10 AI News Making Waves Today

3. Vertiv Holdings Co (NYSE:VRT)

Market Capitalization: $44.78 billion

Vertiv Holdings Co (NYSE:VRT) offers digital infrastructure technology and services for data centers, communication networks, and commercial and industrial facilities. Its offerings, such as its cooling and power systems, are crucial to ensure that data centers run smoothly.

As reported on November 14, Vertiv Holdings Co (NYSE:VRT) will be collaborating with Ansys, a global leader in engineering simulation, to digitally transform its design of data center cooling systems. Using Ansys digital engineering technology, Vertiv Holdings Co (NYSE:VRT) will be able to achieve benefits such as reduced development time, improved scalability, and early decision-making. In particular, heat exchanger coils, essential for cooling systems but complex to design, will benefit from Ansys’ technology that will make development quicker and more accurate. Businesses will be able to develop products and respond to customer requests at a faster pace; speeding up their go-to-market time.

“Ansys’ industry-leading simulation solutions will help drive Vertiv’s business model as we design solutions for the future. Our mission is to revolutionize the way the world conceptualizes and develops data centers — from cooling and power technologies through implementing AI in the design of the data center itself. With Ansys, we will more quickly meet critical milestones that will help us deliver the most optimal infrastructure to support our customers’ AI-based projects with energy-efficient and reliable future-forward designs”.

– Steve Blackwell, vice president of engineering at Vertiv.