Revamping Sharestates through AWS Cloud Modernization: A Success Story by Rackspace Technology

Rackspace Technology, a prestigious end-to-end, hybrid multicloud, and AI solutions company, has recently garnered attention with its successful transition of Sharestates to Amazon Web Services (AWS). This strategic move not only positioned Sharestates for future growth but also significantly enhanced its infrastructure, leading to improved customer experience and operational efficiency.

Sharestates, a prominent player in the online marketplace, provides tailored lending solutions for real estate investors and developers. With a track record of funding over $3 billion in projects nationwide, Sharestates takes pride in its experienced leadership team, prudent underwriting practices, and strong relationships with stakeholders.

In a statement by D K Sinha, President of Public Cloud at Rackspace Technology, he emphasized the positive impact of the migration to AWS on Sharestates’ infrastructure, highlighting improved security, increased efficiency, and the integration of the latest cloud technologies.

Radni Davoodi, Acting Chief Operating Officer and Co-Founder of Sharestates, commended the Rackspace team for their invaluable support throughout the transition. The comprehensive documentation provided by Rackspace proved to be an essential resource in facilitating smooth communication and obtaining necessary approvals.

Following the migration, Sharestates has witnessed various improvements, including a faster user interface experience for investors, enhanced internal reporting experience for staff, and quicker processing speed for borrowers. This comprehensive upgrade directly contributed to an improved customer experience and enhanced operational capabilities for Sharestates.

The migration itself was executed seamlessly, with Rackspace deploying a secure and compliant landing zone in record time through the Landing Zone Accelerator on AWS (LZA). Through the utilization of various tools and services, the migration team efficiently transferred Sharestates’ 3TB of data across 11 servers, ensuring a smooth and secure transition.

For further details on the successful infrastructure migration completed by Rackspace Technology, readers are encouraged to explore the Sharestates case study.

Rackspace Technology remains a leading force in end-to-end hybrid, multicloud, and AI technology services, demonstrating a strong commitment to empowering its customers at every stage of their cloud journey.

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