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Data Center Cooling Market Growth Sturdy at 14% CAGR to Outstrip $25,552.2 Million by 2028 – COVID-19 Impact and Global Analysis by TheInsightPartners.com

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Pune, INDIA., Aug. 12, 2021 (GLOBE NEWSWIRE) — Data Center Cooling Market: Key Insights
According to our new research study on “Data Center Cooling Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Offering, Cooling Type, Data Center Type, Vertical, Component, and Geography,” the Data Center Cooling Market Size is projected to reach US$ 25,552.2 million by 2028 from US$ 10,217.0 million in 2021; it is expected to grow at a CAGR of 14.0% during 2021–2028.

Data Center Cooling Market: Competitive Landscape and Key Developments
Airedale Air Conditioning, Asetek Inc., Black Box Corporation, Carrier Corporation, Emerson Electric Co., Fujitsu Ltd., Hitachi Ltd., Modine Manufacturing Company, Nortek Air Solutions, Rittal GmbH, Schneider Electric, Stulz GmbH, and Trane and Vertiv Group Corp. are among the key players in the data center cooling market. The leading companies are focusing on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.

Direct Purchase Copy of Data Center Cooling Market Research Study at https://www.theinsightpartners.com/buy/TIPTE100000136/

In 2021, Vertiv partnered with GRC to offer a highly efficient liquid immersion cooling solution for high-density data centers and edge applications in India. The solution can support high-density loads of up to 100 kW per rack, utilizing warm water.

In 2020, Asetek, Inc. announced a collaboration with Hewlett Packard Enterprise (HPE) to deliver its data center liquid cooling solutions in HPE Apollo Systems. The solutions would enhance processor and interconnect performances by efficiently cooling high-density computing clusters.

The increasing demand for high computing performance, cloud services, Artificial Intelligence (AI), Internet of Things (IoT), and other digital transforming technologies in different industries as well as rise in number of data centers by enterprises operating in the server and storage segment are contributing to the data center cooling market proliferation. Surge in the number of data centers is attributed to the rising participation of enterprises in a consumption-based cloud services. Key players in the data center businesses are changing their sales strategies to allow consumers to pay on the basis of their consumption. This has resulted an increased demand for cloud services, which causes data centers to either expand their current setups or establish new data centers. Data centers are necessary for the industrial, institutional, commercial, renewable, and electric power sectors.

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The industrial sector includes IT and telecommunications; banking, financial services, and insurance (BFSI); manufacturing; and chemicals industries, among others. The institutional sector includes the healthcare, government and defense, education and research, transportation, and utilities, among others. Companies operating in these areas generate and store large data volumes. Moreover, they need to solve complex problems and perform tedious calculations that can be related to any natural phenomenon, such as climate change, space explorations, and weather forecasting. In such areas, IT professionals need to deal with financial and web data, applications, and databases that require high processing power along with enhanced performance, speed, and cooling efficiency. Such uninterrupted, high-tech functions also require servers with high storage capacities.

Data centers are among the largest consumers of electricity worldwide. According to the Natural Resources Defense Council (NRDC), the global data center industry accounts for 1.5–2.0% of global electricity consumption. These statistics are expected to increase further with the mounting application of cloud services, edge computing, IoT, artificial intelligence (AI), and other digital transformation technologies in many industries. However, high cooling costs in data centers account for a considerable portion of the total energy consumption in the data centers, which poses a challenge of high cost associated with energy consumption. Hence, the owners of data centers are keen on addressing the cost issues by deploying economical and effective cooling solutions. Large data centers have been able to curb operational and capital cooling expenses using chiller-less data centers that use outer air for cooling function. Similarly, the evaporative method, which is also known as cooling tower, is becoming popular among data centers as it controls temperature by exposing warm air to water. A cooling tower is generally used to bring down the temperature of a water stream by removing heat from it and discharging it into the atmosphere. This system is extremely energy-efficient, but it requires water in large volumes. Data center cooling solutions such as economizers take advantage of climatic conditions for cooling the data centers, thereby lowering the energy and cooling costs. Such developments are boosting the use of data center cooling solutions.

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The COVID-19 pandemic has been affecting every business globally since December 2019. The continuous growth in the number of cases compelled governments to put a bar on transportation of humans and goods. The manufacturing sector witnessed severe losses due to temporary factory shutdowns and low production volumes, which hindered the growth of electronics & semiconductor, automotive, and retail sectors. Additionally, the social or physical distancing measures imposed by governments put limitations on the operations of logistics and other service providers. This disruption resulted in lowered performance of the data center cooling solution market in 2020.

Data Center Cooling market: Data Center Type Overview
Based on data center type, the data center cooling market is segmented into enterprise, colocation, wholesale, and hyperscale data centers. The enterprise segment held the largest market share in 2020. The enterprise data centers are the facilities that are owned and operated by the companies; they are usually built on site. Enterprise data centers consist of at least 10 Cabinets upward and they can be as enormous as 40MW+. They may have specific sub-sections dedicated to separate sections of businesses. The enterprise data centers mostly outsource the maintenance for monitoring and evaluation. These data centers may be associated with other companies on the initial fit-outs and the installation of network prior to being maintained internally.

Browse Related Reports:
Micro Mobile Data Center Market to 2027 – Global Analysis and Forecasts by Rack Unit (Up to 25 RU, 25-40 RU, Above 40 RU); Application (Instant Dc and Retrofit, High Density Networks, Remote Office Support, Mobile Computing, Others); Enterprise Size (Large Enterprises, Small and Medium-Size Enterprises); Industry Vertical (BFSI, Retail, Healthcare, IT and Telecom, Manufacturing, Others) and Geography – https://www.theinsightpartners.com/reports/micro-mobile-data-center-market/

All-in-One Modular Data Center Market to 2027 – Global Analysis and Forecasts by Customized Container Types (Standard 20ft. Container Module, Standard 40ft. Container Module, and Other Customized Container Networks); Deployment Type (Indoor and Outdoor); End-users (BFSI, Telecom & IT, OTT, Government, and Healthcare) – https://www.theinsightpartners.com/reports/all-in-one-modular-data-center-market/

Data Center Construction Market to 2027 – Global Analysis and Forecasts by Types of Construction (General Construction, Electrical Design, and Mechanical Design); By Tier Standards (Tier 1 and Tier 2, Tier 3, and Tier 4); and By Industry Verticals (BFSI, Government, Education, Manufacturing, Retail, Transportation, Media & Entertainment, Others) – https://www.theinsightpartners.com/reports/data-center-construction-market/

Hyperscale Data Center Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Component (Solutions, Services); Organization Size (SMEs, Large Enterprises); End User (Cloud Providers, Colocation Providers, Enterprises) and Geography – https://www.theinsightpartners.com/reports/hyperscale-data-center-market

Multi-tenant Wholesale Data Center Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Type (Multi-Tenant Data Centers, Wholesale Colocation); Application (Commercial, Personal) and Geography – https://www.theinsightpartners.com/reports/multi-tenant-wholesale-data-center-market

Data Center Colocation Market Forecast to 2028 – Covid-19 Impact and Global Analysis – by Types and End-Users – https://www.theinsightpartners.com/reports/data-center-colocation-market

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:
If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi
E-mail: [email protected]
Phone: +1-646-491-9876

Press Release – https://www.theinsightpartners.com/pr/data-center-cooling-market

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Enghouse Video Partners With SONIFI Health To Deliver Advanced Telehealth Solutions In Hospital Rooms

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MARKHAM, ON, April 25, 2024 /PRNewswire/ — Enghouse Video, a global leader in cutting-edge video technology solutions, today announced its partnership with SONIFI Health, enhancing virtual care in hospital settings.

SONIFI Health is a leading U.S. healthcare technology company based in Sioux Falls, South Dakota. The new partnership leverages and integrates Enghouse Video room systems technology to support SONIFI Health’s commitment to expanding telehealth applications and system optimizations in hospital settings.
Enghouse’s VidyoRooms solution, a sophisticated video conferencing technology that combines both software and hardware solutions, has been fully integrated into SONIFI Health’s interactive TV systems. This integration provides up to 4K high-quality video conferencing, multi-party sessions and robust security features that ensure full compliance with healthcare regulations.
Enghouse Video offers an immersive telehealth platform to support collaborative interdisciplinary care, improved patient outcomes and cost savings. The platform is flexible and simple, delivering the reliability, interoperability, and scalability needed for today’s healthcare environment. A key strength of the partnership is its offering of back-end integrations like patient portals, medical devices, EMR, tele-sitting, remote patient observation and consultation.
“Hospitals can choose the telehealth partner that’s right for them, and we incorporate that solution with interactive TV,” said Brian Nido, SONIFI Health’s Vice President of Customer Success. “Using the hardware and systems they already have in patient rooms helps hospitals reduce costs and maximize the value of their existing investments, while benefiting both clinicians and patients.”
SONIFI Health and Enghouse Video continue to collaborate closely to further refine and enhance the telehealth solutions provided to healthcare facilities. This partnership reflects a shared commitment to leveraging technology to create smarter hospital rooms and improve patient care across the healthcare spectrum.
About Enghouse VideoEnghouse Video, part of the Enghouse Interactive division, is a subsidiary of Enghouse Systems Limited, a vertically focused software and services company traded on the Toronto Stock Exchange (TSX: ENGH). Through highly secure, scalable and flexible Cloud-based or On Prem services, we deliver one of the world’s highest quality and most innovative video platform to video-enable any application or idea. From advanced video conferencing and collaboration tools to state-of-art enterprise video management, Enghouse Video is a unique player in multiple markets, including telehealth. Learn more at www.enghousevideo.com, read our blog, or follow us on Twitter at @EnghouseVideo, on LinkedIn, and on Facebook.
About SONIFI HealthSONIFI Health provides market-leading interactive patient engagement technology proven to improve patient outcomes and staff productivity. The EHR-integrated platform is designed to enhance patient and family experiences while increasing staff satisfaction and organizations’ operational efficiencies. As part of SONIFI Solutions, Inc., the company annually supports more than 300 million end user experiences. Learn more at sonifihealth.com.
Enghouse Video Contact: Sylvain Awad, Director, Demand Generation, Enghouse Video, part of Enghouse Interactive Division, [email protected]

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Global Insurance Provider Selects 3CLogic to Streamline AI and Contact Center Capabilities with ServiceNow

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Multinational Insurance Broker to deploy 3CLogic’s solution with ServiceNow’s Financial Service Operations (FSO) platform to streamline customer experiences.
ROCKVILLE, Md., April 25, 2024 /PRNewswire/ — 3CLogic, the leading Conversational AI and Contact Center solution for ServiceNow®, today announced its selection by a global insurance provider to replace its existing contact center infrastructure as part of a larger CX transformation effort. The strategic decision is designed to complement the organization’s use of ServiviceNow’s Financial Services Operations (FSO) offering leveraged across a number of its existing product lines including Customer Warranty Claims, Roadside Assistance, and Home Warranties.

Serving millions of customers worldwide with innovative insurance and protective products, the organization required a solution that would enhance its recent investment in the ServiceNow platform as it works to transform its end-to-end customer service operations. The deployment will incorporate several of 3CLogic’s AI-powered capabilities purpose-built for ServiceNow, including Conversational AI, Speech Analytics, and AI Performance & Coaching, along with integrated call transcriptions, convenient 2-way SMS, and ServiceNow-centralized contact center reporting.
“We continue to see enterprises eager to complement their existing investment in digital platforms, such as ServiceNow, with contact center features purpose-built to extend the workflows and features they already have and use,” explains Matt Durkin, VP of Global Sales at 3CLogic. “It’s no secret that organizations are already juggling too many systems, often with overlapping capabilities, which impacts ROI and operational efficiency. We’re proud to offer an alternative approach that helps simplify the technology stack while optimizing the overall operational costs and outcomes.”
Recently named to Constellation Research’s 2024 Shortlist for Digital Customer Service and Support, 3CLogic has seen global adoption of its solution by leading enterprises in healthcare, manufacturing, travel, retail, higher education, finance, non-profits, and Managed Service Providers across five continents. As a ServiceNow-certified Technology and Build partner with offerings available for ServiceNow’s IT Service Management, Customer Workflows, HR Service Delivery, and Source-to-Pay solutions, the company will be unveiling its latest set of capabilities at ServiceNow’s annual Knowledge 2024 event this May in Las Vegas.
For more information, please contact [email protected].
About 3CLogic3CLogic transforms customer and employee experiences with its leading Cloud Contact Center and AI solutions purpose-built to enhance today’s leading CRM and Customer Service Management platforms. Globally available and leveraged by the world’s leading brands, its offerings empower enterprise organizations with innovative features such as intelligent self-service, generative and Conversational AI, agent automation & coaching, and AI-powered sentiment analytics – all designed to lower operational costs, maximize ROI, and optimize each interaction across IT Service Desks, Customer Support, Sales or HR Services teams. For more information, please visit www.3clogic.com.
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ScreenPoint Medical Leadership Transition: Pieter Kroese Confirmed as CEO

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Leading Breast AI Company, creator of industry-leading Transpara®, promotes from within for new CEO
NIJMEGEN, Netherlands, April 25, 2024 /PRNewswire/ — ScreenPoint Medical, today announced a significant transition in its leadership as Mark Koeniguer, the current CEO, steps down from his position. Mark served as CEO since 2022 and was instrumental in ScreenPoint’s commercial growth and success over the past 2 years.

 
 
The company’s Board of Directors has appointed Pieter Kroese as the new Chief Executive Officer effective April 25, 2024. Pieter takes the role after serving as COO of ScreenPoint for over five years. During that time, he has managed the transition of the company from an early startup to a thriving enterprise with hundreds of customers using ScreenPoint’s flagship Transpara software to support millions of scans a year.
“I am thrilled to lead ScreenPoint into its next phase of growth and innovation,” said Mr. Kroese. “I am deeply committed to building upon the strong foundation we have and continuing to work closely with our talented team to drive continued success. We are already expanding screening capacity and capability through proven reader support – we look forward to increasing our ability to support providers and women moving forward.”
Sir Michael Brady, Chairman of the Board at ScreenPoint Medical and a co-founder of the company, expressed enthusiasm about Pieter’s appointment, stating, “Pieter’s remarkable leadership qualities, coupled with his depth of knowledge of our product and industry, make him the perfect choice to lead ScreenPoint into the future. His strategic mindset and commitment to excellence align perfectly with our company mission of early breast cancer detection. Pieter has been an integral part of our growth to date and will provide seamless leadership through this transition into our next chapter for our customers, partners, and team.”
Author of “No Longer Radical” and over a hundred peer-reviewed publications on breast imaging, Dr. Rachel Brem is a Transpara user and ScreenPoint Board Member. Dr. Brem welcomed Mr. Kroese with the following: “Pieter has been an integral part of the ScreenPoint team for years. I am confident that his leadership will continue to deliver product excellence: earlier detection with outstanding reading workflow and improved patient outcomes. We continue to see these results from clinical sites all over the world, including many here in the United States. No other Breast AI solution has demonstrated the same results as Transpara, and I am confident that the team will continue to push on these frontiers under Pieter’s leadership.” 
The entire team at ScreenPoint extends its gratitude to Mark Koeniguer and wishes him every success in the future, while warmly welcoming Pieter Kroese into his new role as CEO.
About ScreenPoint Medical
ScreenPoint Medical translates cutting edge machine learning research into technology accessible by radiologists to improve screening workflow, decision confidence and breast cancer risk assessment. Transpara is trusted by radiologists globally because it has been developed by experts in machine learning and image analysis and updated with user feedback from world-renowned breast imagers.
See all the proof at: https://screenpoint-medical.com/evidence.
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