Open cloud

Rackspace has launched what it says is Australia’s first public cloud computing service based on the OpenStack open source operating system. The company announced online retailer Kogan as the service’s first customer.

OpenStack is described in the article as an open source operating system for cloud computing. Rackspace has built its new Australian public cloud on OpenStack, meaning the service is based on that open‑source platform.

Kogan is identified in the article as an online retailer and the first customer of Rackspace’s new OpenStack‑based public cloud in Australia. The announcement names Kogan as the inaugural user of the service.

The article says the move is tipped to bring back local customers who had been using Rackspace’s services in the US. That expectation is presented as commentary on the potential local market impact.

For everyday investors, the key points in the article are that Rackspace has launched an OpenStack‑based public cloud in Australia and already named a first customer (Kogan). Investors may want to watch for further customer announcements and company updates to gauge uptake and local market response.

No. The article only states that Kogan is the first customer of Rackspace’s Australian OpenStack public cloud; it does not provide details on how Kogan will use the service or any commercial terms.

The article reports that Rackspace says its offering is Australia’s first public cloud computing service based on OpenStack. That phrasing indicates the claim comes from Rackspace; the article does not provide independent verification.

The content comes from an InvestSMART article (link provided in the original report). Investors looking for more detail should check the original InvestSMART piece and official statements from Rackspace or Kogan for updates and confirmations.