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Rackspace Technology, Inc.: Rackspace Technology Announces Strategic Investment in Platform9 and Launches Rackspace Managed Platform for Kubernetes
SAN ANTONIO, April 29, 2021, the leading SaaS Managed Kubernetes provider for distributed clouds, and launched
Rackspace Managed Platform for Kubernetes. Driven by a shared multicloud vision, both companies will collaborate and deeply align on products, technologies, and go-to-market activities. The investment from Rackspace Technology comes at a critical point as the industry moves closer to a multicloud and distributed clouds future, saidSirish Raghuram, CEO of Platform9. We are looking forward to working with the Rackspace Technology team to accelerate our customers cloud journeys. Platform9 s SaaS managed Kubernetes, paired with the Rackspace Technology team s unmatched leadership in managed operations along with Fanatical Experience is a game-changer in distributed Kubernetes management.
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FELTON, California, Feb. 10, 2021 /PRNewswire/ The global
edge computing market size is projected to reach USD 43.4 billion by 2027 and registering a CAGR of 37.4% during the forecast period from 2020 to 2027, according to a new report by Million Insights. Numerous applications with 5G technology are changing traffic patterns and opening technology growth opportunities for telecom providers. This factor has become a threat for cloud leaders and they have started to invest in edge ecosystem by partnering with telecom companies.
The growing adoption of edge computing by telecom companies is anticipated to open new growth avenues in Multi-access Edge Computing (MEC) market space. This MEC allows enterprises to reduce network congestion and also ensure high performance of applications by fetching processing tasks along with running applications close to cellular customers. Moreover, growing implementation of edge computing at mobile edge nodes and base stations