Rackspace CEO Bets the (Server) Farm on ‘Open Cloud’
Grazed from TheStreet. Author: James Rogers.
Only three years ago, companies were nervous about the potential security and management risks of sending critical data and services into the "cloud." Today, the cloud-computing industry has developed so rapidly that Rackspace(RAX) has put its faith in open-source cloud technology.
Rackspace developed OpenStack, an open-source cloud operating system in 2010, and is now cranking up its efforts around the technology. Earlier this month the San Antonio, Texas-based firm announced OpenStack-powered versions of its flagship Cloud Server offering. Rackspace also unveiled a Cloud Databases offering and a Control Panel product for managing the services, both built on OpenStack.
"We’re working hard to build an open-cloud company," Rackspace CEO Lanham Napier said during an interview. Rackspace, he added, will launch additional open-cloud services during its third and fourth fiscal quarters…


Nobody likes to find themselves locked into a particular vendor, and that’s doubly true when it comes to cloud computing.