"Our public cloud business grew nearly 125 percent in 2009," says Lanham Napier, President and Chief Executive Officer in a press Release published sent to It media.
"The computing as a service revolution has continued at a rapid pace, with analysts like Gartner predicting that 20% of all organizations will no longer own IT assets by 2012. We believe the opportunity in front of us is massive and we have a range of services in development that will be attractive to customers and provide new choices to the market.", adds Mr. Napier.
Rackspace says it will become one of the first of the major hosts on the UK market that operate their own cloud hosting infrastructure.
According to company's officials the web host decided to open a UK cloud because of the growing demand from UK and European customers for local access to world-class services.

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