Rackspace, a Managed Hosting Service provider, announced yesterday that it has featured in the Technology Fast 50 Program for Texas, a ranking of the 50 fastest growing technology companies in the area by Deloitte & Touche USA. Rackspace’s increase in revenues of 3,581 percent from 1999 to 2003 helped it find the 5th place among the Fast 50 for Texas.
“The Deloitte Texas Crescent Technology Fast 50 companies have shown the strength, vision and temerity to succeed despite a very challenging technology environment,” said Skip Moore, regional managing partner for the Technology, Media & Telecommunications Group at Deloitte & Touche USA LLP. “We applaud the successes of Rackspace and acknowledge their place as one of the very few to accomplish such a fast growth rate over the past five years.”
“This award illustrates our leadership in the managed hosting industry and commitment to building a world-class service organization,” said Graham Weston, chief executive officer, Rackspace Managed Hosting. “We provide our customers with Fanatical Support and they respond by growing with us and recommending us to their associates.”
Winners of the 19 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies.