$VRT Vertiv Holdings LLC Deep Dive and 2024 Outlook

The data center infrastructure company is riding the AI wave

Vertiv Holdings LLC is a prominent player in critical digital infrastructure technology, offering a range of products and services that power, cool, deploy, secure, and maintain electronics for data centers, communication networks, and commercial and industrial environments. Their solutions include AC and DC power management, thermal management, integrated rack systems, modular solutions, and management systems for monitoring and controlling digital infrastructure. Vertiv caters to a diverse customer base, serving industries such as cloud services, financial services, healthcare, transportation, manufacturing, energy, education, government, social media, and retail.

The company was founded in 1946 as a refrigeration company, but rebranded in 2016 and has quickly established itself as a global leader with operations in over 130 countries and a workforce of approximately 27,000 employees. Vertiv's commitment to innovation is evident through its substantial investment in research and development, boasting a significant number of patents and trademarks. With a strong focus on sustainability and operational efficiency, Vertiv continues to evolve its offerings to meet the ever-changing demands of the digital landscape.