*Graph courtesy of datacenterknowledge
Posts Tagged ‘rackspace cloud’
Rackspace Hits 100,000 Customers
Tuesday, May 4th, 2010Rackspace Hosting Reports First Quarter 2010 Results
Monday, May 3rd, 2010–Net revenue of $178.8 million grew 23.2% year-over-year and 5.5% from Q4 2009
–Adjusted EBITDA(1) of $59.4 million grew 31.8% year-over-year and 6.1% from Q4 2009
–Achieved adjusted EBITDA margin of 33.2%, up from 31.1% in Q1 2009 and 33.0% in Q4 2009
–Net income of $9.8 million grew 48.9% year-over-year and 8.6% from Q4 2009
“We are very pleased with our performance in Q1 as we accelerated revenue growth while improving margins,” said Lanham Napier, president and chief executive officer. “2010 will be an exciting year for Rackspace. Our advantages as the leader and specialist in hosted computing, and provider of Fanatical Support(R), are validated every day by customers who pay us premium rates, stay with us for years, and recommend us to their friends. Our customers are incredibly loyal. We aspire to serve them so well that we will be known as the most trusted company in all of IT. We have earned a strong position in the market, and we will create more and more value for our stakeholders. We see the opportunity, and we intend to grab it.”
Cloud Computing Integrates Next-Gen Databases
Monday, April 12th, 2010“With every minute of uptime crucial, developers need to be able to deploy backend solutions for their Websites that house, support and access huge amounts of related data,” says Jonathan Bryce, Co-Founder and CTO of The Rackspace Cloud. “Without it, both vendor and developer will be seeing that dreaded error message more often than not.”
Jonathan will be presenting at Cloud Expo at the Javits Center in New York. The section entitled, “Next-Generation Databases: Where Do They Fit in Your Environment?”
He was the person at Rackspace that was responsible for creating The Rackspace Cloud. The Rackspace Cloud is the home of Cloud Sites, Cloud Files and Cloud Servers, providing enterprise-grade hosting and storage services. Cloud computing truly is the next generation for databases.
