Connect with us
MARE BALTICUM Gaming & TECH Summit 2024

Artificial Intelligence

Global modular data center market size to witness a healthy growth rate of 10.7% through 2027

Published

on

Pune, India, May 10, 2022 (GLOBE NEWSWIRE) — According to MarketStudyReport, that global modular data center market is likely to progress at an annual growth rate of 10.7% and reach a valuation of USD 25,345 million by 2027.

The research report underlines pivotal aspects pertaining to market segments like functional module, application spectrum, end user scope, and regional framework. Besides, an overview of the competitive landscape of this business sphere is entailed in the document, containing business profiles and product & service portfolios of companies, along with latest strategic outcomes.

Rising demand for green and energy efficient data centers, increased efforts towards research & development, and rapid product uptake across small and medium sized enterprises are the major factors aiding the industry growth.

For the record, modular data centers play a pivotal role in simplifying design & construction of data centers with easy deployment in industrial environmen ts and swift scalability.

Request Sample copy of this Report @  https://www.marketstudyreport.com/request-a-sample/4867330/

In addition, massive amounts of data generated due to the advent of advanced technologies such as Artificial Intelligence (AI) and Internet of Things (IoT) has doubled the demand for computation, networking, and power, thereby creating lucrative opportunities for market expansion over the forecast period.

Despite the positive outlook, issues associated with transportation of data centers and vendor lock-in periods may hinder the growth dynamics of the worldwide modular data center market in the forthcoming years.

Covid-19 pandemic impact: –

The onset of the Covid-19 pandemic and the ensuing lockdown restrictions caused a monumental surge in the market in terms of revenue as internet usage reached a pinnacle in the form of DVR (digital video recorder) recordings and online content streaming as entertainment options in the testing times.

This global phenomenon also impelled the adoption of work from anywhere culture, thus boosting the demand for data centers.

Segmental overview: –

Based on functional module, the industry is comprised of IT module, cooling module, and power module. Speaking of application spectrum, the marketplace is divided into edge computing, data center expansion, starter data centers, and disaster recovery. Considering end user scope, the market is segregated into telecommunication, BFSI, IT, government, and others.  

Regional rundown: –

North America, Europe and Asia Pacific are the major regions that contribute significantly to overall market renumeration scale.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-modular-data-center-market-2021-2027

Competitive terrain outlook: –

Vertiv Group Corporation, Canon Inc., Schneider Electric SE, Dell Technologies Inc., BASELAYER Technology LLC, The Hewlett-Packard Company, Huawei Technologies Co. Ltd., BladeRoom Group Ltd., Datapod, and International Business Machines Corporation are the prominent players influencing global modular data center market trends.

Global Modular Data Center Market by Application (Value, USD Million, 2017-2027)

  • Edge Computing
  • Data Center Expansion
  • Starter Data Centers
  • Disaster Recovery

Global Modular Data Center Market by Functional Model (Value, USD Million, 2017-2027)

  • Power Module
  • Cooling Module
  • IT Module

Global Modular Data Centers Market by End User (Value, USD Million, 2017-2027)

  • BFSI
  • Telecommunication
  • Government
  • IT
  • Others

Global Modular Data Centers Market by Region (Value, USD Million, 2017-2027)

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Global Modular Data Centers Market Company Profiles (Value, USD Million, 2017-2027)

  • Vertiv Group Corporation
  • Canon Inc.
  • Schneider Electric SE
  • Dell Technologies Inc.
  • BASELAYER Technology LLC
  • The Hewlett-Packard Company
  • Huawei Technologies Co. Ltd.
  • BladeRoom Group Ltd.
  • Datapod 
  • International Business Machines Corporation

Table of Content:

Part 1. Introduction

1.1 Market definition

1.2 Key benefits

1.3 Market segment

Part 2. Methodology

2.1 Primary

2.2 Secondary

Part 3. Executive summary

Part 4. Market overview

4.1 Introduction

4.2 Market dynamics

4.2.1 Drivers

4.2.2 Restraints

Part 5. Global market for modular data center by functional module

5.1 Cooling module

5.1.1 Market size and forecast

5.2 IT module

5.2.1 Market size and forecast

5.3 Power module

5.3.1 Market size and forecast

Part 6. Global market for modular data center by application

6.1 Data center expansion

6.1.1 Market size and forecast

6.2 Disaster recovery

6.2.1 Market size and forecast

6.3 Edge computing

6.3.1 Market size and forecast

6.4 Starter data centers

6.4.1 Market size and forecast

Part 7. Global market for modular data center by end user

7.1 IT

7.1.1 Market size and forecast

7.2 BFSI

7.2.1 Market size and forecast

7.3 Government

7.3.1 Market size and forecast

7.4 Telecommunication

7.4.1 Market size and forecast

7.5 Others

7.5.1 Market size and forecast

Part 8. Global market for modular data center by region

8.1 Asia Pacific

8.1.1 Market size and forecast

8.2 Europe

8.2.1 Market size and forecast

8.3 North America

8.3.1 Market size and forecast

8.4 Rest of the World (RoW)

8.4.1 Market size and forecast

Part 9. Key competitor profiles

Related Report:

Modular Data Center Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

The modular data center market is projected to observe robust growth through 2027 owing to prevalent product demand in key regions across the globe. Additionally, surging need for sustainable data processing methods is expected to further support market growth over the forecast period. With soaring energy costs and consumption, companies are actively seeking more efficient data center solutions. Subsequently, modular power construction is gaining popularity as the preferred construction method for data center upscaling, allowing businesses to adapt to unprecedented industry growth more effectively than before, which has fostered product outlook. With soaring energy costs and consumption, companies are actively seeking more efficient data center solutions. Subsequently, modular power construction is gaining popularity as the preferred construction method for data center upscaling, allowing businesses to adapt to unprecedented industry growth more effectively than before, which has fostered product outlook.

Data Center UPS Market Size, COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2021 – 2027

The data center UPS market is expected to grow considerably by 2027 owing to widespread adoption of cloud computing and IoT technology across the globe. Additionally, growing dependency on internet worldwide is projected to further fuel market growth through the forecast period. The uninterruptible power supply (UPS) is a piece of equipment used by data centers to ensure that servers and other sensitive computer equipment are not affected by power outages or poor power quality. From the regional perspective, the South America data center UPS market is anticipated to amass lucrative gains over the review period, progressing at a stable pace over 2021-2027. Expansion of the data center colocation industry in the region would propel the demand for advanced UPS solutions, which is slated to foster regional market outlook in the future.

About US:

Market Study Report is a hub for market intelligence products and services.

We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.

Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company’s core activities.

If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.



GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Paperpal achieves major milestone; emerges as go-to AI writing assistant for 1 million academics globally

Published

on

paperpal-achieves-major-milestone;-emerges-as-go-to-ai-writing-assistant-for-1-million-academics-globally

PRINCETON, N.J., May 22, 2024 /PRNewswire/ — Paperpal, the AI academic writing assistant by Cactus Communications (CACTUS), is proud to announce a significant milestone of surpassing one million users worldwide in just 18 months since its launch. This achievement underscores the trust academics have placed in Paperpal, which has evolved from being an editing tool to a comprehensive AI academic writing assistant, guiding users from ideation to submission readiness.

Leveraging over 22 years of scientific, technical, and medical (STM) experience, Paperpal is continually expanding and deepening its support for students, educators, and researchers globally, empowering them to streamline the academic writing process and deliver high-quality, original content faster than ever before.
Several factors have contributed to Paperpal’s rapid growth, including academic-focused features such as precise, contextual writing and editing suggestions, comprehensive checks, and a user-friendly interface. Moreover, early adoption by the global researcher community, particularly non-native English speakers, has played a pivotal role in driving its popularity. Paperpal’s commitment to prioritizing user feedback for continuous improvement is evident in its consistent high Net Promoter Score (NPS) of 70. This indicates the high user satisfaction and strong recommendations by leading universities, publishers, and academics from 125+ countries, including the United States, United Kingdom, Germany, Italy, Japan, and India.
Expressing excitement on this milestone, Abhishek Goel, Co-Founder & CEO, Cactus Communications, says, “We are thrilled to announce that Paperpal has reached this milestone. Our mission is to help researchers reach their highest potential, and Paperpal as a tool empowers them with assistance in ideation, writing, editing and overall submission readiness of their manuscripts. We look forward to continue to empower students and researchers worldwide to be able to do more with their time.”
Nishchay Shah, Chief Technology Officer and Head, Emerging Products, Cactus Communications, adds, “This milestone is a testament to the dedication of the entire team behind Paperpal, which is continually working to support academics in their research pursuits by building and harnessing the latest AI technologies. With our user feedback-driven roadmap philosophy and continuous iteration, we aim to be the #1 writing tool of choice for academics worldwide.”
Paperpal leverages secure generative AI to provide science-based insights, text suggestions, language and grammar correction, paraphrasing, translation, with plagiarism and submission readiness checks to help academics write better, faster, and move closer to publication success.
For more information, visit https://paperpal.com/
For more details, contact:Nidhi AminCactus Communications (CACTUS)Email: [email protected] | [email protected] Tel no.: +1-267-332-0051
 
Logo: https://mma.prnewswire.com/media/2320317/4498710/CACTUS_Logo.jpg
 

View original content:https://www.prnewswire.co.uk/news-releases/paperpal-achieves-major-milestone-emerges-as-go-to-ai-writing-assistant-for-1-million-academics-globally-302152617.html

Continue Reading

Artificial Intelligence

NTT DATA to celebrate its success with SAP at the Sapphire and ASUG Annual Conference 2024

Published

on

ntt-data-to-celebrate-its-success-with-sap-at-the-sapphire-and-asug-annual-conference-2024

NTT DATA invites attendees at SAP Sapphire 2024 in Orlando and Barcelona to learn how to bring out the best in their business with SAP, across a range of hosted talks and sessions during the eventsNTT DATA will reveal “Transformation Study 2024” insights at the event in partnership with its subsidiary NatuvionAward Ceremony in Orlando: Four prestigious SAP© Pinnacle Awards underscore NTT DATA’s success as a key partner for SAP globallyBARCELONA, Spain and ORLANDO, Fla., May 22, 2024 /PRNewswire/ — NTT DATA, a global digital business and IT service provider, has announced today that it will celebrate its long and successful partnership with SAP by attending the upcoming SAP Sapphire 2024 conferences worldwide. NTT DATA will be a Platinum Sponsor at the SAP Sapphire and ASUG Annual Conference 2024 from 3-5 June 2024, in Orlando, Florida, and will also be a Platinum Sponsor at the SAP Sapphire event in Barcelona (11-13 June).

“SAP Sapphire is always a highlight for us. We are the top winner this year with four Pinnacle Awards and five finalist recognitions. This underscores the trust that SAP and our customers have in our 35 years of expertise,” said Norbert Rotter, CEO of NTT DATA Business Solutions and EVP NTT DATA, Inc.
Transformation Study to be released at SAP Sapphire
In collaboration with its subsidiary Natuvion, NTT DATA will unveil the Transformation Study 2024 at the SAP Sapphire conference in Orlando and will make it available for download at their booth during both Orlando and Barcelona events. The report will provide in-depth insights into the challenges, success factors and lessons learned by enterprises during the transition from legacy IT systems to modern, innovative technologies. With perspectives from industry leaders in Germany, Austria, Switzerland, Norway, Finland, Sweden, Denmark, UK and the USA, the study reveals how their organizations are modernizing their IT infrastructure and planning for their future.
Celebrate with NTT DATA in Orlando and Barcelona
Meet us in Orlando to learn how we can help power intelligent and sustainable enterprises and ignite tomorrow, today with innovative technology solutions, industry domain expertise and an assortment of SAP lifecycle-based tools and accelerators. Leaders from four NTT DATA Group organisations will address the following topics in Sapphire theatre presentations:
4th June, 10:30am, Orlando – Transforming SugarCreek for Tomorrow with SAP S/4HANA (Strategy Talk)4th June, 11:00am, Orlando – NTT DATA and SAP Preferred Success: Maximizing Value for SugarCreek (Customer Success Story)12th June, 1:30pm, Barcelona – Andel: Transitioning two SAP ECC systems to SAP S/4HANA in the cloudMake sure to stop by our booth or schedule a meeting with our SAP experts who will be available in booth #351 in Orlando, Florida and booth #5.305 in Barcelona, Spain.
For more information visit nttdata-solutions.com.
About NTT DATA
NTT DATA is a $30+ billion trusted global innovator of business and technology services. We serve 75% of the Fortune Global 100 and are committed to helping clients innovate, optimize and transform for long-term success. We invest over $3.6 billion each year in R&D to help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have diverse experts in more than 50 countries and a robust partner ecosystem of established and start-up companies. Our services include business and technology consulting, data and artificial intelligence, industry solutions, as well as the development, implementation and management of applications, infrastructure, and connectivity. We are also one of the leading providers of digital and AI infrastructure in the world. NTT DATA is part of NTT Group and headquartered in Tokyo. Visit us at nttdata.com
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices. All other product and service names mentioned are the trademarks of their respective companies.
 
 

View original content:https://www.prnewswire.co.uk/news-releases/ntt-data-to-celebrate-its-success-with-sap-at-the-sapphire-and-asug-annual-conference-2024-302152355.html

Continue Reading

Artificial Intelligence

BeCause and d2o Team Up to Create First-of-its-Kind CSRD Solution for the Travel and Hospitality Industries

Published

on

because-and-d2o-team-up-to-create-first-of-its-kind-csrd-solution-for-the-travel-and-hospitality-industries

Combining d2o’s PMI GoGreen environmental management tool and BeCause’s sustainability data management platform offers hotels the only CSRD compliance solution rooted in efficiency and profitability.
NICE, France, May 22, 2024 /PRNewswire/ — BeCause, the Danish start-up transforming how the global hospitality, travel, and tourism industries manage their sustainability data, has partnered with d2o, a leading forecasting and resourcement management technology provider for the hospitality industry, to create a comprehensive Corporate Social Responsibility Directive (CSRD) solution for hotels. The collaboration unites the BeCause Sustainability Hub with d2o’s PMI GoGreen suite of prediction, targeting, tracking, and allocation tools to create an auditable CSRD reporting solution that goes beyond compliance to boost efficiency and profits. The partnership was announced yesterday at the World Sustainable Hospitality Alliance Spring Summit in Nice, France.

By joining forces, BeCause and d2o have taken a giant leap toward building a viable, valuable ecosystem between the hotel industry and technology providers that leverages the power and potential of daily sustainability data management. CSRD compliance is just the starting point; BeCause and d2o are demonstrating that with the right technology, sustainability initiatives can drive operational efficiency and profitability for hotels around the world.
“As an inventor and entrepreneur, it is a dream come true to have a product that fully meets the needs of our customers’ stakeholders, including owners, guests, staff, authorities, and local communities,” says d2o CEO Young Nguyen. “The partnership between d2o and BeCause will enhance the hotel industry’s ability to transform a costly compliance challenge into a business opportunity. We call this partnership PMI GoGreen BeCause… because the hotel industry and the planet require a comprehensive solution to address a complex issue.”
Going Beyond CSRD Reporting and Compliance
As a result of this partnership, the PMI GoGreen tools will be seamlessly integrated into the BeCause platform. This integration, facilitated by an API, allows for the sharing and mapping of data, making it reusable for CSRD reporting. This not only simplifies the compliance process for hotels but also ensures accuracy and auditability at the activity level, meeting financial-grade CSRD reporting standards.
However, the joint solution goes beyond compliance and reporting. By centralizing data within the BeCause platform and applying the integrated PMI GoGreen tools, hotel chains gain visibility into which individual properties are meeting their targets for reducing CO2 emissions, energy consumption, water usage chemicals, waste, towels & linens, and food waste. The combined solution also utilizes machine learning algorithms and predictive analytics to identify those targets and help properties optimize resource usage to meet them amidst daily fluctuating demand. System integration service ensures seamless interoperability between the BeCause Sustainability Hub, PMI GoGreen tools, and various internal hotel systems, including property management, point-of-sale, table reservations, sales and catering, timekeeping, and more.
These combined capabilities allow hotels to increase efficiency—hotels are projected to reap 12-15% in resource savings—cultivate ownership among frontline managers, showcase their sustainability efforts to travelers, and, of course, meet their CSRD compliance obligations.
“We believe in the power of ecosystems, and by partnering with d2o, we’ve built a particularly effective one,” says BeCause CEO and Co-founder Frederik Steensgaard. “Not just in terms of helping hotels reach CSRD compliance, but by using the combined capabilities of our solutions to address everyday issues that impact their margins and organizational effectiveness. Why should compliance and reporting be a cost-heavy headache for hotels when it could be driving profitability and operational efficiency?”
An Efficient Solution Specifically Designed for Hospitality
BeCause is a purpose-built, AI-powered hub that centralizes a hotel’s sustainability data and automates the transmission of that data amongst different stakeholders, such as travel and accommodation booking marketplaces and industry certifications. Additionally, once a hotel enters its data into the BeCause platform, it can be upcycled and automatically mapped to multiple frameworks, making qualifying for voluntary green certifications faster and more efficient while ensuring regulatory compliance.
The PMI GoGreen suite of tools developed by d2o enables hospitality groups to achieve their long-term environmental goals by breaking them down into monthly targets tailored to each property’s attributes and seasonal variations. Each hotel’s future targets are dynamically adjusted based on progress, ensuring the consistency of the group’s end goal. Individual hotels and hotel chains can track their progress with forward looking data-based indicators and utilize predictive analytics to optimize resource allocation, minimize waste, and cut operating costs.
The combined PMI GoGreen BeCause solution leverages these capabilities to deliver at least 100% ROI for hotels that implement it. The solution will undergo a phased roll-out through the summer of 2024 before formally launching in September.
For more information about BeCause, d2o or the partnership, or to request an interview, please contact: Vanessa Horwell at [email protected] for BeCause CEO and Co-founder, Frederik Steensgaard or Young Nguyen [email protected] for d2o, Founder and CEO.
About BeCauseBeCause is an enterprise software company that streamlines the flow of sustainability data and creates synergies between different stakeholders in the travel, tourism, and hospitality industries, empowering them to make decisions that result in positive, responsible change for people, the planet, and their profits. BeCause works with over 25,000 hotels, including brands like Radisson, certification entities like GreenKey, industry partners like the Global Sustainable Tourism Council and the SHA, and marketplaces like Booking.com. For more information, visit because.eco.
About d2o and PMI GoGreenFounded in Norway and built on Scandinavia’s legacy of employee well-being and sustainability, d2o has over 20 years of experience helping clients optimize resources for maximum profit while navigating high-cost environments. The company’s PMI GoGreen Environmental Management System (EMS) empowers hotel managers to surpass compliance and achieve true sustainability. Leveraging auditable data, predictive analytics, and hotel demand, PMI GoGreen reduces CO2 emissions and the usage of critical resources like energy, water, and food and transforms hotel sustainability obligations into a profitable, cross-functional endeavor. For more information, please visit www.d2o.com/sustainability-gogreen-with-pmi-by-d2o/.

View original content:https://www.prnewswire.co.uk/news-releases/because-and-d2o-team-up-to-create-first-of-its-kind-csrd-solution-for-the-travel-and-hospitality-industries-302152291.html

Continue Reading

Trending