Schneider Electric said it continued to scale up its data services capacity to support growth and meet increased domestic demand which had been accelerated by the digitisation of supply chains during the pandemic.
Due to the surge in data center investment, Schneider Electric’s New Zealand business revenue increased for the year ending in December 2021. From $148.4 million in revenue in 2020 to $189.8 million in 2021, the total revenue climbed over that period, and the net profit more than doubled to $10.8 million from $4.1 million.
Both locally and globally, there is an ongoing demand for more data center space, but the local market has been greatly stimulated by the recent deployments of hyperscale cloud facilities by companies like CDC Data Centers, Microsoft, DCI Data Centers, and AWS, with more on the way, according to a report by Reseller News.
Meanwhile, according to Schneider Electric, the digitalisation of supply chains during the pandemic had accelerated the company’s scaling up of its data services capability to support growth and satisfy rising domestic demand.
“New Zealand is a great place to host data centers from an efficiency perspective… It is advanced on an international scale and Schneider has done its part by vastly expanding its work and capability in this area in line with domestic exponential growth.” said Jason Molloy, data center expert at Schneider Electric.
“This means we have to fast-track digital transformation and edge computing services, which will continue to grow in the next two to five years as people transition from on-premise to cloud and hybrid… As a company Schneider is ready to play an educational role and meet the demand.” Molloy added.
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