Rackspace Technology Migrates IFCO to Microsoft Azure for Cost Optimisation and Enhanced Flexibility to Support its Growth Agenda [Yahoo! Finance]
Rackspace Technology, Inc. (RXT)
Company Research
Source: Yahoo! Finance
services company, has today announced it fully transformed the underlying technology for IFCO, a global leader in Reusable Packaging Containers (RPCs), migrating part of its legacy on-premise IT systems to a fully modernised Microsoft Azure cloud environment. The move to the cloud supports IFCO's growth agenda, as it needed a more flexible platform. IFCO covers every aspect of RPCs management, from delivering clean containers to producers, to collecting them from retailers, to cleaning and sanitising them again, ready for redistribution. It operates a pool of over 370 million RPCs, serving customers in 50 countries worldwide, and can now focus on its sustainable retail initiatives, a key driving force for the Pullach-based company. With a large on-premises environment over 20 years old, the cost of supporting and expanding its capabilities was becoming daunting. The company's challenge was now transforming its MyIFCO system from a monolithic one to a microservices-based architectu
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News
- Rackspace Technology to Announce First Quarter 2024 Earnings May 9, 2024GlobeNewswire
- Why Rackspace Technology, Inc. (NASDAQ:RXT) Could Be Worth Watching [Yahoo! Finance]Yahoo! Finance
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- Tech's Cash Crunch Sees Creditors Turn 'Violent' With One Another [Financial Post (Toronto, Ontario, Canada)]Financial Post
RXT
Earnings
- 3/12/24 - Beat
RXT
Sec Filings
- 4/2/24 - Form 8-K
- 4/1/24 - Form 4
- 3/29/24 - Form 8-K
- RXT's page on the SEC website