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CyberCX vs Rackspace Technology: Which MSP is Better? | The MSP Playbook

Article 2026-07-27

CyberCX vs Rackspace Technology

A detailed comparison of two major Australian Managed Service Providers.

Feature CyberCX Rackspace Technology
Overall Score3.23.0
TypeSecurity / Private EquityUS Cloud MSP
Employees500-100014000
Founded20191999
HeadquartersMelbourne, VICSan Antonio, Texas, USA
RevenuePrivate$3.0B
Salary Range$80,000 - $165,000$50,000 - $140,000
SpecialtiesCybersecurity, Penetration Testing, SOC, Incident ResponseManaged Cloud, AWS, Azure, Google Cloud, Kubernetes, DevOps
CertificationsISO 27001, CREST, SOC 2, PCI DSSAWS Premier Partner, Microsoft Partner, Google Cloud Partner, ISO 27001
Green FlagsCybersecurity focus is high-demand
Good technology exposure
Growing rapidly
Pioneer of 'Fanatical Support' β€” differentiated managed cloud support model
Strong multi-cloud expertise across AWS, Azure, GCP
Good for early-career cloud engineers seeking certification support
Private equity backing provides capital for growth
Red FlagsRapid acquisition strategy creates integration challenges
Below-market salaries at senior levels
Cultural inconsistency across acquired companies
Financial distress β€” loss of founder leadership, multiple restructurings
Below-market compensation across most roles
PE ownership creates margin pressure and cost-cutting mentality
Massive layoff cycles (2022: 10%, 2023: 15%, 2024: ongoing)
Awful Glassdoor rating (3.0) β€” among worst of major MSPs
Business model disruption from hyperscalers going direct to customers
Worker ProsCybersecurity focus
Good tech exposure
Growing
Strong multi-cloud managed services expertise
Fanatical Support training instills good customer service habits
Cloud certification support and exam coverage
Good for early-career cloud engineers building a resume
Worker ConsAcquisition chaos
Below-market pay
Cultural inconsistency
Financial instability β€” multiple layoff rounds and loss of founder CEO
Below-market salaries across all roles
PE ownership drives constant cost-cutting and margin pressure
Hyperscalers (AWS, Azure) going direct β€” squeezing Rackspace's business model

Which MSP Should You Choose?

Both Security / Private Equity and US Cloud MSP have strengths and weaknesses. Your choice depends on your priorities β€” whether that's career growth, salary, work-life balance, or technical exposure.

Use the side-by-side comparison tool for a deeper look, or check out individual profiles for detailed employee reviews.