Rackspace Technology(US:RXT) Globenewswire·2025-02-20 20:30Core Insights - Rackspace Technology has entered a significant 10-year partnership with Seattle Children's Hospital to provide a managed cloud solution aimed at transforming their data center operations and modernizing infrastructure for both clinical and non-clinical workloads [1][2] - The collaboration is expected to enhance agility, reliability, scalability, and security while significantly reducing IT costs for Seattle Children's, allowing them to focus on improving patient care and advancing pediatric research initiatives [1][3] Company Overview - Rackspace Technology is recognized as a leading end-to-end hybrid cloud and AI solutions provider, capable of designing, building, and operating cloud environments across major technology platforms [4] - The company employs a Cost and Productivity Optimization (CPO) assessment framework to evaluate IT infrastructure spending, which helps in simplifying operations and phasing out legacy technologies [2] Partnership Details - The agreement will enable Seattle Children's to leverage Rackspace's Healthcare Cloud, combining managed services with hybrid cloud solutions to enhance security, efficiency, and operational resilience [3] - Rackspace will manage Seattle Children's workloads on its private cloud and major platforms like Azure and AWS, ensuring availability, performance, and automation [2][3]