Schneider Electric has said that it is planning to grab a bigger share of the Middle East’s data centre market.
The firm said that its revenues for have grown by 4% in the past quarter, and by 9% in its Rest of the World region including the Middle East for the first nine months of the year.
The energy management business said infrastructure, power, and IT businesses were the fastest-growing divisions, with the latter recording growth of 18% in the nine months to September 30.
It added that the data centre market has grown by 22% worldwide in 2012 to $105bn, with the Middle East being the fastest-growing region in the world.
Schneider Electric set out its stall on the opening day of the Middle East Datacenter Solutions Conference, titled Power to the Cloud.
The firm said that it employs 5,000 people in the region, where it has two distribution centres, eight manufacturing plants and a presence in every country.
Goktug Gur, Schneider Electric’s country president for the UAE and Oman, said: “The Middle East and the Gulf is extremely crucial to the overall growth of the company. As part of our expansion plans across the region, we are looking to grow our team of professionals and the number of offices in the region. We also aim to forge new partnerships with distributors.”
The two-day Middle East Datacenter Solutions Conference has been taking place at the Jumeirah Beach Hotel in Dubai, and concludes today.