- Rackspace Technology (RXT, Financial) introduces OpenStack Flex, a new enterprise-grade, multi-tenant IaaS solution.
- The platform is designed to prevent vendor lock-in and supports hybrid cloud modernization.
- OpenStack Flex offers 24/7 expert support and a cost-efficient license-free infrastructure.
Rackspace Technology (NASDAQ: RXT), a prominent hybrid and AI solutions firm, has unveiled OpenStack Flex, an innovative Infrastructure-as-a-Service (IaaS) solution. This enterprise-ready service is designed to meet the growing demand for vendor-independent cloud infrastructure, providing a secure and open cloud service backed by the co-created OpenStack software with NASA.
OpenStack Flex delivers several key features that include high availability, fault tolerance, and scalability without licensing fees, making it a cost-effective solution for businesses looking to modernize their cloud environments. The service also integrates orchestration for operating systems, virtual machines, and containers, ensuring seamless application deployment and management.
Lance Weaver, Chief Product and Technology Officer of Rackspace Private Cloud, emphasized the service's capability to simplify workload management across hybrid cloud landscapes while maintaining agility and compliance. Rackspace's commitment to supporting customers with its "Fanatical Support" is a fundamental aspect of the offering, ensuring that customers receive the necessary guidance and confidence in their technology stack.
According to IDC Research Director Rob Tiffany, over 80% of cloud buyers are planning to modernize their cloud estates, with nearly 90% already engaging or deploying hybrid cloud solutions. Rackspace's OpenStack Flex is strategically positioned to capitalize on this trend, addressing vendor lock-in concerns and enhancing hybrid-cloud effectiveness.
In a competitive cloud services market, Rackspace's move to leverage its OpenStack co-creator expertise could provide a significant differentiation. However, the company will need to overcome challenges in a landscape dominated by major cloud providers.
For businesses looking for an open-source, scalable, and cost-efficient cloud infrastructure, Rackspace OpenStack Flex could be a compelling choice that aligns with modernization objectives while avoiding vendor lock-in and optimizing hybrid-cloud operations.
