Report
Richard Williamson

Northern Data Group - Building its European AI ecosystem

Northern Data has announced a number of initiatives that underline management’s commitment to be at the forefront of AI and high-performance computing (HPC) innovation in Europe. The launch of an AI Accelerator programme is designed to enable selected start-ups to rapidly scale or complete proof of concepts for their AI ideas. It gives selected start-ups access to Taiga Cloud, as well as technology and training from ecosystem partners including NVIDIA, Hewlett Packard (HPE) and Supermicro. This follows the announcement of a partnership with VAST Data, a leading AI infrastructure and data platform, to provide Taiga’s clients with advanced cloud data management solutions. We expect to initiate forecasts following publication of the company’s FY23 results.
Underlying
Northern Data AG

Northern Data AG is a Germany-based company engaged in the information technology (IT) industry. The Company develops and builds infrastructure solutions in the area of High-Performance Computing (HPC). The Company offers its solutions in such areas as machine learning and artificial intelligence (AI), big data analytics, blockchain, game streaming, video rendering and others. The Company offers its HPC solutions both stationary in large centers and in mobile, high-technology data centers based on containers, which can be set up at any location worldwide. The Company combines self-developed software and hardware with intelligent concepts for a sustainable energy supply. The Company serves customers worldwide.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Richard Williamson

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