they become crises.

Racksapce Technology is celebrating 11 years of sponsoring re:Invent as an AWS Premier Consulting Partner and Platinum Sponsor of AWS re:Invent 2022. Onica by Rackspace Technology has exciting activities planned to include GameDay, breakout sessions, a fun, interactive in-booth experience, theater presentations, and networking events at booth 244 at The Expo at The Venetian in Las Vegas, NV, through December 1.

Check out the Rackspace Technology blog and follow us on LinkedIn for re:Invent insights and highlights of the AWS announcements, keynotes, and launches coming out of re:Invent this year.

For conference info, event registration, and a complete list of featured customers click here.

About Rackspace Technology

Rackspace Technology is a leading end-to-end multi-cloud 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


All news about RACKSPACE TECHNOLOGY, INC.
11:23aRackspace Technology to Provide Technical Support to Saudi Arabia Data Agency
MT
09:46aRackspace Signs Deal with Saudi Arabia's Data, AI Government Agency
DJ
09:03aSaudi Data and AI Authority (SDAIA) and Rackspace Technology Sign Memorandum of Underst..
GL
09:00aSaudi Data and AI Authority (SDAIA) and Rackspace Technology Sign Memorandum of Underst..
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02/01Rackspace Technology Adds Amazon Web Services to Government Solutions Platform
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02/01Rackspace Technology Government Solutions Receives Authorization to Operate on AWS in F..
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02/01Rackspace Technology Appoints Leading Technology Executive Anthony Roberts to Board of ..
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02/01Rackspace Technology Appoints Leading Technology Executive Anthony Roberts to Board of ..
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Analyst Recommendations on RACKSPACE TECHNOLOGY, INC.
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Financials (USD)
Sales 2022 3 112 M - -
Net income 2022 -651 M - -
Net Debt 2022 3 236 M - -
P/E ratio 2022 -1,01x
Yield 2022 -
Capitalization 661 M 661 M -
EV / Sales 2022 1,25x
EV / Sales 2023 1,27x
Nbr of Employees 6 600
Free-Float 96,1%
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Mean consensus HOLD
Number of Analysts 11
Last Close Price 3,13 $
Average target price 5,00 $
Spread / Average Target 59,7%
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Managers and Directors
Amar Mandanna Maletira President, Chief Executive Officer & Director
Bobby Molu Chief Financial Officer
David Benjamin Sambur Chairman
Srini Koushik Chief Technology Officer
Holly B. Windham Secretary & Chief People Officer
Sector and Competitors