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Stock impact report

Rackspace Technology Introduces Rackspace SPOT, Cloud Infrastructure Auctioned in a Real-time Open Market and Delivered as Turnkey, Fully Managed Kubernetes Clusters [Yahoo! Finance]

Rackspace Technology, Inc. (RXT) 
Company Research Source: Yahoo! Finance
SAN ANTONIO, March 19, 2024 (GLOBE NEWSWIRE) -- Rackspace Technology ® (NASDAQ: RXT) , a leading end-to-end hybrid, multicloud, and AI technology solutions company, introduced today Rackspace SPOT, the world's only open market auction for cloud servers. Rackspace SPOT offers instant online sign-up, a customer-driven bidding process that allows users to set compute market prices, with capacity delivered as turnkey, fully managed Kubernetes clusters. "Rackspace SPOT offers a unique open market auction model that provides cost-effective cloud infrastructure solutions for small to medium enterprises, startups, digital companies, and developers,” said Lance Weaver, Rackspace Technology Chief Product and Technology Officer, Private Cloud Business Unit. “With high-availability Kubernetes clusters and market-based dynamic pricing, organizations can scale resources up or down as needed and obtain cloud infrastructure at the best possible price. The transparency of the auction process provid Show less Read more
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