Rackspace Fiscal Drift Red Cloud computing prospects

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The prospect of cloud computing is broad, Rackspace proves it. This week, Rackspace released revenue for the fourth quarter of 2011 and revenues for the year 2011. Since the company's establishment 12, annual income for the first time more than 1 billion dollars.

Rackspace's success comes mainly from its business in cloud hosting. As one of the founders of the Open source computing platform OpenStack, Rackspace will be fully transplanted to OpenStack in the future, which is bound to generate more revenue.

"Clearly, 2011 was a groundbreaking year for Rackspace. The earnings of the quarter were the highest since the 2008 financial crisis. "Rackspace's president, Lanham Napier, said at the company's financial report. "In 2011, we achieved the goal of two consecutive years of gross income growth, with an annual income of more than 1 billion dollars." ”

In the fourth quarter of 2011, Rackspace's total income was $283,000,000 trillion, up 32% from a year earlier. The net profit for the quarter was $25,000,000 trillion, up 85% annually. In fiscal year 2011, Rackspace's total income was $1.03 billion trillion, with annual net profit of $76.4 million.

From the income curve, Rackspace's annual income has maintained steady growth for three consecutive years. Napier said revenue growth rose to 31% in 2011, compared with 24% and 18% in 2010 and 2009 respectively.

"The main thrust of corporate revenue growth is our expansion in the public cloud business," Napier said. "In 2011, our public cloud business grew by 88%, with a share of more than 20% per cent of our total revenue." ”

Rackspace is also constantly developing openstack, making it one of the core areas of the company's business. OpenStack is the open source cloud computing platform developed by Rackspace and NASA in 2010. At present, there are more than 140 OpenStack Rackspace, including Cisco, At&t, HP and Dell.

"By the end of this year, the process of porting cloud server business to OpenStack will be in beta, and we need to continue to consolidate our dominance in cloud computing, which is an example." "Napier said. "The full adoption of OpenStack will be the core of our 2012-year development." ”

Napier also added that OpenStack technology would be the basis for many new products Rackspace, including the cloud database and cloud Firewall to be launched.

At present, Rackspace has some OpenStack based business software products, such as Rackspace Cloud Private Edition, but the company's main hosting business does not run on the OpenStack.

"Besides the public cloud platform, OpenStack will be the technical basis for many new services," Napier said. "In short, OpenStack will be the basis for our future development and expansion of our business."

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(Responsible editor: Liu Fen)