News & Insights

Vertiv reports strong third quarter 2024 results and raises full year guidance

Oct 23, 2024

Vertiv reported third quarter 2024 net sales of $2,074 million, an increase of $331 million, or 19%, compared to last year’s third quarter. Organic orders (excluding foreign exchange) for the trailing twelve-month (TTM) period ended September 2024 were up ~37% compared to the September 2023 TTM period, consistent with ~37% TTM order growth at the end of second quarter 2024, driven by strength in the hyperscale and colocation data center market.

Vertiv codevelops with NVIDIA complete power and cooling blueprint for NVIDIA GB200 NVL72 platform

Oct 15, 2024

Vertiv (NYSE: VRT), a global provider of critical digital infrastructure, today announced that it is releasing a complete 7MW reference architecture of the NVIDIA GB200 NVL72 platform, co-developed with NVIDIA, that will enable customers to transform traditional data center architectures into AI factories capable of powering AI applications across the enterprise.

Vertiv unveils next-generation UPS to support high capacity, high availability AI power demands in room and prefabricated deployments in all world regions

Jul 09, 2024

As global electricity demand from data centers is expected to double by 2026 – largely driven by computing and cooling requirements from AI (artificial intelligence) and HPC (high-performance computing) – it is crucial to have a robust backup power solution to provide continuous availability of the GPUs and CPUs that run AI compute.