It’s been a tumultuous week at Rackspace. On Wednesday, the company appointed Joe Eazor - who worked with former CEO Taylor Rhodes and interim CEO Jeff Cotten at EDS in the 1990s - as its chief executive. And yesterday, the company made public its decision to buy enterprise application management platform TriCore solutions.
Changing with the times
Like Rackspace, TriCore provides managed infrastructure services, but it also does consulting, outsourced IT services, and delivers managed applications from vendors such as Oracle and SAP, used for business analytics, Enterprise Resource Planning (ERP) and data integration; the latter being the main resource Rackspace wishes to gain from the purchase, as it can scarcely compete with major cloud hosting companies anymore, read the rest here