Schneider Electric anticipates major regional growth in cloud computing
November 19, 2012
Grazed from AME. Author: Editorial Staff.
Schneider Electric, the global specialist in energy management, announced it has registered stable growth of 4% over the last quarter, as well as nine percent in the first nine months of 2012 for the Rest of the World reporting region that includes the Middle East. A particularly strong momentum was registered by the infrastructure, buildings, power, and IT business units.
The company stated the worldwide datacentre market has witnessed a growth of 22% in 2012, to $105bn from $86bn in 2011. The Middle East is the fastest growing sector in this category. The company also reported robust global growth in sales for the first three quarters of 2012, recording a rise of 14.9% for infrastructure and 18% for IT business…
Schneider Electric, which has a presence in all the countries of the Middle East, is represented by 5,000 employees, two distribution centers and eight manufacturing plants in the region…
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