Managed Hosting Service provider Rackspace (URL at: rackspace.com) has taken the fifth position in the Technology Fast 50 Program for Texas, a ranking of the 50 fastest expanding technology companies in the area conducted by Deloitte & Touche USA. The company owes this incredible success to its remarkably fast growth rate that has been recorded over the past five years.
The recently compiled ranking is comprised of a various range of companies that were evaluated on the basis of some common characteristics such as a powerful workflow, outstanding vision and consistent behaviour in the dynamic technology environment. Key factors for high ranking were the financial results of companies for a certain period of time.
With its increase in revenues of 3,581 percent from 1999 to 2003, Rackspace deservedly occupies this prestigious position as a company with a leading image in the managed hosting industry. According to Graham Weston, chief executive officer with Rackspace Managed Hosting, the company's success is a function of its commitment to provide customers with Fanatical Support which provokes their response by growing with the company and recommending it to their associates.
