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Global Immersion Cooling in Data Centers Market Report (2022 to 2028) – Need for Increased Server Speeds Presents Opportunities

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Dublin, May 16, 2022 (GLOBE NEWSWIRE) — The “Global Immersion Cooling in Data Centers Market 2022-2028” report has been added to ResearchAndMarkets.com’s offering.

The publisher’s report states that the global immersion cooling in data centers market would register growth at a CAGR of 16.24% in the projected years 2022-2028.

The rising adoption of advanced technologies like artificial intelligence and machine learning is one of the primary drivers of the immersion cooling in data centers market. Apart from this, the growth in power density & number of data centers and the development of edge computing are also contributing to the market’s growth.

However, the various disadvantages related to the use of immersion cooling systems are hindering the growth of the market. On the bright side, the enhanced need for improved server speeds and growing efforts to reduce carbon footprint are likely to act as some opportunities for the market.

Regional Outlook

The global market for immersion cooling in data centers covers Latin America, the Asia-Pacific, North America, Europe, and the Middle East and Africa.

The market in Europe is likely to grow the fastest in the considered period. A number of colocation data centers and hyper-scale data centers are coming up in the region. Also, several countries here have formulated AI and cloud-based strategies, which is expected to boost the demand for data centers. As a result, the demand for immersion cooling systems would also increase. This, in turn, is expected to bolster the growth of the European market over the forecast period.

Competitive Outlook

The key players profiled in the immersion cooling in data centers market include Fujitsu Limited, Usystems Limited, Wiwynn, Exascalar Inc, Dug Technology, DCX The Liquid Cooling Company, Submer, Vertiv Group Corporation, Asperitas, Schneider Electric, Stulz GmbH, Iceotope Technologies Limited, GRC Green Revolution Cooling, Liquidcool Solutions, LiquidStack, and Midas Immersion Cooling.

Vertiv Group Corporation is a company providing software, analytics, hardware, and related services for data centers, communication networks, and commercial & industrial facilities. It is engaged in designing, building, and servicing a range of thermal management, critical power, racks & enclosures, and monitoring & management solutions under the Avocent, Alber, Geist, Chloride, NetSure, and Liebert brands.

The company serves the healthcare, education, manufacturing, government, retail, railway, and telecom industries. Its key product in the immersion cooling systems portfolio is the Liebert VIC, which helps reduce cooling energy costs up to 95%. Vertiv has 19 manufacturing centers and 15 customer experience centers worldwide. It was founded in 2016, and has a strong workforce of more than 20,000 employees.

Key Topics Covered:

1. Global Immersion Cooling in Data Centers Market – Summary

2. Industry Outlook
2.1. Impact of Covid-19 on the Immersion Cooling in Data Centers Industry
2.2. Key Insights
2.2.1. Rising Company Collaborations for Sustainable Solutions
2.2.2. Green Data Centers Are Lucrative for Immersion Cooling
2.3. Porter’s Five Forces Analysis
2.3.1. Threat of New Entrants
2.3.2. Threat of Substitutes
2.3.3. Bargaining Power of Buyers
2.3.4. Bargaining Power of Suppliers
2.3.5. Threat of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Key Market Strategies
2.6.1. Product Launches & Developments
2.6.2. Partnerships & Agreements
2.7. Market Drivers
2.7.1. Increasing Adoption of Artificial Intelligence and Machine Learning
2.7.2. Growth in Power Density and Number of Data Centers
2.7.3. Development of Edge Computing
2.8. Market Challenges
2.8.1. Multiple Disadvantages Associated With Immersion Cooling Systems
2.9. Market Opportunities
2.9.1. Need for Increased Server Speeds
2.9.2. Efforts to Minimize Carbon Footprint

3. Global Immersion Cooling in Data Centers Market Outlook – by Product Type
3.1. Single-Phase Immersion Cooling System
3.2. Two-Phase Immersion Cooling System

4. Global Immersion Cooling in Data Centers Market Outlook – by Verticals
4.1. It & Telecom
4.2. Bfsi (Banking, Financial Services & Insurance)
4.3. Government & Public Sector
4.4. Healthcare
4.5. Manufacturing
4.6. Retail
4.7. Other Verticals

5. Global Immersion Cooling in Data Centers Market Outlook – by End-User
5.1. Hyperscale Data Centers
5.2. Enterprise Data Centers
5.3. Colocation Data Centers
5.4. Other End-Users

6. Global Immersion Cooling in Data Centers Market – Regional Outlook
6.1. North America
6.1.1. Market by Product Type
6.1.2. Market by Verticals
6.1.3. Market by End-User
6.1.4. Country Analysis
6.1.4.1. United States
6.1.4.2. Canada
6.2. Europe
6.2.1. Market by Product Type
6.2.2. Market by Verticals
6.2.3. Market by End-User
6.2.4. Country Analysis
6.2.4.1. United Kingdom
6.2.4.2. Germany
6.2.4.3. France
6.2.4.4. Netherlands
6.2.4.5. Nordic
6.2.4.6. Ireland
6.2.4.7. Rest of Europe
6.3. Asia-Pacific
6.3.1. Market by Product Type
6.3.2. Market by Verticals
6.3.3. Market by End-User
6.3.4. Country Analysis
6.3.4.1. China
6.3.4.2. Japan
6.3.4.3. India
6.3.4.4. Singapore
6.3.4.5. Malaysia
6.3.4.6. Australia & New Zealand
6.3.4.7. Rest of Asia-Pacific
6.4. Latin America
6.4.1. Market by Product Type
6.4.2. Market by Verticals
6.4.3. Market by End-User
6.4.4. Country Analysis
6.4.4.1. Brazil
6.4.4.2. Mexico
6.4.4.3. Rest of Latin America
6.5. Middle East and Africa
6.5.1. Market by Product Type
6.5.2. Market by Verticals
6.5.3. Market by End-User
6.5.4. Country Analysis
6.5.4.1. United Arab Emirates
6.5.4.2. Saudi Arabia
6.5.4.3. Turkey
6.5.4.4. South Africa
6.5.4.5. Morocco
6.5.4.6. Kenya
6.5.4.7. Rest of Middle East & Africa

7. Competitive Landscape
7.1. Asperitas
7.2. Dcx the Liquid Cooling Company
7.3. Dug Technology
7.4. Exascalar Inc
7.5. Fujitsu
7.6. Grc Green Revolution Cooling
7.7. Iceotope Technologies Limited
7.8. Liquidcool Solutions
7.9. Liquidstack
7.10. Midas Immersion Cooling
7.11. Schneider Electric
7.12. Stulz GmbH
7.13. Submer
7.14. Usystems Limited
7.15. Vertiv Group Corporation
7.16. Wiwynn

8. Research Methodology & Scope

For more information about this report visit https://www.researchandmarkets.com/r/3bvt8m


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

Tencent Announces Winners of Flagship CarbonX Program to Combat Climate Change

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SHENZHEN, China, May 23, 2024 /PRNewswire/ — Tencent (00700.HK) is awarding 13 exceptional teams that won the first phase of its groundbreaking CarbonX Program, which is aimed at boosting promising new climate technologies. The winners, which emerged from a pool of 30 finalists and more than 300 initial applications, will receive a total of around RMB 100 million (US$14 million) in financial support from Tencent. It showcases the company’s commitment to driving sustainable social innovations in the fight against climate change.

CarbonX was launched in March 2023 to advance the next generation of low-carbon technologies. Tencent has committed RMB 200 million (US$28 million) in catalytic funding over the next three years to innovative ideas that might otherwise languish or fail to gain traction.
CarbonX’s first phase focused on carbon capture, utilization, and storage (CCUS), as well as technology-based carbon removal. These solutions were chosen for their unique ability to curb emissions from hard-to-abate industries such as steel and cement, mitigate the continued reliance on fossil fuels, and reduce legacy emissions created from decades of industrialization.
Backed by Tencent’s mission of Tech for Good and an alliance of like-minded industry partners, CarbonX aims to help these cutting-edge technologies make the leap from the research or early startup stage to commercial scale. The ultimate goal is supporting them in making a significant impact toward the targets outlined in the Paris Agreement, which includes a 45 percent reduction in emissions by 2030 and achieving net-zero emissions by 2050.
Dr. Hao Xu, Tencent’s Vice President of Sustainable Social Value and Head of Tencent’s Carbon Neutrality Lab, said: “Technology innovation serves as the driving force to accelerate our progress toward achieving carbon neutrality. CarbonX program is aimed at fostering the growth of these technologies, driving positive impact across society, and laying the groundwork for a more sustainable future.”
Professor Jerry Yan, Chair Professor of the Hong Kong Polytechnic University and Co-chairman of the CarbonX expert committee, said: “To pave the path for a greener economy, we must champion the development of cutting-edge low-carbon technologies. Just as solar and wind power were nurtured in their infancy, emerging solutions like CCUS and tech-based carbon removal demand our early support.”
The program assembled a panel of experts from academia, industries, and the investor community as the jury, and welcomed submissions from diverse participants across three distinct tracks:
CarbonX Lab: Designed to incubate research institutions, universities, or labs that bring in game-changing climate solutionsCarbonX Accelerator: Designed to accelerate the growth of climate-tech startups that exhibit commercialization potentialCarbonX Infrastructure: Designed to support capacity building to facilitate industry developmentThe finalists comprise four projects from the Lab track, six from the Accelerator track, and three from the Infrastructure track. These projects explore innovative solutions, such as using steel slag to capture and store carbon directly from furnace exhaust, converting CO2 into sustainable aviation fuel and valuable chemicals through electrochemical reactions or microorganisms, and employing new approaches to directly capture CO2 from the atmosphere with the hope of slashing the cost to less than US$150 per ton.
Meanwhile, Tencent is also collaborating with Tsinghua University to develop a comprehensive system of Measure, Reporting and Verification (MRV) tools to accurately gauge progress toward decarbonization.
Aside from receiving financial and advisory support, several projects will also have the opportunity to collaborate with industry partners and test their research beyond the laboratory setting.
Building upon the success of the first phase, Tencent is poised to launch the second iteration of CarbonX globally as early as later this year in pursuit of early-stage climate tech innovation.

View original content:https://www.prnewswire.co.uk/news-releases/tencent-announces-winners-of-flagship-carbonx-program-to-combat-climate-change-302153596.html

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NEXCOM Delivers Exceptional Performance in Edge AI Video Analytics

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TAIPEI, May 23, 2024 /PRNewswire/ — NEXCOM, a leading supplier of network solutions, published AI and storage performance test results of its NSA 7160R: high-performance Edge server. NSA 7160R is powered by dual Intel® Xeon® Scalable processors for high computing, and enhanced with DDR5 memory, high-bandwidth PCIe Gen5 LAN modules, and high-capacity NVMe storage modules. The test results show the efficiency of the NSA 7160R in processing edge video server workloads and were explained in the accompanying paper. 

Edge AI Is the Future
With the rise of smart cities, processing data from cloud to the edge is becoming increasingly critical. Imagine the surge of visual data from ubiquitous security cameras – that information needs real-time analysis right where it’s collected. This is just the tip of the iceberg. As artificial intelligence permeates our lives, certain AI tasks will also need edge computing for efficient, lightning-fast performance. The key is to avoid bottlenecks in the data center by keeping things localized and streamlined.
Your Turnkey Solution Awaits
When it comes to Edge video servers, you need top-notch hardware and software that can handle all the “heavy lifting”. To speed up the total solution bringing up Intel comes in with their Intel® Edge Video Infrastructure (Intel® EVI) reference design. NEXCOM ran a bunch of tests using this design to evaluate its NSA 7160R for essential tasks including storage, image retrieval, and AI features such as inference and feature matching.
After conducting all tests, the results have shown that NSA 7160R meets all performance expectations with outstanding results. For a detailed breakdown of the solution description, test configuration, and results, please refer to the accompanying paper.
Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
About NEXCOM
Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM integrates its diverse capabilities and operates six global businesses, including the Network and Communication Solutions (NCS) unit. NCS focuses on the latest network technology and helps to build reliable network infrastructure, by delivering professional design and manufacturing services for customers all over the world. NCS’s network application platform is widely adopted in Cyber Security, Load Balancing, 5G uCPE, SD-WAN, SASE, Edge Computing, OT Security, Storage, NVR, and other network applications for businesses of all sizes.
Video – https://www.youtube.com/watch?v=4WlO8fyWnu4

View original content:https://www.prnewswire.co.uk/news-releases/nexcom-delivers-exceptional-performance-in-edge-ai-video-analytics-302153555.html

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Qiming Venture Partners Promotes Alex Zhou to Managing Partner

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SHANGHAI, May 23, 2024 /PRNewswire/ — Qiming Venture Partners, a global-leading venture capital firm, is pleased to announce the promotion of Alex Zhou to Managing Partner.

As a Qiming home-grown Managing Partner, Alex first joined the firm in 2014 as a Vice President and has since emerged as one of the most active investors in frontier technologies, especially in the field of artificial intelligence. Alex will join fellow Managing Partners Duane Kuang, Nisa Leung and William Hu in managing Qiming’s operations.
In the past few years, Alex has actively participated in or led investments in many outstanding technology companies across the artificial intelligence, robotics, semiconductors, new energy vehicles, and software sectors. Notable among these include Roborock, UBTech, Unisound, Biren Technology, ROX Motor, VIEWTRIX Technology, Zhipu AI, Mech-Mind Robotics, Axera, HyperStrong, DeepWay, etc.
“I am deeply grateful for the guidance and trust I received from Qiming over the past 10 years.” Alex said. “We are at the forefront of a new wave of technological revolution. This era will undoubtedly bring about many bold innovators who will shape the future. Together with all the Managing Partners and colleagues at Qiming, I am excited and fully committed to seize the opportunities, embrace any potential challenges, explore new possibilities and build a better Qiming.”
Since its inception 18 years ago, Qiming has always committed to upgrading its institutional capabilities and team development in order to stay ahead in an ever-evolving technological and market landscape. The success achieved in the fields of healthcare, mobile internet and frontier technology is a testament to this strategic approach. Alex’s promotion to the most senior position in the firm demonstrates Qiming’s continued confidence in the future of technology innovation.
About Qiming Venture Partners
Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Consumer (T&C) and Healthcare industries at the early and growth stages.
Since our debut, we have backed over 530 fast-growing and innovative companies. Over 200 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 70 portfolio companies that have achieved unicorn or super unicorn status.
Many of our portfolio companies are today’s most influential firms in their respective sectors, including Xiaomi, Meituan, Bilibili, Zhihu, Roborock, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, Schrödinger, APT Medical, New Horizon Health, Sanyou Medical, AmoyDx, Berry Genomics, SinocellTech, UBTech, Yuanxin Technology, Caidya, Belief BioMed, WeRide, among many others.

View original content:https://www.prnewswire.co.uk/news-releases/qiming-venture-partners-promotes-alex-zhou-to-managing-partner-302153306.html

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