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July 15, 2014
09:12 EDTRAXRackspace introduces new service-based pricing model
Rackspace announced a new strategy to deliver public cloud services to the market, stating that it enhanced its managed cloud service levels and launched a more transparent service-based pricing model. Both service levels --"Managed Infrastructure" and "Managed Operations"-- feature more services and expertise at lower total cost than companies would spend managing cloud operations on their own, Rackspace said. Rackspace said it offers two approaches to deliver its Managed Operations service level to customers: In one approach, Rackspace logs into the customer's servers to manage and, when necessary, help fix them; the other leverages Rackspace DevOps Automation Service, which manages a customer's infrastructure as code, to help it achieve faster deployments and streamlined operations. Additionally, customers on both managed cloud service levels will now receive Rackspace Cloud Monitoring at no charge. Rackspace's new pricing model applies to all new public cloud customers, and is optional for existing ones, the company said. Managed Infrastructure service level offers an hourly service level rate of $0.005/GB RAM, with a $50 per month minimum, plus standard infrastructure rates. Managed Operations service level offers an hourly service level rate of $0.02/GB RAM, with a $500 per month minimum, plus standard infrastructure rates. Rackspace also will continue to provide volume pricing discounts, the company noted.
News For RAX From The Last 14 Days
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October 27, 2014
10:00 EDTRAXOn The Fly: Analyst Upgrade Summary
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08:42 EDTRAXRackspace upgraded at BofA/Merrill
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06:53 EDTRAXRackspace upgraded to Buy from Neutral at BofA/Merrill

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