Cloud Computing: Rackspace: In search of really huge accounts
November 7, 2012
Grazed from GigaOM. Author: Barb Darrow.
With its OpenStack-based cloud coming online, Rackspace CEO Lanham Napier says the company can take on Amazon Web Services for the biggest of big accounts, provided those accounts want the sort of value-add service Rackspace provides.
OpenStack gives Rackspace the scale it needs to attack the biggest of big public and private cloud customers, according to CEO Lanham Napier. Now it just needs to snag a few of those customers…
The need for big reference accounts for the OpenStack-powered Rackspace cloud, was a recurrent theme on the company’s third quarter earnings call Tuesday night and in a subsequent phone interview I conducted with Napier. For the quarter, the company reported $27.2 million, or 19 cents per share, in profit — up from $20 million (14 cents per share) from the year-ago period. Overall revenue grew 27 percent to $336 million…
Read more from the source @ http://gigaom.com/cloud/rackspace-in-search-of-really-huge-accounts/