Niterra Partners with Rackspace for Rapid SAP Migration to Google Cloud in Two Months
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 10 2025
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Source: Globenewswire
- Accelerated Digital Transformation: Niterra partnered with Rackspace to successfully migrate its SAP ECC environment to Google Cloud in just two months, which is less than half the industry standard, significantly enhancing the company's digital capabilities and market competitiveness.
- Data Center Consolidation: The migration also involved consolidating three data centers located in Dubai, Johannesburg, and Frankfurt, optimizing the global IT infrastructure, reducing operational costs, and improving resource utilization.
- Security and Stability: Rackspace designed a secure Google Cloud landing zone for Niterra, ensuring no performance issues or downtime during the migration, which safeguarded the continuity of critical business processes and enhanced customer trust.
- Foundation for Future Innovation: This successful migration not only achieved immediate operational stability but also laid a strategic foundation for Niterra's future innovations on Google Cloud, showcasing the potential and prospects of enterprise transformation.
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Analyst Views on RXT
Wall Street analysts forecast RXT stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RXT is 1.48 USD with a low forecast of 1.30 USD and a high forecast of 1.75 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
3 Analyst Rating
0 Buy
3 Hold
0 Sell
Hold
Current: 0.710
Low
1.30
Averages
1.48
High
1.75
Current: 0.710
Low
1.30
Averages
1.48
High
1.75
About RXT
Rackspace Technology, Inc. is an end-to-end hybrid, hybrid cloud, and artificial intelligence (AI) solutions company. The Company designs, builds, and operates its customers’ cloud environments across all technology platforms, irrespective of technology stack or deployment model. The Company operates through two segments. Its Public Cloud segment is a service-centric, capital-light model providing value-added cloud solutions through managed services, elastic engineering and professional services offerings for customer environments hosted on the Amazon Web Services (AWS), Microsoft Azure and Google Cloud public cloud platforms. Its Private Cloud segment is a technology-forward, capital-intensive model providing managed service offerings for customer environments hosted in one of its data centers as well as in those owned by customers or by third parties. Private Cloud product portfolio includes Programmatic Infrastructure, Cloud Operating Systems, Platform-as-a-Service, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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