Vertiv, a leading provider of data center infrastructure solutions, has introduced its newest lineup of high-density products, collectively known as Vertiv 360AI. These innovative solutions are designed to elevate organizations’ IT capabilities with enhanced cooling and Artificial Intelligence (AI) functionalities tailored for accelerated computing.
In response to the growing demand for AI technologies, Vertiv has developed these solutions to bolster the infrastructure supporting AI workloads of varying complexities. Moreover, the newly launched range comes pre-configured, offering digitalized management and comprehensive services to expedite installation.
By streamlining deployment processes and mitigating potential installation challenges, these solutions from Vertiv accelerate the setup time significantly. Vertiv 360AI provides adaptability and customization options, enabling users to modify existing cooling systems, thereby reducing deployment expenses and simplifying complexity. This cutting-edge technology is well-suited for AI experimentation and edge computing applications.
Enhanced Cooling Capabilities
Vertiv 360AI boasts the ability to handle up to 100kW per rack and offers versatile cooling alternatives, including air-to-liquid, liquid-to-air, liquid-to-liquid, and liquid-to-refrigerant options. Additionally, it incorporates indoor split chillers for liquid cooling with refrigerant-based heat rejection, catering to users without access to chilled water.
In its quest to expand its portfolio of cooling solutions for AI and high-performance computing, Vertiv recently acquired CoolTera Ltd., further diversifying its offerings in the data center liquid cooling technology space.
Vertiv’s growth trajectory is predominantly propelled by the Cloud and Hyperscale sectors, signaling a robust adoption of AI technologies and ambitious development strategies. Notably, the Enterprise segment is witnessing a surge in AI integration, with customers increasingly embracing AI strategies. The backlog for AI orders is on a steady rise, as Vertiv anticipates a normalization in its supply chains, which bodes well for its future endeavors.
Favorable Rankings and Market Performance
Presently, Vertiv holds a Zacks Rank #1 (Strong Buy), reflecting the market’s enthusiasm for its offerings. Notably, VRT shares have surged by an impressive 524.5% over the past year, underscoring the positive sentiment surrounding the company.
In addition to Vertiv, other notable players within the technology landscape include NVIDIA (NVDA), Bill Holdings (BILL), and Bentley Systems (BSY), each boasting a Zacks Rank #1. NVIDIA’s earnings per share estimate for 2024 has seen a positive revision, currently pegged at $23.84. NVDA shares have soared by 231% in the last year.
Moreover, Bill Holdings anticipates earnings per share of $2.44 for 2024, following a 32-cent upward revision in the past 60 days. Although BILL shares have experienced a 16.2% decline in the previous year, the company’s long-term outlook remains positive. Bentley Systems, on the other hand, has seen its 2024 earnings per share estimate upped by 3 cents to $1.02. BSY shares have gained 17.7% in the past year, reflecting market optimism surrounding the company.
Investors looking to explore promising investment opportunities should keep a close eye on the evolving landscape of AI-related technologies, with Vertiv at the forefront of innovation and growth.
