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Vertiv introduces cloud-based and vendor-neutral fleet management and monitoring solution for edge and distributed physical infrastructure environments in EMEA

As AI workloads pivot to the network edge, the need for enhanced visibility at these remote data center sites has become increasingly apparent. Recognizing this, Vertiv (NYSE: VRT), a leading provider of critical digital infrastructure and continuity solutions, has introduced Vertiv™ Environet™ Connect, a cloud-connected and web-based fleet management and monitoring solution

News

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

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.

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