Posts Tagged ‘rackspace cloud’

Business Tax is Pushing Cloud Computing Firms out of Texas

Thursday, July 8th, 2010

Rackspace, the Texas grown leader in cloud computing warned Wednesday before Texas Senate committee that the state’s Rackspace Cloud Computing & Cloud Hosting -  Mossobusiness tax is pushing its expansion and perhaps the whole industry elsewhere.  Rackspace Hosting, which was founded in San Antonio in 1998, opened data centers last year in Virginia and Illinois because of how the state’s margins tax is applied to its Internet-based business, company representatives testified to the Senate Finance Committee.

The main issue is that Rackspace is facing is whether a company is taxed where its data centers are located or where its customers are. In Rackspace’s case, 90 percent of its customers are out of state, but the state applies its business tax to its data centers in San Antonio and Grapevine. “That puts us at a competitive disadvantage” with data centers outside Texas that don’t pay a margins tax, Rackspace lawyer Alan Schoenbaum testified.Cloud Computing & Cloud Hosting Sites

For example, when Rackspace locates a $100 million-plus data center in Texas , Schoenbaum said, the company pays eight times in sales tax for the equipment over what it pays in margins tax. Texas officials like to brag about the state’s business-friendly climate, but Schoenbaum said the company’s taxes in Virginia, which has an income tax, are a third of its taxes in Texas.

Schoenbaum later told the State Senate Committee about future Rackspace cloud expansions, “We won’t be in Texas unless the law is changed.”

View the Rackspace Cloud Hosting Review

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Ingram Micro Has New Cloud Conduit Initiative

Monday, June 14th, 2010

Ingram Micro announced the Cloud Conduit Initiative at Cloud Summit. A new services initiative that connects Ingram Micro’s North America channel partners with cloud computing vendors including ISVs, cloud hosting companies and system integrators.

Part of this new initiative will be  three new relationships with cloud hosting companies Amazon Web Services, Rackspace Hosting and Salesforce.com.

“The blending of the managed IT services model and cloud computing is an evolutionary step in the advancement of IT services,” said Jason Beal, director, service sales, Ingram Micro North America. “Cloud computing introduces a new playing field for solution providers and managed service providers. With the advent of cloud computing comes tremendous opportunity for our channel partners to add high value managed solutions and services from the cloud into their services portfolio and ultimately earn more business. Ingram Micro introduced the Cloud Conduit to help our channel partners take advantage of and maximize the business opportunities the cloud brings to the table.”

As part of the Cloud Conduit initiative, Ingram Micro wants to provide better cloud hosting products to everyone around the globe.  “We created the Cloud Conduit Advisory Council to establish a common ground for the IT industry’s cloud innovators to share their vision, seek new alliances and drive greater visibility into the opportunity, challenges and benefits that cloud computing brings to the IT channel at large,” said Justin Crotty, vice president, services, Ingram Micro North America. “Together we will further enable our channel partners to clearly articulate and demonstrate the benefits of cloud computing to their customers.”

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Rackspace Cloud Hosting to Present at Investor Conferences

Tuesday, June 1st, 2010

The Cloud Computing and Email and Apps giant Rackspace will present at the Cowen Technology Media & Telecom Conference in New York City on Wednesday, June 2 at 9:30 a.m. EST. Knooihuizen will also present at the Bank of America Merrill Lynch U.S. Technology Conference in New York City on Thursday, June 3 at 2:30 p.m. EST.  Jason Luce, vice president of finance, will present at the UBS Global Tech and Services Conference in New York City on Tuesday, June 8 at 4:30 p.m. EST at Investor Conference.

Knooihuizen will present at the William Blair & Company 30th Annual Growth Stock Conference in Chicago on Tuesday, June 15 at 12:30 p.m. EST.

Audio webcasts of the presentations will be available on the Rackspace Web site, located at http://ir.rackspace.com.

VN:F [1.9.22_1171]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.22_1171]
Rating: 0 (from 0 votes)

Call us at 801.384.0032