Tag Archives: Rackspace

Rackspace raises buyback to up to $1 billion

(Reuters) – Web hosting company Rackspace Hosting Inc reported a 11 percent rise in quarterly revenue and raised its share buyback programme to up to $1 billion (641 million pounds), sending its shares up 5.4 percent in extended trading on Monday. The company said the buyback is in addition to the $200 million it had already bought back. The company announced a $500 million buyback programme in November. Rackspace, which leases online storage space to companies and provides its clients management and support services, also said it expects third-quarter revenue to rise 2 percent to 3.5 percent on a constant currency basis. The company is facing tough price competition from Amazon.com Inc , Google Inc and Microsoft Corp for cloud services that includes online storage, processing power…


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Shaadi.com Hosts Over 30 Million Users With Rackspace

BANGALORE, INDIA–(Marketwired – August 21, 2014) – Rackspace®, (RAX), the #1 Managed Cloud company, today announced that Shaadi.com, the world’s largest matrimonial website, is using Rackspace dedicated hosting. Based in India, Shaadi.com manages over 200 million page views per month and over 10,000 registrations daily.

Beginning with one Rackspace server in 1998, Shaadi.com has grown exponentially since its initial deployment. Sixteen years ago, Shaadi.com saw an opportunity to build the world’s largest online matrimonial site and create an online experience that would match and heighten the traditional dating experience in India.

Today, 30 million people use Shaadi.com, 3.2 million members have found their matches through the site and the company has built over 100 matchmaking…


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80+ Rackspace Statistics and Facts [Latest Trends 2024]

In an era where safeguarding and managing data is critical, numerous IT enterprises turn to cloud services for assistance. One appealing option is Rackspace, a cloud computing provider primarily offering Managed Hosting.

However, Rackspace also furnishes cloud storage, analytics, and database solutions. With these offerings, companies need not worry about storing, analyzing or organizing expansive data volumes. Additionally, the services empower operations to scale as needs evolve. In 2022, Rackspace generated over $2.57 billion USD in revenue from its multi-cloud solutions, which accounted for around 80% of the total intake.

Interestingly, Rackspace introduced its Cloud Files product to users in 2008, integrating with OpenStack for object storage capabilities. This tool has…


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Global Virtual Private Server Market Reach to USD 8.3 Billion by 2026 | Top Players Such as – DreamHost, Rackspace & AWS

Global Virtual Private Server Market

Global Virtual Private Server Market

Increasing adoption of cloud technology across enterprises for hosting & supporting critical business functions is another factor contributing to market growth.

PORTLAND, PORTLAND, OR, UNITED STATE, July 13, 2023/EINPresswire.com/ — Allied Market Research published a new report, titled, ” The Global Virtual Private Server Market Reach to USD 8.3 Billion by 2026 | Top Players Such as – DreamHost, Rackspace & AWS.” The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain…


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Hosting Infrastructure Service Market Size & Analysis By 2023 -2032 -Amazon Web Services, GoDaddy, Hewlett Packard, Google, IBM Corporation, Rackspace, CenturyLink, Internap Corporation, Microsoft – Te Waha Nui

A market study Global examines the performance of the Hosting Infrastructure Service 2023. It encloses an in-depth analysis of the Hosting Infrastructure Service state and the competitive landscape globally. The Global Hosting Infrastructure Service can be obtained through the market details such as growth drivers, latest developments, Hosting Infrastructure Service business strategies, regional study, and future market status. The report also covers information including Hosting Infrastructure Service industry latest opportunities and challenges along with the historical and Hosting Infrastructure Service future trends. It focuses on the Hosting Infrastructure Service dynamics that is constantly changing due to the technological advancements and socio-economic status.

Pivotal…


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