Rackspace, Akamai Partner for SMB and Enterprise Cloud Security
The relationship combines Akamai’s Web Application and API Protection with Rackspace Elastic Engineering for Security (which is a managed service). The goal: Allow end-customers. Additional benefits, the duo asserts, include automatic API discovery and security, adaptive and more accurate detections, built-in bot mitigation and cloud topology/architecture.
Rackspace Managed Security Services: Growing Focus?
The partnership is particularly timely for Rackspace. The multi-cloud MSP is better known for various cloud and application migration capabilities. The company has a managed security strategy, but Rackspace executives barely mentioned security opportunities during the MSP’s February 2022 earnings call with Wall Street analysts.
Meanwhile, Rackspace investors ($RXT) appear concerned about potential slowing grow at the company. The 2022 growth concerns surfaced after Rackspace laid off 10 percent of its staff and offshored some support responsibilities in mid-2021.
Instead of competing against public cloud providers, Rackspace in recent years shifted to multi-cloud partnerships with Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. Moreover, Rackspace has expanded its co-managed, multi-cloud security services.
The Rackspace business transformation has involved multiple tuck-in acquisitions and investments — such as Microsoft Azure partner Just Analytics, and managed Kubernetes provider Platform 9. Additional buyouts have included RelationEdge, Datapipe, TriCore Solutions, and Onica.