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Rackspace Technology and Dubai Health Partner to Explore Establishing a Healthcare Digital Hub

1. Rackspace partners with Dubai Health to create Healthcare Digital Hub. 2. The hub aims to enhance patient care using cloud and AI technologies. 3. Partnership reflects Rackspace's growth strategy in the Middle East healthcare sector.

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Why Bullish?

The collaboration could lead to increased revenue and market presence in the MEA region, similar to past successful healthcare partnerships.

How important is it?

This partnership may enhance Rackspace's market position and attract investors, reflecting potential for future growth in a key sector.

Why Long Term?

The establishment of the hub may yield benefits over time as healthcare operations improve, akin to other tech-healthcare collaborations.

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SAN ANTONIO, Jan. 27, 2025 (GLOBE NEWSWIRE) -- Rackspace Technology® (NASDAQ: RXT), a leading hybrid, multicloud, and AI technology solutions company, has announced a Memorandum of Understanding (MOU) with Dubai Health to explore the establishment of a Healthcare Digital Hub. The new partnership underscores Dubai Health's commitment to leveraging technology to enhance patient care. Atif Al-Braiki, Chief Digital and AI Officer of Dubai Health, commented: “We are grateful for this partnership with Rackspace Technology, which reflects our commitment to leveraging digital innovation to enhance healthcare delivery. The tailored solutions provided by the Digital Hub will enable Dubai Health to further optimize our operations, ultimately improving patient outcomes.” The Digital Hub will leverage cloud and Artificial Intelligence (AI) technologies to optimize operational efficiency and enable innovative solutions for Dubai Health and its partners. This initiative underscores Rackspace Technology's commitment to advancing healthcare solutions in the Middle East and Africa (MEA) region. "Partnering with Dubai Health is a significant step for Rackspace Technology, aligning us with one of the most respected healthcare institutions in the region," said Amar Maletira, Rackspace Technology, Chief Executive Officer. "This MOU marks a pivotal moment in Rackspace’s growth strategy in the MEA region and demonstrates our ability to foster partnerships that drive impactful change within the healthcare industry.” About Rackspace Technology  Rackspace Technology is a leading end-to-end, hybrid, multicloud, and AI solutions company. We can design, build, and operate our customers' cloud environments across all major technology platforms, irrespective of technology stack or deployment model. We partner with our customers at every stage of their cloud journey, enabling them to modernize applications, build new products, and adopt innovative technologies.  Media Contact: Natalie Silva, publicrelations@rackspace.com 

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