Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

RACKSPACE TECHNOLOGY, INC.

(RXT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Rackspace Technology : and Sentrics Enhance Senior Digital Experience with Innovative AI/ML Initiatives

07/28/2021 | 12:43am EDT
Rackspace Technology and Sentrics Enhance Senior Digital Experience with Innovative AI/ML Initiatives

July 27, 2021

Rackspace Technology and Sentrics Enhance Senior Digital Experience with Innovative AI/ML Initiatives

SAN ANTONIO - July 27, 2021 - Rackspace Technology® (NASDAQ: RXT),a leading end-to-end multicloud technology solutions company, today announced the successful completion of a major artificial intelligence (AI) and machine learning (ML) capabilities initiative for Sentrics, the company revolutionizing the future of senior living. The implementation enables voice control in Sentrics' Engage360 application, enhancing hands-free capabilities that will benefit the company's senior care facility customers.

Sentrics provides data-driven solutions that deliver a complete view of residents in assisted living care facilities. As the pandemic evolved, Sentrics knew it would have to optimize its Sentrics' Engage360 application to ensure the well-being of senior citizens who were isolated in assisted living facilities. To provide mobility impaired seniors with a voice-controlled, all-in-one digital platform, Sentrics turned to Onica, a Rackspace Technology company and an AWS Premier Consulting Partner, for AI and ML expertise. With an urgent, expedited timeline in mind, the two teams worked to quickly add voice-controlled features to Engage360, a TV platform that allows residents to communicate with family and friends, manage a personal activity calendar, request services and more.

'The impact of COVID-19 on seniors living in assisted facilities really opened our eyes to the dire need for residents to virtually engage with others in their communities,' said Cory Paterson, vice president of Technology at Sentrics. 'The Rackspace Technology team was on it and met deadlines much more quickly than we expected. As a result, we launched with a more robust product than we initially imagined, allowing us to improve the quality of life for seniors during a very serious crisis.'

To enable voice controls, the Rackspace Technology team leveraged Amazon Lex, a service for building conversational interfaces into any application using voice and text and the technology that powers Amazon Alexa. Using the artificial intelligence capabilities of Amazon Lex, Rackspace Technology created a chatbot device that connected to seniors' televisions, giving them access to an enhanced range of services. The Rackspace Technology team developed, implemented, trained and tested the natural-language-processing-powered chatbot tool ahead of the urgent six-week timeline.

'Sentrics is providing a critical resource for keeping seniors in touch with their communities while they are isolated from the outside world,' says Jeff DeVerter, CTO of Rackspace Technology. 'We look forward to seeing how Sentrics' Engage360 application will continue to evolve and benefit the lives of seniors through the pandemic and beyond.'

About Rackspace Technology

Rackspace Technology is a leading 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.

Disclaimer

Rackspace Technology Inc. published this content on 27 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2021 04:42:08 UTC.


ę Publicnow 2021
All news about RACKSPACE TECHNOLOGY, INC.
09/21Rackspace Technology Empowers Productivity with Rackspace Elastic Engineering for Micro..
CI
09/21RACKSPACE TECHNOLOGY : What does Industry 4.0 mean for manufacturing?
PU
09/21RACKSPACE TECHNOLOGY : Empowers Productivity with Rackspace Elastic Engineering for Micros..
PU
09/16RACKSPACE TECHNOLOGY : Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs
AQ
09/16Rackspace Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs
CI
09/08RACKSPACE TECHNOLOGY : Why application modernization is important for your business &mdash..
PU
09/07RACKSPACE TECHNOLOGY : Strengthens IT Infrastructure at American Geophysical Union
MT
09/07American Geophysical Union Selects Rackspace Technology to Strengthen Infrastructure
CI
09/07RACKSPACE TECHNOLOGY : AGU selected Rackspace Technology to Strengthen Infrastructure
PU
09/02RACKSPACE TECHNOLOGY : Holly Windham, Rackspace Technology Executive Vice President, Chief..
AQ
More news
Analyst Recommendations on RACKSPACE TECHNOLOGY, INC.
More recommendations
Financials (USD)
Sales 2021 2 997 M - -
Net income 2021 -171 M - -
Net Debt 2021 3 153 M - -
P/E ratio 2021 -17,4x
Yield 2021 -
Capitalization 2 968 M 2 968 M -
EV / Sales 2021 2,04x
EV / Sales 2022 1,80x
Nbr of Employees 7 200
Free-Float 98,3%
Chart RACKSPACE TECHNOLOGY, INC.
Duration : Period :
Rackspace Technology, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RACKSPACE TECHNOLOGY, INC.
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Last Close Price 14,19 $
Average target price 20,89 $
Spread / Average Target 47,2%
EPS Revisions
Managers and Directors
Kevin M. Jones Chief Executive Officer & Director
Amar Mandanna Maletira President & Chief Financial Officer
David Benjamin Sambur Chairman
Tolga Tarhan Chief Technology Officer
Holly B. Windham Secretary, EVP, Chief Legal & People Officer
Sector and Competitors
1st jan.Capi. (M$)
RACKSPACE TECHNOLOGY, INC.-25.55%2 968
ACCENTURE PLC31.31%212 220
TATA CONSULTANCY SERVICES LTD.34.91%193 576
INTERNATIONAL BUSINESS MACHINES CORPORATION6.95%120 672
INFOSYS LIMITED36.72%97 482
SNOWFLAKE INC.11.98%94 817