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0 -0.000337723741979114 0.000675447483958108 0.00236406619385332 -0.00320837554880116 0.00523471800067537 0.0123269165822357 0.0124957784532252
Stock impact report

Powering the new normal: ABB survey finds 53% of data center professionals are considering power system upgrades to meet increased demand

ABB Ltd (ABB) 
Last abb ltd earnings: 7/25 12:46 am Check Earnings Report
US:NYSE Investor Relations: new.abb.com/investorrelations
Company Research Source: PR Web
DALLAS (PRWEB) January 27, 2021 The events of 2020 rapidly accelerated a global, cross-industry digital transformation, underscoring the mission criticality of data centers as the backbone of the world's virtual economy. In fact, the data center market is expected to grow by nearly 14% in 2021. ABB Power Conversion – a global provider of comprehensive, end-to-end power solutions in mission-critical environments – today issued a new data report, "Data Overload: Powering Data Centers in the New Normal," that explores the unprecedented demand on data centers in 2020 as well as long-term impacts that will shape data center operations for years to come. Not surprisingly, 96% of data center professionals surveyed** reported that demand on their data center increased in 2020, which could indicate why 53% of those surveyed are likely* to consider power system upgrades to meet increased demand in the future. "The impact of COVID-19 fundamentally accelerated the concept of mission critical. Ov Show less Read more
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