Rackspace Stock Forecast: Rackspace Can Dominate The Managed Cloud Market

backspace stock forecastRackspace Stock Forecast

Rackspace Hosting, Inc., provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. Founded in 1998 by three Trinity University classmates, Rackspace is a global company headquartered in San Antonio, Texas, with more than 200,000 customers and $1.5 billion in annual revenue. Rackspace is the number one managed cloud company, with technical expertise and Fanatical Support allowing companies to tap the power of the cloud without the pain of hiring experts in dozens of complex technologies.