Rackspace Technology, Inc.

Rackspace Technology is a leading end-to-end hybrid cloud and AI solutions company. The company operates the full technology stack, from governed private cloud infrastructure to AI deployed in production environments. Rackspace Technology designs, integrates, and operates the infrastructure, data foundations, and software platforms from edge to core to cloud. Their solutions are built for regulated and mission-critical environments where uptime, data sovereignty, and operational accountability are essential. Cloud infrastructure is the foundation of enterprise technology, and AI is reshaping its design, operation, and governance. Businesses have increased their use of cloud technologies due to the explosive growth in data volumes and the need for scalable infrastructure, the need to compete with "digital natives," and the emergence of AI as a transformative business capability. The cost to maintain company-owned data centers ("on-premises" or "on-prem") has become cost prohibitive due to constant hardware upgrades, physical infrastructure maintenance, and security patching. Companies are also reducing on-premises operations budgets to fund cloud management operations and skill development. AWS, Google Cloud, and Microsoft Azure are established backbones of enterprise computing, investing billions in infrastructure, AI services, security, and product innovation. VMware by Broadcom is a leading provider of private cloud technology, allowing enterprises to extend cloud operating models into governed, sovereign environments.