{"id":539233,"date":"2021-09-16T11:08:11","date_gmt":"2021-09-16T15:08:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rackspace-data-freedom-eliminates-cloud-lock-in-and-runaway-transit-costs\/"},"modified":"2021-09-16T11:08:11","modified_gmt":"2021-09-16T15:08:11","slug":"rackspace-data-freedom-eliminates-cloud-lock-in-and-runaway-transit-costs","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rackspace-data-freedom-eliminates-cloud-lock-in-and-runaway-transit-costs\/","title":{"rendered":"Rackspace Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs"},"content":{"rendered":"<h2>\nNew Offering Addresses Common Pain Point Affecting Public Cloud Users<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">SAN ANTONIO, Sept.  16, 2021  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=byKfs-rQRQfFHRfc0YAr4HDapeVMhyxuNYJTP5qRhxZg_Fwv3qDMQ3LkkVYw-zjUSSsi9ojEtC_S5o_mOoabvWn33iQ30E3L3IiDfbn0KNE=\" rel=\"nofollow noopener\" target=\"_blank\">Rackspace Technology<\/a><sup>\u00ae<\/sup>(NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the launch of Rackspace Data Freedom, a new platform that allows customers to disaggregate storage from public cloud compute, freeing an organization\u2019s data from being subject to often unpredictable and overwhelming public cloud data egress charges.<\/p>\n<p>\u201cData egress charges are an issue that organizations have been grappling with for years, but until now no provider has offered an intuitive solution for managing these costs or a footprint that comes close to the magnitude of ours,\u201d said Michael Levy, director of product from Rackspace Technology. \u201cUsing the connectivity and data center ecosystem we have cultivated; we are helping our clients more effectively manage their public cloud transit costs and guaranteeing multicloud data accessibility.\u201d<\/p>\n<p>According to a recent survey conducted by IDC of more than a thousand U.S. technology executives, titled <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y8eKTWcrz3KJnwSC8QN0NjPVDyseSzl_pPPukVkZwhEA2M1gPttQVbOs3a5elFvYvqc8YASCS_vHgY7BkT73sR25ZwBeTi5wxcJ_aXP5TdtYjeInFfSuOMzE8CdGiLdn69wnKJckfiCY30qP08yWXA==\" rel=\"nofollow noopener\" target=\"_blank\">Future-Proofing Storage<\/a>, 99% of respondents said they incur planned or unplanned egress fees at least on an annual basis.* Rackspace Data Freedom offers the ability to retain sovereignty of data and the flexibility of a multicloud approach. All applications and native toolsets, regardless of the cloud in which they reside, call back to the same data repository, eliminating the need for costly replications. Any data that must make its way to a public cloud sees discounted egress rates when subsequently transferred to any other cloud, mitigating costly transit fees plaguing the majority of public cloud users.<\/p>\n<p>Key benefits of Rackspace Data Freedom include:<\/p>\n<p>\n        <strong>Cost management<\/strong>: Rackspace Data Freedom users can avoid large-scale data migrations to the public cloud and achieve transit cost savings of as much as 83% by utilizing the Rackspace Technology private network as opposed to the public internet.<\/p>\n<p>\n        <strong>Unshackling information<\/strong>: Leveraging RackConnect<sup>\u00ae<\/sup> Global, users can maintain multiple private, low-latency virtual connections over one resilient physical connection from the disaggregated storage environment, so application and toolsets across multiple public cloud vendors and zones operate as a seamless whole.<\/p>\n<p>\n        <strong>Customized storage solutions<\/strong>: Customers can count on industry proven storage hardware from leaders such as Dell Technologies and NetApp. From basic hybrid models to high performance all-flash platforms, protocol types and even advanced features or expansion shelves, Rackspace Technology builds the best solutions in accordance with customer\u2019s specific requirements.<\/p>\n<p>\u201cIn a multi-cloud world, storing data in a single cloud platform can pose challenges and increase costs for customers when they need to access their data,\u201d said Bill McCarthy, vice president, Global Alliances, Americas at Dell Technologies. \u201cThe Rackspace Data Freedom platform with Dell Technologies file and object storage provides customers a cloud adjacent storage solution with low latency connectivity to leading hyperscalers. This solution offers customers another option to share their data to the cloud of their choice, help eliminate lock-in, and reduce data movement fees.\u201d<\/p>\n<p>\u201cEnterprises are increasingly adopting a hybrid cloud strategy to drive digital transformation; it\u2019s all about ensuring the right data gets to the right people \u2013 wherever and whenever they need it \u2013 to compete and thrive in today\u2019s global digital economy,\u201d said Praveena Vajja, vice president of ONTAP Product Management at NetApp. \u201cAs the only provider of hybrid solutions that offers native integration with the world\u2019s leading public clouds, NetApp is delivering a new level of freedom and control to move and manage workloads easily and securely across on-prem, hybrid, and multi-cloud environments. And with more financial flexibility, customers can now take advantage of Rackspace Data Freedom to avoid paying massive fees just to access their critical resources in the cloud.\u201d<\/p>\n<p>\u201cBeing able to pull your data out of the cloud to leverage multiple applications and tools set across different cloud environments without having to worry about cost overruns is key to making a multicloud strategy work,\u201d said Misha Cetrone, vice president of strategic partnerships from Megaport. \u201cHaving helped build Rackspace\u2019s private network backbone over the years we applaud their ability to ensure that customers\u2019 data never has to touch the insecure, congested public Internet by interconnecting cloud providers in the core with endpoints at the edge all across the globe.\u201d<\/p>\n<p>Rackspace Data Freedom is available globally in all Rackspace Technology data centers and colocation facilities and connects to most cloud environments including all VMware Cloud environments, AWS, Microsoft Azure, Google Cloud and more.<\/p>\n<p>\n        <strong>About Rackspace Technology <\/strong>\n      <\/p>\n<p>Rackspace Technology is a leading end-to-end multicloud technology services company. We can design, build and operate our customers\u2019 cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products and adopt innovative technologies.<\/p>\n<p>*Source: IDC Whitepaper, sponsored by Seagate Technology, &#8220;Future Proofing Storage,&#8221; #US47565321, March 2021<\/p>\n<p>\n        <strong>Contact: <\/strong><br \/>\n        <br \/>Natalie Silva <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=l9-9Jto6n8iNuI3ulmMYTk_SDUFw3-by0-zByUXKyzuX9yDveK0jZgFZ9G99FCQG3nM-b6cHZUgG2mbpQtvCN5DSceQdcg54yX1InREVo5Lnc6BB3pplCmERlEcuG-7R\" rel=\"nofollow noopener\" target=\"_blank\">publicrelations@rackspace.com<\/a><\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODMyNjk1MCM0NDA4MTQ3IzIwMDU3MjQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/Y2EyNTYzNjEtMmM4Yi00ZGE1LWExNWUtNDBlNmRhYzJlNDYwLTEwMTcyOTc=\/tiny\/Rackspace-Technology-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New Offering Addresses Common Pain Point Affecting Public Cloud Users SAN ANTONIO, Sept. 16, 2021 (GLOBE NEWSWIRE) &#8212; Rackspace Technology\u00ae(NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced the launch of Rackspace Data Freedom, a new platform that allows customers to disaggregate storage from public cloud compute, freeing an organization\u2019s data from being subject to often unpredictable and overwhelming public cloud data egress charges. \u201cData egress charges are an issue that organizations have been grappling with for years, but until now no provider has offered an intuitive solution for managing these costs or a footprint that comes close to the magnitude of ours,\u201d said Michael Levy, director of product from Rackspace Technology. \u201cUsing the connectivity and data center &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rackspace-data-freedom-eliminates-cloud-lock-in-and-runaway-transit-costs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Rackspace Data Freedom Eliminates Cloud Lock-in and Runaway Transit Costs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-539233","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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