Shares of Cognizant Technology Solutions Corp (CTSH) ended Thursday session in green amid volatile trading. The shares closed up +0.76 points or 1.42% at $54.21 with 5.05 million shares getting traded. Post opening the session at $54.03, the shares hit an intraday low of $53.62 and an intraday high of $54.23 and the price vacillated in this range throughout the day. The company has a market cap of $33.21 billion and the numbers of outstanding shares have been calculated to be 606.94 million shares.
Cognizant Technology Solutions Corp (CTSH) on Sept. 22, 2016 announced it has been named to the “Winner’s Circle” in the new HfS Research Blueprint Report: ServiceNow Services 2016 for innovation and execution in delivering to clients as-a-service computing solutions and technologies leveraging the ServiceNow enterprise cloud. HfS Research is a leading independent global analyst firm for the business and IT services industry.
The Blueprint report, the first to be published by HfS about the ServiceNow ecosystem, analyzes the capabilities of 14 leading ServiceNow service providers. Each provider is rated on a number of criteria in equally weighted categories of innovation and execution. Companies found to be competitively differentiated in a line of service delivery, and actively advancing what HfS defines as the “as-a-service economy” by delivering business outcome-oriented, on-demand talent and technology services, are named to the “Winner’s Circle.”
Shares of Rackspace Hosting, Inc. (NYSE:RAX) ended Thursday session in green amid volatile trading. The shares closed up +0.16 points or 0.51% at $31.71 with 4.89 million shares getting traded. Post opening the session at $31.54, the shares hit an intraday low of $31.53 and an intraday high of $31.78 and the price vacillated in this range throughout the day. The company has a market cap of $3.99 billion and the numbers of outstanding shares have been calculated to be 125.81 million shares.
Rackspace Hosting, Inc. (RAX) on September 15, 2016 announced the release of Managed Application Services for Microsoft® Azure®. This new offering introduces Rackspace’s premium Fanatical Support® to customers operating the Sitecore Experience Platform on Azure. Managed Application Services for Microsoft Azure also supports a full range of other digital applications, including Magento®, SAP® Hybris®, Oracle® Commerce, Adobe® Experience Manager, and custom Java® and .Net applications running on Azure. Adding premium, 24x7x365 application expertise and operations support on top of the Azure platform helps Rackspace ensure customers’ ecommerce and web sites deliver optimal performance and reliability.
Managing digital and other mission-critical applications can be extremely complex and time intensive. Many businesses lack the internal resources and expertise needed to effectively architect the right solution for maximum performance, and to monitor and troubleshoot issues across the network, infrastructure and application layers. The new Managed Application Services offering will provide customers with 24×7 access to application and Microsoft Azure experts, which will help companies enhance their app’s performance. These new services allow customers to leverage the benefits of Azure, while receiving the results-obsessed Fanatical Support that they are used to across their Rackspace, Azure and hybrid cloud environments.
“Delivering Managed Application Services to a growing number of businesses running digital applications on top of Microsoft Azure allows us to address a significant need in the market,” said Kyle Metcalf, general manager for Rackspace Digital. “Managing the full range of digital applications requires deep expertise. By bringing our Fanatical Support up the stack to the application layer, we’re able to provide unprecedented value to digital customers on Azure. These customers can now sleep comfortably each night knowing that Rackspace is watching their sites and helping ensure their valuable applications are always operating optimally.”