Rackspace Technology (NASDAQ: RXT) reported that it has been named a Top 15 Sourcing Standout by Information Services Group. ISG is a leading global technology research and advisory firm. The ISG Index provides independent quarterly review of the latest sourcing industry data and trends.
Rackspace Technology has been recognized by ISG due to its double digit revenue growth in 2020 and strong earnings results as it has outpaced revenue growth for both the fourth quarter and full year. “Due to our people, partners, expertise and automation to help customers of all sizes optimize their multicloud journey combined with our fanatical customer experience, Rackspace Technology is extremely well-positioned in the multicloud market,” said Lisa McLin, Rackspace Technology VP, Global Channel Chief. “In 2020 we made great progress towards becoming the leading pure-play multicloud services and solutions company and set the stage for years of incremental revenue growth.”
Inclusion in the ISG Index™ is based on data Rackspace Technology submits to ISG each quarter.
“The ISG Index™ is recognized as the authoritative source for marketplace intelligence on the global technology and business services industry,” said Paul Reynolds, chief research officer of ISG. “Rackspace Technology continues to establish itself as a leading and growing player in the global market for multicloud services, based on its volume of business in relation to other industry providers.”