Vertiv
Provide power, thermal management, and IT infrastructure solutions for data centers; a critical infrastructure supplier in the era of liquid-cooled heat dissipation.
One of the world's largest suppliers of critical data center infrastructure, with products covering power distribution, thermal management (air cooling + liquid cooling), and monitoring systems, and deep expertise in liquid cooling system integration.
Company Overview
Vertiv was founded in 2016 as a spin-off from Emerson Electric's Network Power business segment and was subsequently listed as an independent company. Its headquarters is located in Columbus, Ohio, USA.
Vertiv is one of the undisputed leaders in global data center infrastructure. From power distribution, UPS (uninterruptible power supply), precision cooling, to liquid cooling systems, Vertiv provides critical infrastructure for more than half of the world's data centers. In the AI era, the surge in liquid cooling demand driven by high-power GPUs has made Vertiv, with its complete liquid cooling system integration capabilities and global service network, a core beneficiary of this round of capital expenditure expansion.
Core Business
Thermal Management System (Including Liquid Cooling) | Fastest Growing
- Air-cooled Precision Air Conditioning: The foundation of the traditional business, still accounting for the majority of the data center cooling market.
- Cold Plate Liquid Cooling System: Vertiv provides one-stop liquid cooling solutions from CDU (Coolant Distribution Unit), liquid cooling cabinets to piping systems, targeting AI high-density GPU clusters.
- Immersion Liquid Cooling: The ultimate cooling solution for future hyperscale data centers.
Power Infrastructure
- UPS Uninterruptible Power Supply: Vertiv holds a leading global market share in the UPS market, ensuring uninterrupted power supply for AI data centers.
- Power Distribution System: PDU (Power Distribution Unit), busway, and other data center power distribution equipment.
Technical Moat
Global Service Network: Vertiv has over 200 service centers and thousands of field engineers worldwide, capable of providing localized installation and maintenance services for liquid cooling retrofits in major data centers globally.
System Integration Capability: Liquid cooling is not a single product but an integration of cold plates, CDUs, piping, coolant, and monitoring systems. Vertiv's system integration experience accumulated during the air-cooling era gives it a unique advantage in the liquid-cooling era.
Market Landscape
| Dimension | Data |
|---|---|
| Data Center Thermal Management | Top 3 Globally |
| Key Competitors | Schneider Electric, Envicool |
| Core Customers | Amazon, Microsoft, Google, Large Data Center Operators |
Risks and Summary
Vertiv is the final link in the AI chain from "chips to infrastructure." While everyone focuses on GPUs and optical modules, Vertiv's mission is singular—ensuring those multi-kilowatt GPUs don't go down due to overheating. Against the backdrop of large-scale AI compute cluster construction, Vertiv is a high-certainty beneficiary.