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Home › Rackspace growing but its cloud is still tiny next to AWS

 

Rackspace growing but its cloud is still tiny next to AWS

2013-08-12 13:31:41| InfoWorld: Top News

Hosting provider Rackspace exceeded analyst predictions Friday when it posted strong financial results, but it continues to be dwarfed in the infrastructure as a service (IaaS) market by the juggernaut that is Amazon Web Services (AWS). Rackspace reported overall second quarter earnings of $22 million, and revenues of $376 million, up 18 percent on the previous year and beyond the Wall Street predictions of $372 million.

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