Video Networks
closedDigitized video and related e-commerce applications for the media industry.
| Date | Investors | Amount | Round |
|---|---|---|---|
$66.0m | Late VC | ||
| Total Funding | 000k | ||
VNET Group, Inc. operates as a carrier-neutral data center service provider in China, offering a suite of services that includes colocation, cloud services, and hybrid IT solutions. The company caters to a diverse client base, ranging from internet companies to government agencies and blue-chip enterprises, providing the critical infrastructure for their digital operations. Its business model is centered on delivering secure and reliable data management and interconnection services.
The firm's service portfolio is built around its network of data centers. It provides managed hosting services, where it offers data center space, power, and cooling, alongside interconnection services that facilitate private connections between customers within its data centers. VNET also delivers cloud services and has developed hybrid IT solutions to meet evolving customer needs for integrated on-premise and cloud environments. A key offering is the self-developed "Smart Navigation Platform," an intelligent data center operation solution for managing personnel, facilities, and workflows to enhance energy efficiency. In December 2024, VNET collaborated with Eaton to launch the "10kV Medium-Voltage Energy Router Solution," which integrates various technologies to achieve a high energy conversion rate of 98.3%, supporting sustainable development for its clients.
VNET emphasizes service quality, conducting nationwide customer satisfaction surveys twice a year across all its service lines, including data center, network, cloud, and Hybrid IT services. In 2024, the company reported a nationwide customer satisfaction rate of 99.63%. The company's strategy involves continuous investment in technological advancements, focusing on areas like renewable energy applications, green energy conservation, and intelligent operations and maintenance to strengthen its market position and future competitiveness. Keywords: data center services, colocation, cloud services, hybrid IT, managed hosting, interconnection, data center infrastructure, enterprise IT solutions, network services, digital infrastructure, carrier-neutral data centers, intelligent operations, sustainable data centers, green energy, power systems, managed network services, China data centers, IT infrastructure provider, data management