DataVolt Company Profile

Background

DataVolt is a Saudi Arabian company specializing in the design, development, and operation of sustainable digital infrastructure. Established in 2023, DataVolt is a wholly owned subsidiary of Vision Invest, a prominent Saudi Arabian development and investment holding company focused on critical infrastructure. The company's mission is to empower businesses with eco-friendly solutions by integrating advanced technology with efficient water use and cooling systems, thereby minimizing environmental impact while maximizing operational efficiency. DataVolt's vision is to lead the way in pioneering sustainable digital infrastructure, merging advanced technology with efficient resource management to support the evolving demands of modern computing technology.

Key Strategic Focus

DataVolt's strategic focus encompasses several core objectives:

• Sustainable Energy Solutions: Leveraging expertise in renewable energy sources such as solar, wind, and green hydrogen to power data centers, reducing reliance on traditional energy sources.

• Advanced Cooling and Water Recycling: Implementing innovative cooling systems and water recycling technologies to enhance energy efficiency and minimize environmental impact.

• AI-Ready Infrastructure: Developing data centers equipped to handle the complex computational tasks inherent in AI-driven applications, supporting the growth of artificial intelligence technologies.

• Global Expansion: Establishing a presence in key international markets, including the Middle East, Africa, and Asia, to meet the growing demand for sustainable digital infrastructure.

Financials and Funding

DataVolt has committed to investing over $5 billion in developing approximately 300MW of data center capacity in Saudi Arabia. Notable projects include a $667 million investment in a Riyadh data center and a $20 billion partnership with Supermicro to accelerate the adoption of rack-scale total liquid cooling IT solutions for AI data centers.

Pipeline Development

DataVolt's key projects include:

• Riyadh Data Center: A 55,000 square meter AI-ready facility in Riyadh's First Technology Park, with construction expected to commence in Q3 2025 and completion anticipated within two years.

• Neom's Oxagon Industrial Area: A 1.5GW data center campus, with the first 300MW phase expected to be operational by 2028.

• Tashkent IT Park Data Center: Central Asia's first Tier 3 carrier-neutral, AI-enabled data center powered by renewable energy, with groundbreaking in May 2024.

• Dhaka Data Center: A planned $100 million investment in a data center campus in Bangladesh's Bangabandhu Hi-Tech City.

Technological Platform and Innovation

DataVolt distinguishes itself through several proprietary technologies and methodologies:

• Liquid Cooling Solutions: Collaborations with companies like Chemours and Supermicro to develop advanced liquid cooling systems, enhancing data center efficiency and sustainability.

• Renewable Energy Integration: Utilizing solar, wind, and green hydrogen to power data centers, reducing carbon footprint and ensuring green operations.

• Water Recycling Technologies: Partnerships with firms like AquaTech to implement water-efficient cooling and recycling systems, minimizing water usage and promoting sustainability.

Leadership Team

DataVolt's leadership comprises seasoned professionals with extensive experience in the energy and infrastructure sectors:

• Paddy Padmanathan, Chairman: Over 35 years of experience, formerly President & CEO of ACWA Power, leading it to a valuation of $75 billion.

• Mohammad Abunayyan, Board Member: Chairman of Vision Invest, ACWA Power, and Saudi Tabreed, with over 40 years of experience in power and water sectors.

• Omar AlMidani, Board Member: President and CEO of Vision Invest, with a strong operational presence across Africa, Asia, and Europe.

• Nandita Parshad, Board Member: Over 35 years of experience in financing and investing in energy and infrastructure, formerly Managing Director of the Sustainable Infrastructure Group at EBRD.

• Rajit Nanda, CEO: Former CFO and CIO of ACWA Power, instrumental in its global growth and $30+ billion stock market listing.

• Kashif Rana, CFO & COO: Over 20 years of experience in power and water sectors, formerly CFO at ACWA Power, managing a diverse portfolio worth approximately $80 billion.

• Dr. Andrea Lovato, Chief Development Officer: Ph.D. in Manufacturing Engineering, previously Global Head of Hydrogen and Head of Renewables at ACWA Power.

• Anil Vijayachandran, Deputy Chief Development Officer: Over 15 years of expertise in infrastructure project development, formerly headed Business Development at ACWA Power.

• Sangram Khuntia, Chief Technical Officer: Over 27 years of experience in the energy sector, formerly Executive VP at ACWA Power, delivering over 40 GW of power projects.

Leadership Changes

In March 2023, Paddy Padmanathan stepped down from his role as President & CEO of ACWA Power to focus on new ventures addressing decarbonization and potable water crises, subsequently assuming the role of Chairman at DataVolt.

Competitor Profile

Market Insights and Dynamics

The global data center market is experiencing significant growth, driven by increasing demand for cloud services, AI applications, and sustainable infrastructure. The Middle East, particularly Saudi Arabia, is emerging as a key player in this sector, with substantial investments in data center development.

Competitor Analysis

Key competitors in the region include:

• STC Solutions: A subsidiary of Saudi Telecom Company, offering a range of data center services with a focus on cloud solutions and managed services.

• Mobily: Provides data center and cloud services, emphasizing connectivity and integrated solutions for enterprises.

• Gulf Data Hub: Specializes in colocation services, with facilities across the Middle East, focusing on scalability and reliability.

• Khazna Data Centers: Operates large-scale data centers in the UAE, offering wholesale colocation services with an emphasis on security and efficiency.

Strategic Collaborations and Partnerships

DataVolt has established several significant partnerships to enhance its market position and innovation capacity:

• Chemours: Agreement to develop advanced liquid cooling solutions for data centers, focusing on increasing efficiency and sustainability.

• Supermicro: Multi-year partnership to accelerate the adoption of rack-scale total liquid cooling IT solutions for AI data centers, valued at $20 billion.

• AquaTech: MoU to develop water-efficient data centers, incorporating advanced cooling and water recycling technologies.

Operational Insights

DataVolt's strategic considerations include:

• Sustainability Focus: Emphasizing renewable energy integration and efficient resource management to differentiate from competitors.

• Technological Innovation: Investing in advanced cooling and AI-ready infrastructure to meet the evolving demands of modern computing.

• Global Expansion: Establishing a presence in key international markets to capitalize on growing demand for sustainable digital infrastructure.

Strategic Opportunities and Future Directions

DataVolt's strategic roadmap includes:

• Expansion of Data Center Capacity: Continuing to invest in large-scale data center projects to meet increasing demand.

• Advancement of AI Capabilities: Enhancing infrastructure to support AI applications, positioning as a leader in AI-ready data centers.

• Strengthening Partnerships: Building on existing collaborations and seeking new alliances to drive innovation and market reach.

Contact Information

For more information, visit DataVolt's official website.