Rackspace Hosting, the world’s leading specialist in the hosting and cloud computing industry, today announced that it has been positioned in the Leaders section of the prestigious industry assessment conducted each year by analysts at Gartner Inc.
“2010 Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting.”
The Gartner assessment, performed by the firm’s IT industry experts, evaluates providers based on the completeness of their vision and their ability to execute. It categorizes providers in quadrants labeled Niche Players, Challengers, Visionaries, and Leaders. Rackspace was among the 20 providers assessed by Gartner.
As stated by Gartner in the report, “This is a time of both great opportunities and great risks for the service providers in this market. New entrants are altering the landscape, and established hosters that previously lagged the market have been able to make bold investments in an attempt to catch, or even overtake, more established competitors. Most providers are investing aggressively in technology innovation and exploitation, and we believe that mergers and acquisitions will become more commonplace as vendors seek to decrease their time to market, obtain engineering expertise with new technologies, and build market share.”
According to the report, “Leaders have proved they have staying power in this market, can frequently innovate on their existing products and can be relied on for enterprise-class needs. They have proved their technical competence and ability to deliver services to a wide range of customers. They address multiple use cases well. New managed hosting customers should sign two-year contracts with these companies. Satisfied customers renewing a contract with one of these firms should sign a three-year deal. Cloud IaaS customers should buy these services on demand, or in contracts of one year or less.”
According to Rackspace CEO Lanham Napier, “The year 2010 was an exceptional one for Rackspace, from our launch of OpenStack to our defining of a new category in hosting with our managed public cloud offering. We continued to innovate to provide our customers with the best hosting solutions for their needs, and Fanatical Support to back up those solutions. With the dawn of a new year comes endless possibilities, and we’re looking forward to continuing our momentum throughout 2011 and beyond.”
About Rackspace Hosting
Rackspace Hosting is the world’s leading specialist in the hosting and cloud computing industry, and the founder of OpenStack, an open source cloud platform. The San Antonio-based company provides Fanatical Support® to its customers, across a portfolio of IT services, including Managed Hosting and Cloud Computing. In 2010, Rackspace was recognized by Bloomberg BusinessWeek as a Top 100 Performing Technology Company and listed on the InformationWeek 500 as one of the nation’s most innovative users of business technology. The company was also positioned in the Leaders Quadrant by Gartner Inc. in the “2010 Magic Quadrant for Cloud Infrastructure as a Service and Web Hosting.” For more information, visit www.rackspace.com.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2010 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.