Hisey

Futuristic AI Requires Futuristic Data Centers, Experts Urge Investment Surge

Retrieved on: 
Thursday, May 2, 2024

VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers markets is surging, projecting the Modular Data Center Market to grow at a CAGR of 17.8% to $55 billion by 2030, while the Data Center Infrastructure Management Market is set to grow even faster at a 20.73% CAGR over the same time frame. Behind the scenes, several players are jockeying for position in the data center arena, including new developments coming from Avant Technologies Inc. (OTCQB: AVAI), International Business Machines Corporation (IBM) (NYSE: IBM), Intel Corporation (NASDAQ: INTC), Micron Technology, Inc. (NASDAQ: MU), and Amazon.com, Inc. (NASDAQ: AMZN).

Key Points: 
  • Experts are now declaring that ' futuristic AI needs futuristic data centers ' in order to achieve the dreams of developers and end-users.
  • Now more recently, Avant has announced its plans to implement AI-empowered, Zero Trust Architecture (ZTA) across its data center operations.
  • "This combined approach ensures the highest level of security for our customers' data while optimizing data center operations for efficiency and cost-effectiveness.
  • Avant is committed to providing innovative technology to help businesses optimize data center operations, improve resource utilization, and enhance security."

Futuristic AI Requires Futuristic Data Centers, Experts Urge Investment Surge

Retrieved on: 
Thursday, May 2, 2024

VANCOUVER, BC, May 2, 2024 /PRNewswire/ -- With integration of AI-powered computing steadily on the rise, analysts at Goldman Sachs Research are projecting that the global data center power behind this tech boom is poised to more than double by 2030. However, the catch is that Goldman's teach believes that the supporting data center load growth will require at least $50 billion in new power generation capacity investment to achieve this. Experts are now declaring that 'futuristic AI needs futuristic data centers' in order to achieve the dreams of developers and end-users. According to WhaTech, the growth for data centers markets is surging, projecting the Modular Data Center Market to grow at a CAGR of 17.8% to $55 billion by 2030, while the Data Center Infrastructure Management Market is set to grow even faster at a 20.73% CAGR over the same time frame. Behind the scenes, several players are jockeying for position in the data center arena, including new developments coming from Avant Technologies Inc. (OTCQB: AVAI), International Business Machines Corporation (IBM) (NYSE: IBM), Intel Corporation (NASDAQ: INTC), Micron Technology, Inc. (NASDAQ: MU), and Amazon.com, Inc. (NASDAQ: AMZN).

Key Points: 
  • Experts are now declaring that ' futuristic AI needs futuristic data centers ' in order to achieve the dreams of developers and end-users.
  • Now more recently, Avant has announced its plans to implement AI-empowered, Zero Trust Architecture (ZTA) across its data center operations.
  • "This combined approach ensures the highest level of security for our customers' data while optimizing data center operations for efficiency and cost-effectiveness.
  • Avant is committed to providing innovative technology to help businesses optimize data center operations, improve resource utilization, and enhance security."

QualTek CEO Scott Hisey to Discuss Adapting to a Hybrid Workforce at Milken Institute Global Conference

Retrieved on: 
Monday, October 11, 2021

Hisey will join other business leaders to discuss "Leading A New Workforce: Challenges and Opportunities", on Tuesday, October 19th in Los Angeles, CA, at 11:30am PT.

Key Points: 
  • Hisey will join other business leaders to discuss "Leading A New Workforce: Challenges and Opportunities", on Tuesday, October 19th in Los Angeles, CA, at 11:30am PT.
  • "I am thrilled to participate in an important conversation about the future of our workforce and what organizations need to do to thrive moving forward," said Scott Hisey, CEO of QualTek.
  • QualTek has a national footprint with more than 80 operation centers across the U.S. and Canada and a workforce of over 5,000 people.
  • About The Milken Conference:The Milken Institute Global Conference convenes the best minds in the world to tackle its most urgent challenges and to help realize its most exciting opportunities.